Filipe Macedo on Farcaster

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

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Filipe Macedo pfp

project coins: bullish or not? curious about: 1. what “project coin” means to you? 2. how you see it helping builders? i’ve been experimenting with ways to support builders for 4+ years, and this new narrative feels promising two that i noticed so far: → gitfish.dev = coins for GitHub repos → believe.app = coins for project ideas any other interesting takes? would love to hear your thoughts @jessepollak @limone.eth @pcbo @tldr @carlos @alvesjtiago.eth @dylsteck.eth @kompreni @jx @jpren.eth @phil

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kompreni 🚂 pfp

I use a more narrow term called appcoins 1. Users = Owners 2. Trading fees = revenue; alternative to raising

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limone.eth 🍋 pfp

limone.eth 🍋

lately i’ve been following Mark Pincus (Zynga) “proven, better, new” framework, making small tweaks / innovations to existing products / ideas to create something new tokens are far too disruptive to me, and often do harm a product experience with misaligned incentives rather than improving it happy to see others experimenting with coins though i see their potential in: 1) sharing project upside with users 2) creating incentives for users 3) early capital aggregation (safe bootstrapping) 4) marketing where 2) & 4) sometimes can fake product metrics and move you towards bad product decision 3) is the most interesting to me, as i’ve been boostrapping for 3 yrs now at the same time, so far i never got to a point where having a coin was necessary for a project launch / success overall i feel like products without a coin are healtier proud to see /farville thriving without one, at the same time there’s lot of hard work to make it sustainable without one :)

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pcbo.base.eth pfp

love experimentation in this space, I think time is also right because VCs are having a hard time raising too. imo the main issue is proving at scale who’s working a given project, because we’ve seen time and time again bad actors taking advantage… two worthy mentions that could use some tokenization is Echo and Legion…

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Tiago pfp

@alvesjtiago.eth

late to this discussion but I truly believe new business models will emerge to compete with the current default subscription models. on the other hand: the volatility, misaligned incentives and short term thinking around coins make them hard to become a long term sustainable source of income for developers / teams (in my opinion). I'm still hopeful there's a way to solve the issues above while keeping it simple to explain like a subscription model. what have you seen so far?

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jp 🎩🚢 pfp

same same but different

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Jack Spallone pfp

One interesting thing I think we can do with @memoryprotocol.eth is pay ppl for showing up. If an app uses the memory social graph and queries a user, they can get a rev share of that api call + a project’s token

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carlos pfp

my 2 cents i like coins but i believe not all content should be coined.

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Chomu pfp

1. Project coins are a manifestation of “tokenization of digital markets”, 2. All your digital work can now be potentially monetized via speculation rather than just relying on ads

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Andrew pfp

These are cool solutions!! I really like these ideas!

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KMac pfp

revnet.eth.sucks

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Rod Mamin pfp

Coin it https://zora.co/coin/base:0xaa7c3988fc590a55617b5a83ddf4d1aa2aa030e2

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