@six
Am coming to the conclusion that Farcaster must natively protocolize one or more of the below:
1. profile and/or cast tokens
2. channel tokens
3. mini app tokens
4. maybe something else but i feel like the above covers everything
main thing is they need to enter the Asset Layer to succeed as a speculative consumer crypto app*, this requires either Asset Issuance or Asset Exchange.
right now the wallet is the bet for Asset Exchange, is best in class imo as a mobile exchange product, and could potentially be a social Vector/Fomo-esque product in addition to just wallet. But imo to really carve out a unique differentiation and create a new category, the protocol must enter Asset Issuance.
*per Dan's framing its either speculation or stablecoins, and seems clear that the team is going for the former, given wallet/trading emphasis. also idek what there is to even do on the stablecoin side for an app/protocol like this one.
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