batoothedog pfp
batoothedog
@batoothedog
Short view about the @farcaster At the first time, thought it was a mere copycat of X and could end up like web3 social projects such as friend.tech. But having used farcaster ever since, I came to think that this service provides very unique value to community and web 3 projects. 1. It operates on chain basis, thereby eliminating unnecessary procedure that had to be done on X. 2. It’s super fast (difficult to recognize it’s on chain based). 3. It provides other Web 3 features like trading and minting NFTs, which gives an edge to X. given that the twitter was acquired at $44b valuation in the Elon musk deal, think @farcaster could comfortably target $2-3b on it’s TGE.
0 reply
0 recast
0 reaction