Farcaster

Why crypto had huge adoption on things like farming/trading/degening/meme/worthlessjpegs/shitcoins and stuff?

Could it be that the chain is pretty damn expensive, that the few genuine/sustainable/organic use cases that we have, must give tremendous returns for it to make sense to use it today. People ain't stupid

chain rewards the curious | initial contributor at @interface | /interface /wijuwiju /walkthewalk | online at app.interface.social/wijuwiju.eth

"Buy this and you will get more money" is the easiest and most universal value proposition.

Much harder to do something else, esp given the costs of onchain actions as you said

It’s simpler than that and doesn’t have anything to do with fees

We’ve never had a global casino before and turns out, gambling is a very desirable form of coordination

farming and trading parts are primitives, and were needed. a couple of years ago, we could not even trade directly between to tokens without swapping them into the native coins first.

yet, you are partially right since liquidity has evaporated and incentives for builders with alt accounts is a must.