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https://warpcast.com/~/channel/confessions
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Patricia Lee
@patriciaxlee.eth
I don't fully understand what I'm looking at when I open the search page and wallet. This isn't a criticism of the team's recent updates - just a public confession of my ignorance to all of you who seem to swim through all of this like fish in water. I mostly ignore tokens here - not out of cynicism, but confusion. When I click on token pages, even popular ones like $DEGEN, I struggle to understand what the project actually is. (The bottom of the $DEGEN page says "No casts about this token yet.") After a few months on Farcaster, I feel I'm missing out on an interesting way to support interesting projects - beyond donating via Crowdfund. The terms I'm seeing blend together in my eyes: "app coins, "memecoins", "creator coins", "streamer coins" and things just called "coins." Plus "scam coins" flagged by the community. This cast is not a request for trading tips. I'm looking for your personal perspectives or reading recommendations to understand what drives this activity everyone seems so fluent in and what makes Farcaster a special place to do it. What motivates you to buy tokens here? I'm having a boomer moment and want to overcome it. Thank you.
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Catch0x22
@catch0x22.eth
$degen is similar to doge in that the early distribution is from people genuinely sharing out of the goodness of their heart, so a token page wouldn't do it justice
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Patricia Lee
@patriciaxlee.eth
I see. I’m reading more about it outside of Farcaster from various blog posts. Would be interesting if the token page similarly pulled in writeups about it. https://zerion.io/blog/the-true-history-of-degen/
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