Degen

Degenovation led the way in the ecosystem, and now the community is evolving to create a sustainable long term strategy. Copycats will fill the void, but will have to face the same challenges that caused the $DEGEN pivot.

NFT enjoyooor, crypto student, $DEGEN🎩, intergalactic blockchain explorer. I'm not a moon boi, I'm a space man✨ 👨‍🚀✨ /memestoanend

most will have nothing to pivot towards.
treat tipping tokens like any other mayfly shitcoin.

Agreed. The ecosystem Degen has built, with it's L3 and early investments, is a massive first mover advantage. Filling the void for tipping demand is an insatiable beast that could create tremendous downward pressure on all who try to fill it.

each one is a matchstick holding up farcaster's tipping culture. the sooner they collapse, the sooner we can evolve towards something better.

tipping tokens will fade from meta as the commons get depleted and options become too diverse and shallow

that is unless someone nails the quality control, but I don't think reputational primitives will arrive in time to save them

tipping tokens are just bottom-up ICOs now

rise fast, get gamed, fall hard, gone

Agree 🤝 
https://warpcast.com/wake/0x237b88fa

It feels like they are the new ICO mechanic for this cycle. As long as there is fresh liquidity to speculate, the tipping meta will continue.

co-founder @chaindrop § software engineer § privacy wonk § music head § theoretical memeticist

only because the old world is wretched. i'm not an anarchist; i want full-tilt regenerative economics at the social-network level. and we can't get that without education and a fuck load of real, honest to goodness work.