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ted (not lasso)
@ted
half-baked thoughts on current FC memecoin mania (of which i am a passive participant): the key difference b/w what's going on here vs pump.fun / X is our access and exposure; we get to be early and early more often because AI has made it easy for anyone to spin up a memecoin and get distribution all-in-one. more early access = more wealth, so ofc it will be embraced esp by those getting early access; there are still in vs out group dynamics. otherwise, its the same primitive (casino) just with enhanced features that improve trading efficiency; the built-in social context makes us trade more quickly and confidently bc we save time not switching from tiktok to X to pump.fun, verifying social handles, etc. degen and anon are most interesting to me due to their application (innovation; social tipping + zk account access) and integration (growth hack). note both were airdropped based on proof of commitment: degen for early active FC users, anon for supercast paid users. these are exceptions, not the norm.
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ted (not lasso)
@ted
TLDR: nothing is net new, just a better UX for FC users.
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Garrett
@garrett
launching coins within an embedded social context is net new imo it’s the clear feature improvement over pump that changes the dynamics slightly where it’s easier to understand and get involved as a user
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↑langchain 🎩
@langchain
you don't have to be first, you just have to be the best
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