@juli

Glad to see @barmstrong & co are aware of app coins. It's one of the best ways to start a fun project, as well as a big economy by demonstrating pmf with a small product, penetrating a niche, growing hardcore users & supporters and then growing the scope. Today, most app builders target the same users but I look forward to them becoming a top growth driver - as literally everyone can spin up a miniapp today (for crypto users, farcasters, entertainment, maybe one you'd like to use?), promote it to friends & unique audiences AND have breakout success: Most only for a moment like many attention games, attention coins (contentcoins, memecoins, etc.), but Base/Farcaster, top ecosystem startups & economies will profit long-term. @jake words this well with momentcoins, and the forevercoin $QR making the object of attention dynamic and getting recurring attention (+ revenues). The term "appcoins" may be limiting some adopters with a big vision but the hobbyists, real product builders & some idealists convinced of going bigger by doing the right thing will value early experimentation, organic cap (table) building and consistent growth. There will still be boom & busts - which is the normal way for startups - but nobody - except some farmers, short-term motivated founders & investors - needs a 100x overhyped listing price & constant sell pressure. At best, the hyped launch gives you some runway, incentive budget & quick cashout. At worst aka usually it makes pmf unrecognizable, demotivates contributors and investors. When the market isn't booming, you may as well try hard things, things that don't scale, build a strong base to reap bigger rewards long-term with a killer product, large & happy user base, and a supportive investor community. Ofc some capital investment & a smart cap table allocation is important for top founders & startups who need runway, growth budgets, some financial flexibility but limitations also lead to creative solutions. Base/Farcaster has not yet attracted a lot of onchain early stage risk capital but there is enough to get started (> Get 1-10mio mcap + Clanker Fees). More crypto pockets (Ethereum, Solana) will show up with early success stories & maybe Base/Farcaster will want some exposure to the best builders, the breakout app(coin)s, add important early stage growth capital (10m-100m) and help startups level up and target many more people.

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