@cryptonjal

(IMO) As a social media platform, Farcaster competes with many others. As a wallet, Farcaster competes with many others, but as a web3 portal, Farcaster can distinguish itself from the rest. It can go where other software wallet providers or exchanges can't or won't. Revenue from swaps can reassure investors, but this alone doesn't differentiate it from the competition. In that respect, I think it's no wonder that developer rewards still exist. It will be the flywheel that ensures there will be a relatively high number of swaps even in bear markets.

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