20384
basil

@itsbasil #20384

yappin in /midwits & creating idle rpg /animarising
25584 Follower 840 Following
an absolute banger from the drafts

respek the egg
bad communication kills projects

as a founder or leader, you need to take accountability for your actions

if you lean into tokens, you must understand their zero sum nature, you must understand what it means to mention them in any capacity

at a bare minimum, hire comms on a one-off contract & let them conduct a pre-lunch audit

if you cast or tweet about a token that was incubated inside your project, you are associating yourself indefinitely with that team & token—whatever happens to that token now shines on you

if you tag a token in any pre-lunch materials & people buy up scams thinking it’s that tagged token—that’s on you

if you’re unsure whether or not you, as the project leader, is going to wholeheartedly embrace a token as THE project token—do not talk about it at all

having “fun” or not, spurring speculation purely for hype or engagement is irresponsible as a founder

seeing this far too often

protect your users or lose em

all you have is trust; don’t take that lightly
unsure if new chain launches every week, extracted to zero in the following, and day 1 cb listings with zero insider lock-ups are bull market tings or leading bera

bls consolidate, crime szn got us tired
i think the goal is to become rich enough to hire a dedicated 10x pocket quant for like $450k a year to build my models & run simulations all day
wallet is super crispy; only wonder to what extent this cannibalizes frame function

i think there is a case to be made to move morpho vault & degen tipping stats directly inside the wallet—ie. streamed yield & other daily rewards—the things where number go up daily (see: rainbow/clanker)

whereas frames will be reserved for apps that require interaction beyond simply “checking”—eg. paragraph, games, shopping

i think the last thing we want to do is have duplicative use case, which would require devs to choose one or both—ultimately confusing the end user

there is a way to use the embedded wallet to differentiate the ux, but to what end, when rainbow has leaned in, cbw is integrating the feed, and other apps such as interface, bolide, castmoney, clankermon, etc., already offer much of the same

so the question becomes what can the wallet uniquely do that improves ux, doesn’t cannibalize builders here & isn’t simply another place to go to watch eth die
wait… you guys went to college?
kill this egregious meme shitcoin meta

we used to have class in our grifts

we used to reference game theory & other academic notions

we used to write whitepapers with made up terminologies

we used to bury normies in quasi sophistication

we used to at least pretend we were right curve

its time we retvrn to ponzu
lost $25k on $proxy; i told y'all to buy it so i let y'all out a head of me... actually at this point might just hold it... 500k mc...tho think its just dead at this point, no update in over a month

y'all were right to get out while you could; mb for pushing back; still confused as to why that couldn't have been communicated from the top a month or two ago... really no need to generate speculative hype & kick the can down the road esp with regard to your earliest & truest supporters...

no shame in simple saying: "trade out"; beating around the bush & letting your holders bleed unnecessarily spurs distrust, specifically about future projects that are communicated in the same vein... cough cough, bark bark...

there is no real concern; no one is getting flagged; there is a criminal in the whitehouse; we must take care of our homies

still have only love for my boy; but damn, that was an unnecessary great deal of pain for the day ones; tho no one to blame but myself; still, we gotta do better with comms
holey moley, we’re ported to ios

public testflight in next few weeks

in this moment, i am euphoric
“we’re leaning into gaming to onboard the next billion users”

lets calm down now, friend. perhaps we should start with 10,000 concurrent players—which would put you ahead of virtually every other web3 gaming project on the market & would render you a top 3 success in the industry—especially if they are real humans, especially if you could hold them past d7…

and for the record, there are only a few million active crypto users in total, like across all chains & the entire globe, so a billion is just, well…

plus a billion would give you near 33% gaming tam penetration… not even the game of the year, with a $1b expenditure, on a 7-year build, with global ip, and a 2,000 person team can come close to that… alas… 1 billion it is
dear b3, hire me. for the love of all that is holy, hire me. i will be bringing the team. fire the mba nepo bloat & make space for the ground level peons or forever hold your peace
potentially exiting shell: denver (??), maybe gdc, farcon (??)—lowkey the stuff nightmares are made of (traveling just to sit in a hotel room or stand in a line)

i do need some new gym clothes tho…

maybe i’ll just go to boston, ask @proxystudio.eth for some problems & lock myself in a room with a whiteboard & marker (actual thrive zone)

i don’t know how i used to do this for a living; age is weird; usually turns out fine but i hate every second of it up until the very second i see the first face of a friend

fun fact (dox??): last year i presented on main stage & shook violently the entire time; almost left the stage thrice lol
ok i’ll watch severance just calm down damn
trump/melania debacle speedran the meme-to-influencer pipeline that was expected in the first half of this year; market is exhausted 40 days in; participants even more so

meta will continue to move quickly until fleeting risk finds “safety”: memes -> influencer -> value; as is written in the stars

the volatility is insane; a “golden era” is among us only in the sense that greed & fear will remain at aths indefinitely; tariffs as a threat with “short term pain” is the new norm

if one thing is certain, it’s uncertainly itself

that said, insiders are not shaken out & have been stacking discounted retail eth & btc on all “bad news” — what do they know?

they know that we’ve playing a new game & it’s one that sways heavily in favor of insiders

facing unbeatable crime season conditions, there is only one way we win

gud projects on deck
basil, why won’t you take the pills? can’t they help?

while its true that my neurosis is the source of my deepest agony, it’s also my greatest strength. you see, i’ve danced with death so many times before, that it’s whispered its secrets to me. so while most can only see the light, i can see the shadow that trails behind. that is to say, my edge lies where chaos begins & i won’t live my life with blinders on
sorry for crashing out (again). 2024 was a terrible year for me & my family & my mental pendulum swung AGGRESSIVELY this time around. price was maybe 10% of it so chill with that. regardless, now i’m being forced into a bunch of therapy & other bullshit but i will not take the pills (not again). please don’t look at me differently. i’ve been fighting self hate my entire life. and fret not, i am still plant. that is all. i love you.
think i’m out; deleting, canceling flights, killing game of last 3 years, etc. health is deteriorating & im feeling worse about myself every day. apologize if my communication here has made anyone upset; was never my intention. this is why i’ve been on CT for a decade but have remained silent. i don’t communicate well, don’t appreciate zero-sum dunk culture, and don’t care about being right. if you knew me irl, you’d know i put anyone & anything ahead of me. always have, which is probably why ill never do well here. im only interested if in what’s best for the whole; i dont even value my own life. i assure you, it’s only ever been out of love. that said, need to figure out what’s next for me. maybe someone will hire me; maybe i’ll be back in a few weeks; maybe i’ll just fade away. either way, thanks for giving me a place to yap somewhat comfortably for the first time in my life; hopefully some of it was useful, if not entertaining

❤️✌️
wah wah egg prices are high

wah wah it’s friday

wah wah token price bad, im sad

I DON WANNA HEAR IT

IN AN EVER CHANGING LIFE, ONE THING REMAINS CONSTANT

DID YOU EGG TOADAY, ANON
i’m a simple man

my friends launch clothes, i buy them
it appears a milady competitor has entered the arena with variable fees and auto buybacks

flaunch.gg
re: jelly

users != holders

capitalizing via a token is one thing, using a token to vampire is another, but using a token purely as a marketing or distribution stunt will always fail, especially if your product isn’t native or inherently financial

i’m not sure why we think in crypto that our users are our token holders

outside of the occasional holding requirement, almost none of our tokens have any intrinsic value or utility

they’re speculative shitcoins—they attract gamblers unless you give investors a reason to take a look

do you think the holders of mcdonald’s stock eat mcdonald’s regularly? not unless your sick like warren, they certainly do not

they’re not holding the stock because they enjoy the happy meals

these are two very different groups of people that want different things

failing to distinguish between the two will lead to token collapse every time
fading degen this close to valentine’s day, anon?

have you no heart?
“make money, then friends”

meet friends
build community
earn money

meet → build → earn

“meet, build, earn—only on farcaster”

farcaster positioning: one-stop shop

> find friends/team (discovery/feed)
> build community (channels)
> launch (frames → distro)
> tokenize (clanker, tipping)
> earn (rewards, alpha, bounties)

from ideation to monetization—all in one place

not the place to “make money” but rather the place where the best communities & teams are incubating, and thus the place to be if you want to get ahead of the crowd (and therefore make money)

also think it would be beneficial to have two different onboarding paths, and thus two different marketing angles: devs, else
might fuck around & make a clanker tier list