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https://warpcast.com/~/channel/venturetothex
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ting.⌐◨-◨ pfp
ting.⌐◨-◨
@ting
community then token -or- token then community -or- ???
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Shira Stember
@shira
App then token for the community
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@ting
a community built around a product, so community then token -or- a product (with no community yet) launches a token simultaneously, so token then community
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Shira Stember
@shira
A community built around a product that then launches a token is ideal but not always feasible. The real opportunity is to find balance and harmony between all 3 (product - token - community).
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@ting
Agree. It's not one size fits all. I'm thinking a playbook with examples of different scenarios (case studies) would be a good starting point for builders. And a flow chart.
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Shira Stember pfp
Shira Stember
@shira
Totally! At farcaster dev day this past friday, @dwr shared a framework about how meme coins, app coins, and ecosystem tokens all serve different roles in the stack: - Meme coins fuel attention and culture - App coins align incentives inside products - Ecosystem tokens power the underlying rails Point being, some meme might graduate into app coins. Some app coins might have a meme moment. It’s less about which comes first and more about recognizing what role something’s playing at any given time. Also, with the FC team acquiring @clanker your playbook idea feels like exactly what early-stage builders (hi, me!) need right now.
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ting.⌐◨-◨ pfp
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@ting
Thank you for sharing this! 💜 I've been thinking about how it's not exactly a chicken-and-egg (what comes first) problem. Build/launch it all simultaneously. It's circular. We're putting together a pilot cohort to build in public together and share the playbook as a community resource for everyone. We'll have more details soon. You should join!
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Shira Stember
@shira
I'd love to join. How?
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