my biggest position is now $bracky

“hey basil, i made $100 on my post!” > no, not yet you didn’t. you still have to dump the token on the very people who bid up your work in the first place trying to “collect it.” “what? so they have to lose money in order for me to make any? couldn’t i just charge them $5 each? then they’d know what they’re getting & at what price? how much money can they lose?” > they will likely lose every single dollar invested if you pull out $100. “so what am i supposed to do? can i pull out $50?” > yeah, but it will likely cause anyone paying attention to pull out, causing the token to crash either way. “so my collectors are bound to lose money while savvy traders who don’t even care about my work make money?” > yes. “this doesn’t make any sense. my collectors are not dumb… they won’t bid on my next work if they know they’re going to lose money on it. and for what? a token? they don’t want that? they want the art in the post.” > welcome to crypto. $zora innit

on the market rn & where it's heading, and questions to ask if youre a dev looking to tokenize

one look at $noice shows just how brutal base rotations can be at launch, thin liquidity pushed the token to $17m. it then unwound to about $2m, even though the fundamentals—pending airdrop, solid onchain numbers & a highly competent & active team—never changed that same foundation is why capital is flowing back in now: polished marketing, a flexible roadmap, aggressive bd & consistent communication the only real shift was price; the story & team largely stayed the same, if anything gaining stronger alignment as the token reset—bullish look for teams that are listening to their holderbases, aligning with their ecosystems & strategizing against current market needs & wants that’s the pattern across base: find teams like that that keep shipping, accumulate when rotations knock the price down, and let time do the rest

lfg i can’t wait to whip this bad boy out on a first (and probably last) date

attention: @deLeyritzluc has clanked

gm

just explained grey areas & ponzinomics to my dad while he questioned if jail was in my near future

bet on better systems

as a self-described flywheel maxi, i’m encouraged by the recent wave of discussion & experimentation. one glance at token performance over the last two cycles makes the gap clear: without working flywheels, valuations in smaller ecosystems, such as farcaster, can’t hold for long flywheels don’t matter much in periods of disconnected exuberance; hype & fomo push prices to frothy highs, only to collapse just as quickly. when that air comes out, a functioning flywheel keeps your token valuation from falling 95%. without one—or at least a credible plan to build one—liquidity migration is incentivized elsewhere & the token is dismissed as intrinsically worthless, only good for short-term trading in times of euphoria flywheels aren’t magic. they won’t spike your chart like a well-timed memecoin, but they will support a more reasonable floor once the tourists leave. investors who understand the mechanism accumulate on dips because they expect the wheel to repay them over time. you’re effectively buying loyalty & creating a race toward deeper alignment among your biggest supporters getting a wheel spinning usually requires two ingredients: distribution & recurring revenue. without users, the wheel never gains momentum; without steady revenue, it can’t complete a full cycle back to step one that raises a practical question for farcaster projects: how do you secure distribution in a relatively small network? unless you have 20k twitter followers, or an exclusive with a major dex or big partner, the most reliable path is alignment with existing ecosystem leaders from there, once distribution is in place, you can iterate—talk to users, integrate the token into the product, identify pain points, and refine mimetic growth loops when the numbers work, you flip the switch on revenue. model cash flows: how much covers six months? two years? can excess be reinvested into product & token buybacks or burns? then work to stabilize that revenue—subscriptions, gamification, anything that anchors predictable monthly inflows finally, the wheel can now compound: holders become users, users become revenue, revenue rewards loyalists & grows the holder base, and the cycle accelerates