Jacek.degen.eth 🎩 on Farcaster

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https://warpcast.com/~/channel/degentokenbase

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

1/5 On Base, we’re the 3rd largest token by wallet holders, trailing only USDC and WETH. Our recent distribution round has placed Degen in the hands and minds of nearly everyone on Base, and our reach extends beyond. The question now is: how do we build value for Degen holders?

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Jacek.degen.eth 🎩

2/5 Should our goal be to find effective and legal ways to earn revenue and redistribute value to token holders, making Degen integral to amazing products, games, social dApps, and more?

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Jacek.degen.eth 🎩

3/5 Do we acquire valuable companies? Or should we incentivize and give grants to top builders in Web3 or even Web2? Perhaps building our own great product, like Blur, Uniswap, or Warpcaster, with massive potential is the way to go.

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Jacek.degen.eth 🎩

4/5 Is being a meme and focusing on community building where our true value lies? Is this what attracts long-term $DEGEN holders? Maybe a combination of all these elements is the answer.

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aerique pfp

I like this also because I'm in the target group. I'd love to open-source the "Trillian of social media" I'm working on instead of finding investors. It's starting to take too much time to work on besides a full-time job and family. I'm 50+ with kids and a mortgage so it's just not viable anymore to just throw it out there. Besides that it would be cool if you guys were foundational in the development and financing of freedom and privacy enhancing software like @cassie's Quillibrium, Sarah-Jami Lewis' Cwcth, Signal, etc. (Also do not forget charity!) https://warpcast.com/aerique.eth/0xd5a89884

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ryan pfp

@ryanrodenbaugh.eth

Maybe less about giving grants to devs as helping to promote them w/ real users or TVL/volumes, etc. Blast did have their grant competition w/ voting from VCs, angels, "KOLs", etc. and I think that worked well for them.

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milan (back on X)

yeah, we should aquire warpcast or at least get a stake in it.

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Eddie Wharton pfp

Building or investing in industry leading companies is a very difficult skill — no one is likely to casually do it well while doing other complex things Focused grants to make Degen a de facto currency of social builders (drakula) is less difficult and relates to other ideas

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bigmike🎩🔵↑ pfp

bigmike🎩🔵↑

@thepizzacompany.eth

Building your own product. Having an app that uses $DEGEN is a long term plan that will create the next leg up

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oxdev.base.eth 🎩🔵Ⓜ️ pfp

oxdev.base.eth 🎩🔵Ⓜ️

I think incentivizing and giving grants to builders on web2/3 is the best option, we can use this to drive more values to the project, coupled with maybe one other option

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