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Content
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https://warpcast.com/~/channel/consumercrypto
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Mike🎩 pfp
Mike🎩
@yekim.eth
Thinking out loud: Instead of apps launching a token, why not launch stablecoins unique to their ecosystem? Positives? Negatives?
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basil
@itsbasil
why unique eco stable? why not build on base with usdc: get free usdc transfers, 2-click on/off ramps with insurance, 1-click to pay anywhere (visa, et al), and all the liquidity & familiarity usdc provides?
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Mike🎩 pfp
Mike🎩
@yekim.eth
Maybe more value capture if native, but people raised some downsides. Maybe have a dual token with liquid as well. Idk Just spitballing maybe dumb
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basil pfp
basil
@itsbasil
the real reason not to build with an established pubco stable: > your app actually has to provide value above & beyond speculation >you can no longer raise via token/ico >you have no pool fees or gamed tokennomics/non-operational rev streams >native funds & most others will not fund you because your building a legit app that needs revenue with a way longer payback period >crypto will fade you & endlessly echo “wen token” >web2 users wonder why not just USD & the extra steps >nerds call you web2.5, whatever that means :)
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