GM Farcaster ep207 Monday January 27 2025
Aired Date
January 27, 2025
Hosts
Series
GM Farcaster
Episode
ep207
Watch on YouTube
https://youtu.be/iiU-YPL4em8Yo this yo that OY VEY Oiiii Oy yi yi Too much yo I can’t keep up @clanker I need an OY token for when I can’t keep up with all the launches around here
GM? Everybody hang on!
29 Seconds of Farcaster....What did you miss this weekend? Coinbase to revisit listing policies, which some read as [insert coin of choice] to the moon. @afrochicks called out crypto for its 'we don't explain it, but at least it's hard to use' policy & @toadyhawk.eth & @jackwyldes.eth committed to a banger video with answers full of $MUST & $ACHE. 〰️ @dwr.eth continued his newly adopted CMO role w/ outreach & onboarding energy. @adrienne gave us interesting crypto demographics from a yoga retreat--tl;dr 'we are early.' Saturday was a good day of content, instead of the typical drip of memes & frames--s/o @jacy @danicaswanson @les. And @billzh released @tribedotrun making a Solona statement on FC. I don't know much, but hear the UI is 'wild' & 'fun.' You are now at least as caught up as @adrienne & @nounishprof who were galavanting around (separately) on vacation. Go hang out with them & start the week purple.💜
Abstract goes live today Huge amount of respect for many people on this team, think this is the first chain to say they are "consumer first" and actually mean it From their curated GTM, full stack user experience and how they are bootstrapping content liquidity by making streaming a core pillar of the ecosystem I'm excite - so made a channel to yap about it in /absxyz
Buoy coming to a frame near you 👀
A month or so after clanker launched I was looking at a term sheet in my inbox. It was more money than I’d ever made and every part of me wanted it. I wanted it sooo bad, but I also knew deep down that all the stuff that had come easy would go easy too, and that the bigger challenge was going to be much more meaningful and would play out over longer time frames. only a long series of pretty quiet choices could ever assemble themselves into what I wanted. That last thing we needed in that moment was funding, we need to clarify our vision! To know what we were building beyond an experiment. If you’re building a career in the hot potato industry, probably good to buy a slow cooker. I do think it’s a lot easier to do this once you’ve secured some measure of financial security. Without it, the siren song is loud. Anyway, we said no. And now all the most impactful decisions we’re making are mostly things we don’t talk at all about publicly (yet). The feed lies to you, resist it
This whole $Trump coin thing has been an educational process; now we know that the base to solana back to base round-trip takes approximately one calendar week
i now live in an area with almost 0 tech people and talk to my neighbors tech bubble is real, people don't know even 1% of what we here are talking about
DeepSeek being so high on the App Store top downloads list is definitely games. It's very unlikely that enough folks know what it is or even care to download it if they already have ChatGPT
this may not be obvious since it's on solana, but we applied everything we learned at Farcaster to this app
think this sucks and you can do better? record yourself onboarding 5 people on the street (use onchaingift.com) and share it here, farcaster, TikTok, and instagram I'll give $100 in USDC to the 10 videos that go the most viral
Can anyone guess what this small hole filled with water, in the center of a fort built in the 1600s on an island just off the coast of Colombia was used for?
Throw back to last month when @billzh visited us on /gmfarcaster to talk about tribe.run and solana and farcaster 🤗 Our discussion with him starts at around 21 minute mark: https://youtu.be/qd9hkjOUp3c?si=Y9P7a237k_t0XQNq
introducing yo protocol $YO CA 0xb55bfc6e66a1b81bf0a92fb177a13e2e54e118e1 on base - total supply 1b - 20% for one-sided LP (will lock soon) - 80% for future community incentives or will be burned if i don't come up with a suitable use case in the frame you can now Super YO ($YO) your contacts - enter $YO mode by pressing the $YO button at the bottom of the screen - a super yo is an onchain transaction that transfers some $YO to the user and emits a yo event - a super yo will always notify the user - the amount that a super yo transfers can be changed by the contract owner - there is a fee switch that can be turned on but will remain off for now $YO is an experiment. please play responsibly and don't cry to me if the price goes down also kinda testing some stuff in prod so bear with me if things aren't working
Farcaster getting Solana app alpha: @salvino with Yapster @billzh with @tribedotrun
If I had to bet: 1. Coinbase dot com website / app custodial service starts to allow buys for assets onchain. No need to deal with traditional wallet app UX (which is massively confusing for normies). Coinbase major advantages: - 100M KYC customers with fiat payment method - ability to front $25K buys from a bank account with high reliability (try doing that with Moonpay) - UX of showing a single price with no confusing slippage and other consumer hostile UX to trade Robinhood will likely follow. Cash App leaving massive $$$ on the table because Jack is a BTC maxi. 2. Big assets will still get “listed” for the offchain CLOB exchange (because the institutions use that and its 100% counterparty KYC). But that will eventually all move onchain as tech / perf of blockchains improves.
What are your biggest complaints about Warpcast Rewards? We're planning to increase the reward pool soon and improve the algo shortly
it's kind of wild how quickly narratives shift in this space. just a month ago, everyone was bull posting Base and the Virtuals eco and Clankers were unstoppable. now Solana is all the rage again: - TRUMP sucked all liquidity back to the chain and coins like VINE & MOBY have top mindshare - Virtuals is expanding there - Jup bought Moonshot - SOL ETF apps even Base builders are migrating / going cross-chain and the hottest SocialFi apps are born there: DEGEN, Yapster, Vector ... the list goes on. by next week, Abstract will be sucking all the air out of the room. my folder of AL for projects has moved to the top of my discords and i can't keep up with the pings. metas shift at light speed in this space. i still love Base, but am positioning my bags and my focus accordingly. way too easy to get left behind in a bull market if you aren't skating to where the puck is going.
Official Farcaster alpha ranking (where you'll find out first) 1. Follow /fc-updates /farcaster channels 2. Follow Telegram channel: https://t.me/farcasterxyz 3. Follow X / Twitter: http://x.com/farcaster_xyz
Crypto exposure across the 19 women on the yoga retreat I’m on: One is neighbors with someone who owns a “mining” company One is married to someone who runs a private equality crypto firm One has a kid who goes to school with “crypto boy” aka thanks for the 20 bandos kids No one has a crypto wallet
guys i have been in crypto for 3 years and things are still TOO complicated please let me test your products and give honest feedback on how to make it at least sound simpler cos i have an actual crypro use case which i know your products can solve but im tired of feeling stupid all the time here 😭
> everybody on CT talking about @jesse.base.eth’s video short giving out 50 USDC on the street, saying it’s “cringe” >> everybody on CT talking about @jesse.base.eth’s video short giving out 50 USDC on the street >>> everybody on CT talking about @jesse.base.eth’s video >>>> everybody on CT talking
I love this, but there’s no way some of these people aren’t sprinting into their homes saying “some crazy bald man wanted to chain me up out there.”
The hat stays on 🎩 (when in Nashville, it’s a lavender cowboy hat)
excuse me ma'am, do you have a minute to get onchain?
career wise i think i'm a bit cooked on delayed gratification psychologically, esp. of the variety of like working/iterating on a startup for multiple years in stealth and/or without traction. not sure if i'm capable of doing that, but to an extent the ability to do that is what is required for outsized success would posit this is somewhat consistent in the "brain" of our generation, esp with startup / build-in-public / twitter founder "cracked" culture becoming so widespread, it is v contrarian and perhaps psychologically difficult to quitely grind and stay focused for years on something you believe in. think many founders currently in 20s prob compensate for this by getting validation via attention, while they wait for validation via market (the real thing). shayne coplan good exception imo.

