@nicefood
One Week After BaseApp Launch
There are two platforms that have directly benefited and you shouldn't ignore them when writing about the Base ecosystem
Farcaster is the surface
It’s the social layer integrated directly into BaseApp
Zora is the depth
It supports tokenized posts that can be bought and sold allowing creators to earn directly from their content
Zora has raised 60M at a 600M valuation and its token $ZORA has 4x shortly after the BaseApp launch
Farcaster raised 180M at a 1B valuation it doesn’t have a token yet but its NFT collection already holds an FDV of over 1M
If Farcaster airdrops just 0.5-1% of the total supply to NFT holders current NFT prices are still extremely undervalued
So what do you think is it already expensive or still too cheap?