ted (not lasso) on Warpcast

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https://warpcast.com/~/channel/ted

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ted (not lasso) pfp

ted (not lasso)

my loosely held, emerging opinion on crypto’s parallels to fast fashion: the fashion industry produces over 100b products a year, with SHEIN alone adding 10k new product per day (!!). the average product is worn 7-10x before it’s discarded. imo the SHEIN-ification of fashion hasn’t been a net good. it has eroded the cultural and material value of what we wear. people don’t build identities around disposable clothes the same way they build identities around LVMH, Rolex, Levi’s, and other enduring brands that compound meaning over time. the “everything is a token” mantra puts crypto much closer to SHEIN than to LVMH. what once required thought and community (launching a token) has become a game of quantity over quality, and humans aren’t built for infinite new things. the “conceptual Dunbar’s Number” puts a psychological cap on what we can meaningfully track and care about and so the norm in fashion will too apply to crypto: engage an average of 7-10x (if that!) before discarding.

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possibly a bit reductive but feel slop is kinda the catch all term for this fast fashion --> wearable slop token launchpads --> onchain slop ai --> text and image slop etc etc that being said i feel this is sort of the purpose of technology, democratization of everything. in theory this places even more value for the things imbued w care and intention

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tldr (tim reilly) pfp

tldr (tim reilly)

very interesting and evocative comparison. (what you say here is one of the reasons I like Clanker's evolving focus on "project tokens" - ie tokens that provide use beyond mere attention; that have builders behind them; that try to persist)

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@meganmichelle.eth

Yes, this is accurate.

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links 🏴 pfp

It’s funny to hear you call it ShEIN-ification. I think fast fashion for the last 30 years has had that quick discard attribute. At /bcard @nfthinker is always saying “DAOs are brands”, but we know it extends to everything. When Ai commodifies content, code, and art, the only thing left is brand.

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Love the analogy. Fast fashion is trash. And we have to take care to not turn everything into a disposable good.

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@koolkheart.eth

Fast fashion didn’t just cheapen clothes, it cheapened identity. Crypto risks doing the same if we keep prioritizing hype cycles over heritage

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Dee.eth pfp

This is so so accurate! It seems like there’s a new token every day thats seen as the ‘new meta’ and then not even a week later the hype has gone down and everyones selling and if you dont you get such a loss. This is coming from someone that knows almost nothing about crypto and just what ive seen here on fc so I can imagine it being worse when looked at overall

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alexander the great

you're not wrong. i believe that people crave connection to things that endure. for instance, a Levi’s jacket (parallel to a good project with real community roots, imo 😄). quality will always trump quantity when it comes down to value and identity. by any chance, do you follow frontoffice.co on IG?

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maks pfp

this is a good take tokenization changes the way we perceive content, and not really in a healthy or sustainable way mc !== underlying value

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winny pfp

this is so good

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dutch pfp

how about, Don't build your identity around ANY brand ?

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solid take, fully agree

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Vana coinempress pfp

Vana coinempress

this is such a great comparison. more is not always better. I donated all my clothes from shein and deleted the app after learning about how this clothing is made from which materials etc.

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Chris Biele 📸 pfp

Chris Biele 📸

Launching quick and easy tokens has given everyone the power to create a meme. While this is a powerful tool for unlocking brand engagement, ownership, and rewards structures, it is also tied to potential profit. So the memetic value is really a function of price. Number go up, meme gets stronger. I’ve heard you say this before about /higher, @ted, it should be about the brand identity, not the price. The enduring tokens will ultimately be the ones that provide deeper memetic value. Hodlers will HODL because of some greater purpose, and this will create robust purpose driven communities.

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Toufic Adlouni pfp

Happened in video games too which caused the collapse of the video game market in 1983. It was only after the NES was able to curate quality and restrict supply did we see a resurgence.

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It’s also worth considering that if people are going to consume something low quality and without lasting power minimizing the resources to feed that perceived need is a net good. Obviously eliminating that style of consumption cycle is ideal, but progress is progress.

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There’s just so much going on It doesn’t feel special again

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gweiwhale.eth 🔵🎩 pfp

gweiwhale.eth 🔵🎩

unapologetically disposable goods

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