Mostafa

@mostafa227

12 Following

12 Followers

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https://farpower.vercel.app/?ref=1084597

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Eid Mubarak boss ❤️❤️

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Dan Romero pfp

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The fundamental problem to solve for with personal tokens / creator coins / etc. is the psychological effect of a significant price decline. 1. Most people are not equipped to manage a liquid, global, 24/7 traded asset. 2. Current norms are that if someone buys an asset, they expect the person / team / organization behind that asset are incentivized long-term to make that asset more valuable. 3. When there's a significant price decline, many / most creators will be overwhelmed by the hole they now need to dig themselves out of. Layer on a bunch of angry, pseudonymous people screaming at them on the internet. 4. Additionally, what happens when you want to stop creating? Like Outdoor Boys recently did. Contrast to a publicly traded company where the founder retires—the value still continues to accrue. Possible ways to change this 1. Invent a new asset that's time bound. Closer to a prediction market or an option. "I'm speculating on X during period Y." 2. Change norms / culture -- this is super slow.

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Very nice LFG 💜🫶

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Some updates don't worry

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@farcasteradmin.eth

when was the last time you saw a memecoin chart looking like this? only at precoin.fun

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Done, sir 🫡🫡

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PSA Warpcast -> Farcaster rebrand will start late tonight Pacific time. Will finish tomorrow morning Pacific time and we will announce when it’s complete. No action required on your part. Should be smooth but there may be a few brief hiccups!

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If you can't hold you will not be Rich 🔮 CZ

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