When the sun is too hot, retreat to the forest.
This sums up my feelings about Farcaster.
We've had enormous turbulence over the last year. Some good, some bad. 100% character building.
But the sun is boiling. If we don't seek cover, we'll all get cooked.
We're here and we're not giving up. Loudness will come.
> be me
> 2017
> start a crypto social network
> too early
> work on it for 7 years
> still too early
> sell for scraps
> join farcaster
> ship 5 products with niftytime
> integrate quotient data
> weekly calls w/ jordan
> wife keeps asking "who's jordan"
> "you know, jordan, the data guy"
> 2026
> realize: its never too early for good data
> fly out to cali
> join quotient
> if the sideways trends continue but volatility persists, it should earn passive income in fees
interesting side project. how does it work @epicdylan?
Idea for "creator markets" that can thrive in a post-creator-coin world:
Creator ratings markets.
Each individual has a Prediction-market style 0-100% rating that people can long/short. Unlike event-based prediction markets where there is an end date, there is no resolution here.
The primary issue with todays memecoins and bonding curve pricing is two-fold:
1. There is no native shorting mechanism. Your only option is to sell, which hurts the liquidity of the token. In prediction markets, you can actually short by buying "no." This actually strengthens liquidity in the market, it doesn't hurt it.
2. The search for "higher" is endless. In this model, you max out at 100%. Great, your doing it right, you can stop thinking about how to push the price higher. No more comparing market caps, plus creators and owners now have the freedom to think less about price and more about composability.
On this day, Jan 14, and for years to come, may we celebrate the day the Creator Coin wars were won.
@clanker clank High Quality Assets with Ticker $HQASS and this image
