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tk

@tike

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the potential of social feed x apps x wallets x internet capital markets yet hasn't priced in *at all* for the majority we have 0.1% penetration vs web2 social. could be value prop, switching cost owing to algos/audiences already knowing you well, cost of switching social graph et al TBA, farcaster, zora have a strong premise/potent, but i can't pinpoint on the needlemover yet. i just know it won't be 9 reasons open social wins. it'll be one canonical reason (or feature?) there is 100% something invisible about open social networks that's not obvious to the world yet (me neither) best believe if we find a wedge with insights & intuition, we'll don david's hat also keen to see if retail gets in to token launching and how // whether it's the ux of clanker or smthn else content coins will abstract all UX away from speculation (virtually invisible friction) but whether content coins find pmf like memecoins is the question
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adding trending tokens feature made me so happy w my little context so far, my opinion has always been that farcaster should embrace degen/speculation *at heart* (and while @dwr.eth said trading isn’t inherently social — quote isn’t verbatim^) nobody has won this in crypto social for years (which makes it so lucrative. North Star in this case^: (money moved/traded every 24hrs via warplets) if over 6 months they were to embace it, i think theyd ship ~50% of these: > reduce the taps to a buy > introduce quick buys > add all related “casts” about a token on the home page > (might not do it) but ideally make token launching via clanker more intuitive/add it more deeply > show aggregated pnl of fc users > see holdings of any fc user > notifs when my fc follows buy sth > auto buy/auto sell yeah essentially they just build specs from /castmoney lol i know they wont do all of this shouldn’t also but what’s worked the most is the speculation / ICM / token communities et alo
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scattered, but gold rush > a token’s chart, over a long enough timeframe, only goes one way: down & to the right. barring the 0.001%. you’re out of depth if you *don’t* think this is true. > crypto social has a 99.99% mortality rate. (like really, who has won?) which makes the opportunity far more lucrative (parallely, irrational) > always take profits at an all time high. always. > internet capital markets can create value out of thin air, but also uncontrollably evaporate a lot of value (and you can’t do much) > product >> token. always. especially if you’ve found pmf/traction > exploit momentum by knocking on all doors. optimise to punch above your weight. > smart answers & honest answers are 2 different things. honest is better for you, generally, over a decade long run > LP/market makers/KOLs/CEX is all larp. it’s a distraction. pmf, revenue, scale — all else will follow > CT’s skepticism helps make the invisible, the visible — you’re often stuck in your own head
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