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Ace
@ace
1. if farcaster had a protocol coin, 2. where do you think it'd stand in terms of mc? 3. in absence of the official one, which coin do you think is the closest cultural representation of it? 4. if you were to create one, what would it be like?
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matthewb pfp
matthewb
@matthewb
would likely need to launch >1B for investors to exit, so chart would probably end up looking like zora and settle ~100-200M. degen is probably the closest proxy asset for the FC ecosystem, but doesnโ€™t really line up with the prevailing culture imo.
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Ace
@ace
I was thinking degen still feels like the origin coin
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matthewb pfp
matthewb
@matthewb
agreed yeah. the lore is great and it has good distribution, but I wouldnโ€™t describe FC culture as degen whatsoever so there is some disconnect there on the surface at least.
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