David Hurley pfp

David Hurley

@hurls

569 Following
2886 Followers


timdaub pfp
timdaub
@timdaub.eth
My Farcaster app coin thesis Idea: Invest small amounts in the low cap app coins of your Farcaster friends It is commonly understood that VCs return the fund usually with one or two of their investments while all other assets in the fund go to zero. This makes intuitively sense if you know that 90% of all startups fail, which means that you really have to manage to invest in the 10% of startups which return your fund. One strategy which I have observed VCs employ is a sort of spray-and-pray where you seize the opportunity in the market through investing in a thesis that generates a lower bound threshold which triggers the investment. Simply put: what are the points that make you go, „oh wow, this is potentially a really promising project!?“ In the last sub-cycle, six months ago, I was pissed at the market. I felt as if VCs had privatized price discovery of the legit projects, offering them at inflated levels to retail, while at the same time meme coins were trading at absurd valuations, leaving me as more of a value investor in the dust as I couldn't figure out in which meme coin to invest in. But now it seems as if the tide has finally turned with a lot of builders having launched app coins trading at small evaluations launching reasonably useful products which I can inspect and judge out in the open. A dream which I had a long time ago now suddenly feels like becoming a reality as there are numerous app coins from people who I have followed for years on Farcaster who I've become friends with whose apps are decent and whose coins seem reasonably priced for what they're doing. It feels as if, using a few elegant criteria, I can now invest between $50 and $200 per project into actual things that may have a fundamental value at last, and where there is a good chance that while 90% may fail, one or two projects could return the entire investment. So this is my app coin thesis for this sub-cycle, which consists of investing small amounts of money into a lot of projects started by friends or people who I have followed here or on CT in the hope that some of them will become huge breakout successes. A few criteria that seem useful to me: 1 The app has some utility that goes beyond the usual crypto circle jerk. Meaning, what the entrepreneur tries is to establish and implement net new consumer behavior. 2 The coin has not been passed around yet to the usual suspects of investors who will unreasonably inflate a project's value proposition to sell it to some greater fool. Instead, I am looking for projects who have somewhat ghost-launched their token and they are still actively trying to find product market fit for the app that they are building. 3 The project's main value accrual thesis is that a great app will catapult the token value to higher highs. The product works decently well. And it is clear that a main focus of the project is to improve the product. 4 The founders are known personally to me, meaning I know them as fully doxxed and I have seen them at conferences or I've known them or seen them engage on FC for quite some time. They have a reputation to lose. With these few simple criteria, I hope to invest a small amount of money from now on and over the next few months in the hope that I will see some breakout successes like Zora, which was very reasonably valued at 27 million USD market cap just weeks ago but is now probably going to be valued at the same level as other popular memecoin launchpads who have had their price discovery done more privately. For me, this is really a huge dream come true. I am just a software developer. I am not part of a cabal. I don't want to sell my soul. I generally value my freedom to speak my mind higher than improving my net worth. I was never born into family wealth or as part of a socially influential class. Which means, for most of my time in crypto, I haven't had the education, the connections, or the money. And for sure not the accessibility to make such investments. But now I feel as if this is a unique chance of making really great investments into products that I believe in. I would love to see this cohort of Farcaster-builders setting an example in accessibility to potentially really great investments beyond just last sub-cycle's 6-month short-term optimization. For me, crypto-consumer apps have a life-cycle length far beyond that. And if this thesis of investing in crypto-apps turns out to be correct, I would love to have witnessed us being able to allocate capital in the next Facebook or Amazon, but without the necessity of being part of some unnecessary cabals. The apps which have launched their AppCoins make me hopeful that this future is already here, and that it is just not equally distributed yet. Here’s to hope! See you in the app coin trenches!
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David Hurley pfp
David Hurley
@hurls
I just claimed 5.554 DAU for my daily reward on @dau
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Brian Flynn pfp
Brian Flynn
@flynn.eth
We have a new feature we're launching for @dau where you simply get paid in $dau for showing up each day. We're doing this for a few reasons: 1. We want to be rewarding people even before they complete tasks so we can start covering their transaction costs to complete tasks 2. We want to reward users who earn their DAU status each day 3. We want to reward potentially valuable users who have not completed tasks yet We see this as a daily airdrop mechanic. You get paid each day no matter what, but the value is determined by your value to DAU and the ecosystem. Each day has a limited budget and we're carefully monitoring to make sure it's hard for sybils to take advantage. Should be live in the next 24 hours!
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myk.eth pfp
myk.eth
@myk
Log a Dog won 2nd Place in the Encode Club @zora coinathon! Shout out to all of the amazing projects that participated!! There is plenty of competition left in Season 2 so if this is your first time hearing about Log a Dog, get out there and log your dogs! 🌭
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David Hurley pfp
David Hurley
@hurls
Cursor with claude-4-sonnet max Cursor bugbot for code reviews Claude is powerful upfront and Bugbot reviews keep it in check
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Zinger pfp
Zinger
@zinger
Engineers: what's your current workflow for building with AI tools? Which tools and models are you using? Specifically looking to hear from folks who actually know how to code, not vibe coders (no hate, just different dynamics)
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David Hurley pfp
David Hurley
@hurls
this is my bad, still working through things. Apologies @insidethesim.eth will DM you when I figure it out
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nick pfp
nick
@nickysap
bidding > tipping
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DAILY ACTIVE USER pfp
DAILY ACTIVE USER
@dau
today’s a beautiful day to put $DAU in the hands of DAUs. are you ready to be the first to earn $DAU rewards? we're tipping $DAU so tag a friend who should join you. recast to spread the word. it pays to be a DAU
48 replies
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212 reactions

limone.eth 🍋 pfp
limone.eth 🍋
@limone.eth
walk n talk miniapp just dropped it’s called yappy 📸 - record up to 60s - upload & process ai captions - share on the feed wanna try the alpha? buy this post and comment with “i love yappying”
17 replies
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Matthew Fox 🌐 pfp
Matthew Fox 🌐
@matthewfox
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David Hurley pfp
David Hurley
@hurls
pretty cool
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David Hurley pfp
David Hurley
@hurls
@0xbhaisaab
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scottrepreneur pfp
scottrepreneur
@scottrepreneur.eth
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seb pfp
seb
@seb
We're gearing up for our upcoming client launch later this month! Ahead of this launch, we made a few very big updates to our beta! You should try it out - trust me. We'd love to get your feedback. We've expanded on our vision of what a native onchain feed should look like, including posts from people you know, trades, NFT purchases and more. Everything can be interacted with. https://testflight.apple.com/join/CTBAvdAz
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Brian Flynn pfp
Brian Flynn
@flynn.eth
appcoins up next
9 replies
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47 reactions

David Hurley pfp
David Hurley
@hurls
I just claimed $noice for using eggs on @dau
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David Hurley pfp
David Hurley
@hurls
Eventually you can do it all from your phone. I think this is what Codex got right but model just isnt as good as Claude.
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Base pfp
Base
@base.base.eth
A new day one is here. Tune in live:
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66 reactions

Dan Romero pfp
Dan Romero
@dwr.eth
Mini apps!
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995 reactions