basil
@itsbasil
fc coins getting rekt as daus dwindle & ct dances around a tba tombstone base pushed zora way too aggressively, integrating a mid-7th pivot platform into an $80b pubco app release at the most fundamental level of usage with zero validation & against a wall of external & thoughtful criticism… it’s unheard of as a result, the two have become inseparable & “base app” has now lost its brand name, barely a year in — but users this & that, see: world fc chose to build against its core tam for over two years & destroyed its public perception in the process; now a token is the only way out base learned nothing from farcasters shortcomings & chose to push creator coins from the very top; now a token is the only way out no one asked farcaster nor base to CREATE net-new creators; this is crypto the long-term sustainability of tba & certainly now fc given the wallet upgrades does NOT depend on net-new creators this is crypto; we’re building crypto apps it doesn’t have to be like this, ya know all both of y’all had to do was build for the devs… they will literally do your job for you; all you need to do is listen & support them
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Nate Maddrey
@nmadd
In hindsight I think the base app launch killed Farcaster’s momentum The forced content coin and “coin it” era was a huge distraction and scared off a lot of people If you look at the data that’s when Farcaster usage rally started to decline and still hasn’t really recovered
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basil
@itsbasil
yep; but gigas on here will tell you they’re not competitors just as it goes with tokens & liquidity, ANY fracturing is DILUTIVE
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