@jdotfinn
my theory on $NATIVE after thinking it through:
> it's a billion dollar idea hiding behind a website, essentially, as from the outside looking in it appears to be dead to most people ☠️ (see many comments on my casts)
> the scope has changed over the course of the last year, as the 'base onchain economy' is not really setup to onboard the "next billion" in its current shape (heavy creator + content coin focus)
> thus, it went from being a mini app (Dots) living in farcaster + base, to now what I am guessing is basically a full standalone mobile app, creating space for its own independent economy; you can prompt actual mini apps for your Dot (AI Agent) from Native itself (see screenshot), so it connects into the farcaster + base ecosystem, but it's not going to be reliant on it for user onboarding is my guess
> derek going dark on comms is not my favorite strategy, but since we have gone through a bear market - especially for farcaster + base app coins - it doesn't really change much of the outlook; active comms might have us up a few ticks more on the chart
> my prediction is, when it does launch, it has the element of surprise because you think it is dead, but because it is an Agentic economy that allows people to earn and play (not just trade), it will catch a lot of attention in the Base ecosystem and beyond (kind of like $elizaos)
> so it's a $1.7M Market Cap coin that can continue to flounder and gyrate with the market in the absence of any release, but I don't think that $NATIVE is a LARP - I think the product is ready or close to being ready to ship
nfa/dyor/etc