Stephan (stephancill)

Stephan

cypherpunk wannabe | @base

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How to make 20,000 USDC on farcaster in a weekend: 1. Copypasta a nostalgic mainnet onchain NFT collection - remember to make the bg purple and add a 0.001 ETH minting fee 2. Create a mini app that calls the mint function 3. Post about the mini app and potential for NFT composability. Optionally tease a clanker token airdrop 4. Wait for it to mint out 5. Withdraw your ETH 6. Dump it for USDC 🤑

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Still need to do more reflection on the social trading / be early pivot, but one thing is becoming clear: For anyone to be early, someone has to be late. If farcaster originates a bunch of tokens but doesn’t effectively “export” them to be bought by other players then it’s just pvp within Farcaster, which will just siphon liquidity to the best traders / insiders / platforms and deteriorate sentiment over time The alternative scenario is actual growth. App coins (and maybe even creator coins) probably have a better shot at this than memecoins at least. However I don’t think the ecosystem has the patience for longer term plays at the moment - timelines for expected return are shortening, not extending

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