progressive token utility and value accrual. | yashhsm on Binance Square

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progressive token utility and value accrual.

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more tokens. more markets. more platforms. more user wallets. repeat.

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i think @farcaster_xyz should double down on solana and speculation: a combination of wallet (financial) + feed (social) is powerful — particularly for something like memecoins, which is inherently financial + social. for instance, memecoins (or any tokens) are as valuable as how can they shilled/shared with a narrative in alpha chats. there’s an inherent flywheel of social (alpha) + financial (number go up). while base x farcaster has been fairly decent so far, but let’s be honest: base has much lesser capital velocity (speculation) than solana. for builders: build miniapps which leverages both a user’s wallet (money) and social (virality) and have a flywheel (social -> financial -> social) in your products and monetise via fees at every step. you can build most socialfi ideas very fast on farcaster and monetise from day 1 — just kept it v simple: iterate and kill, if it doesn’t work. for farcaster: embrace tokenisation of everything from casts to profiles to memes to even miniapps (icm)! no one here wants to use a worse version of twitter, everyone is here to speculate and have fun with friends. dm @ljxie if you’re building on solana x farcaster — we also have a solana farcaster builders group.

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one thing I've learned in consumer crypto: just launch a broken product with embedded speculation and let the magic happen. no one really cares about the use case or what it solves— only the illusion that a user will make money matters.

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solana needs more liquid funds (ideally with public holdings and investment thesis) for ‘internet capital markets’ to truly take shape.

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what’s new in crypto social or socialfi? shill some coolest experiments and apps!

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