There are 7 clones of Degen and zero clones of Farcaster

what does that tell us?

Here‘s my answer

https://twitter.com/timdaub/status/1787092474420187355

I don't know why you're so surprised. Can you name one project that succeeded without incentives?

also, don't put all those tokens in the same basket, as those three have different contexts

building checkr.social | writing tomu.xyz | nf.td/tomu

What are Farcaster‘s financial incentives?

I was talking about the memecoins you mentioned, not farcaster the protocol 

but in warpcast you do have a passive financial incentives, which is getting these tokens based on your contributions (casts)

I think it'd, however, be wrong to admit your criticism of my post, namely that all projects need incentives. This is most likely true, but the token incentives of Ethereum function well, and those of Degen and other tipping tokens... they don't

agree! my reply was focused on your twitter post 

I'd also say, farcaster is one of the fews that made it possible without incentives in this space

I mentioned Farcaster because it succeeded without financial incentives (even before Degen)