1. if farcaster had a protocol coin, 

2. where do you think it'd stand in terms of mc? 

3. in absence of the official one, which coin do you think is the closest cultural representation of it? 

4. if you were to create one, what would it be like?

🍌 @revealcam | playing around onchain: @alfaca @offmarket @perl | vc warm intros | fid #539

would likely need to launch >1B for investors to exit, so chart would probably end up looking like zora and settle ~100-200M.

degen is probably the closest proxy asset for the FC ecosystem, but doesn’t really line up with the prevailing culture imo.

Farcaster-native research: https://paragraph.xyz/@matthewb | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

I honestly think there is far more potential for Farcaster than people think, given the fact that anyone can make products on it. I would go as far as say it should be a multiple of Reddit.

I have to drag out the video but I'm 100% sure Farcaster probably has a customer lifetime earnings that's higher than Reddit. Reddit only earns something like $2 per user. Its crazy to think but pro probably generated more dollars per user than Reddit.

I would value farcaster would settle at at least 2x Reddit ($50B) if momentum keeps growing.

True. Yeah a launch of $1-2B wouldn't be terrible.

I think pro sub's are a great experiment but I'm sure the team is thinking about expanding on this momentum.

It would be wild if we see 10x user growth in 1 year, and they do a launch at $5B valuation for a $100-200M ICO, sprinkling in a little airdrop for everyone. You make your users rich and they will stick with you and never sell.

Farcaster could be the Hyperliquid of 2026, and probably is worth more imho.

I completely agree with the potential you’re describing. the valuations I outlined above are assuming that a hypothetical token was launched right now in current market conditions.