JR ↑
@jrmr92
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Interestingly, many of these apps can be supercharged with crypto or have some unique crypto selling point but crypto isn’t Front and Center anymore (except Trading ofc - which is always in demand during bullish Trends)
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Who might get a lot of users in crypto? - A crypto social - A Trading wallet - An AI Chat app - A creator platform - A fun game - A prediction market - ? 1. draw interest: tokens, quality content, good app, entertainment, cool people 2. offer day-to-day activity to retain users
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do crypto investors really run 10y scenarios? feels like it
Crypto, more specifically Ethereum, is the business platform that benefits most from lower 10y yields cause it's estimated crypto adoption and activity will come in a few years. If we discount future value less, price should go up most for platforms that have most future upside🫡
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new contribution by @jrmr92! - contribution: $1 - total bid amount: $1032.407276 - link: https://t.co/rEofVLSFeQ - time remaining: 1h 22m 46s - current lead bid: $2013.452464 join bid:
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Video may feel like overload but it’s a top XP on farcaster 1. Check the app & winner from yday, collect a micro-reward 2. Check new submissions, apps, recent winners to find alpha or have fun 3. Promote your own business or support one you like 4. Bid/Pay/Buy on Farcaster
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Which crypto apps have 100s of DAUs? @qrcoindotfun has it on @farcaster_xyz. They improve the app frequently, drive attention to your link, to your project, to your token - often they break out within days/weeks - and get daily attention too. That’s why I check $qr daily.
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What’s the superapp that integrates everything well & why is it @farcaster_xyz? trading, stablecoin transfers, apps, prediction markets..
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When I see a token get a ton of attention and run to a high market cap, only to lose that attention and die, I think about the $QR thesis. A token which redirects attention to something new every day so as to never get old. Every time a token does a 100x after winning one of
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Building a similar business at the same time is weird. Better differentiation is preferable. Fully aligned founders are great, and so are 3rd party contributors that add value to a token while incentivized by token & their own equity. integrity + tracking + value(add) > reinvest
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fine to have both token & equity but distinction should be clear & cross-overs openly communicated in advance. Same incentive mismatch is in trad companies. Founders usually also have a holding company, get salary & optimize personal finance - boards & holders have to do checks.
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Not exactly bullish for $aave (top defi tokens) when main dev (company) diverts revenue, reduces token scope to the protocol. Always gotta watch out for the incentive mismatch between token hodlers and builders - especially when main builders are incentivized by tokens & equity.
Did Aave Labs quietly redirect millions in swap fees away from the DAO treasury? https://t.co/lwXbsbkZPx $Aave delegate @DeFi_EzR3aL just posted some on-chain research. The following thread breaks down his post 🧵 @Marczeller @StaniKulechov @DeFi_EzR3aL
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Transaction fees are a value capture mechanism that hinder adoption. Native token as ecosystem money is a value accrual mechanism that can help startup economies bootstrap. If gdp & usefulness grows but no connection to token, no value accrual, then no reason to invest in it.
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Short-term fee obsession for l1 is weird. If fees are best marketing & enable economy to grow - fair; but over longer timeframes you want accessibility, pay min for security & allocate to loyal builders, growth economies that use your currency (or other value accrual mechanism).
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