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BrixBountyFarm 🎩
@brixbounty
Okay putting in ~15 hour days as harvest season ramps up, I really haven’t spent much time looking at $noice from an investment standpoint. Would someone lay out the bull case for me? and perhaps another lay out a bear case? ty very much.
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matthewb
@matthewb
bull case: - feels like this season’s degen moment, FC heating up alongside - in-feed tipping is smooth and easy, no added cognitive load with comments, actions etc. - supports any token → distribution mechanism teams can use to grow and reward their community - ticker is good, great memetic potential - future X integration will expand audience beyond farcaster niche bear case: - if airdrop is sufficiently sybil’d, distro could be bad. good distro is what made degen great, very important. - all eyes on retention post-airdrop, will volume and # users die off? - how (if at all) does value accrue to the noice token? - micro-payments are notoriously unsustainable business models, unclear revenue model at present - similar functionality could be added to the farcaster app itself
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BrixBountyFarm 🎩
@brixbounty
Thanks for these - some solid bull cases, and could see this becoming an “advertising” token of sorts for projects to gain mind share. yeah wasn’t clear beyond memetics what the value of holding the token is - and admittedly beyond short term trading I am interested in builder type tokens. tbh probably feeling a bit of PTSD from moxie losses X with busy season a higher risk for me to accumulate, cause if things change quickly I don’t have mind space for navigating choppy waters when I’m minimally focused onchain.
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