Partner, Research & Investments at Primal Capital
553 Followers
Farcaster is running the real memecoin thesis. $DEGEN did everything perfectly. First, create the memecoin to build the community. Then, let the community support each other. Then, build an L3 so the community can thrive on it. This is how a memecoin thesis works out long term. @jacek @wake
We need a forum discussing problems, not ideas, and a few dedicated builders, investors & contributors implementing an idea. This way, it stays selective, but engagement is bottom-up. This way, you demonstrate new governance models at the local level. Show working examples of what a network state could look like.
I don’t know what this wowow trend is on Farcaster and Im scared to ask as well.
Very clear articulation on the key differences between prover markets and classical transaction fee markets. It’s a good read if you’re interested in the inadequacies of the economics & technical constraints of zk-rollup prover markets. https://arxiv.org/pdf/2404.06495.pdf