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SuShef.eth
@sushef
1/ Reposting here b/c I'm dumb: I'm seeing two broad trends starting to emerge: 1. Growth Hacking thru /frames 2. Bootstrapping thru memecoins A lot of people are talking about using /frames for just about everything from minting NFTs to checking gas fees to /yoinking a flag but they all overlook one major thing...
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SuShef.eth
@sushef
2/ The built-in ability to re-share a frame is a massive change to sharing viral knowledge and tools that hasn't sunk in for most folks yet. Just used a frame to mint an NFT on /zora and you want followers to do the same? Easy, click ♺ Just /yoinked the flag and you want your followers to join in? Easy, click ♺
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SuShef.eth
@sushef
3/ /yoink is a beautiful example of a *very* simple game within a frame that takes <5 seconds to play AND re-share to your whole network. Your entire experience with /yoink lasts only a few seconds but now it's on your feed bouncing around endlessly so ofc you continue to engage it each time it appears
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SuShef.eth
@sushef
4/ Much like Telegram-based trading bots and tools, I expect more and more projects to use /frames-based games and tools to grow their user base in a more easily shareable forum while keeping development and GTM costs at a minimum. We'll probably see frames-only businesses by the end of the cycle.
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SuShef.eth
@sushef
5/ The other major trend is memecoins as a legitimate growth tool. I saw this plenty of times leading BD at Sushi, if a new chain or network launches and there is nothing to do there & no culture, well no one will come to build & your chain will zombify within 6 months. Memecoins fix this problem for most networks...
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SuShef.eth
@sushef
6/ While most memecoins are pure speculation, some big brains see them as a legit way to grow and cultivate a unique culture on a particular network. When a project launches a token, they have to bootstrap liquidity and users from somewhere right? In 2024 Memecoins are that growth vector...
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SuShef.eth
@sushef
7/ As an example when /base launched last year, there was literally nothing to do that was unique from ANY other EVM chain - yet the launch of Toshi and Bald (& others) helped not only catalyze interest in /base as a network but also encouraged users to shift liquidity FROM other networks TO /base to trade these coins.
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SuShef.eth
@sushef
8/ Fast forward to 2024 and we have several "serious" teams actively engaging with meme communities as they finally recognize the inherent value to their own networks - examples include Avalanche buying a portfolio of native memecoins and Pontem creating their own memecoin $doodoo to bootstrap liquidity on Aptos
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