Anaroth

Founder of Incipient Strategies | Occasionally Writing on Paragraph | Trading | Golfing Poorly ⛳️

[Anaroth @Anaroth__]

Home golf course opens back up next week

Can’t wait

[Anaroth @Anaroth__]

@bankrbot do I have an airdrops?

[Base @base]

Wondering what a meta-aggregator, today's winner on @qrcoindotfun, is?

Read QR founder Jake's explanation on how they get the best swap quote:

[Anaroth @Anaroth__]

@WatcherGuru When @farcaster_xyz account like @unusual_whales ?

Don’t make me come here

[clanker @clanker_world]

Introducing the Clanker Ecosystem Fund (CEF)

The mission of the CEF is to distribute protocol fees to creators and communities who positively contribute to the Clanker and Farcaster ecosystem

$8m has bought 14% of the $CLANKER supply, yet has not proven to be an effective use of funds

Sometime in the next few weeks, we'll be redirecting protocol fees back to the ecosystem, as well as using it to fund ongoing Clanker infrastructure

more soon -- who's running the fund, how the splits work, and how to get involved.

clank clank

[JAKE @0FJAKE]

LGHT (@notbylght) is one of my favorite creators.

best known for creating @higheronchain (once a $100M token on @base and the highest quality community on @farcaster_xyz imo), he won today's $QR auction to drive attention to his new webbbbbbb site.

it looks sick. check it out!

[JAKE @0FJAKE]

TRIGGER WARNING:

I'm going to write about @zora for a second.

If you have ZDS (zora derangement syndrome), it is probably best you just ignore this. I'm not saying zora is perfect or anything. Far from it. And for the avoidance of doubt, I am not an angel investor in zora. I hold ~$420 worth of $zora as of this post. No one paid me to write this. Blah Blah Blah. OK, now without any further ado:

I think in a few years we'll look back and realize that @zora was directionally right on a lot of things.

I'm not sure if they'll be able to overcome the amount of baggage there is attached to the brand now (not entirely their fault imo), and even without that baggage, being specifically right as opposed to directionally right can be enough to make the difference between success and failure. That said, things like personal tokens, pairings, vesting, and the new "autosell" feature are all interesting and worthy of further experimentation imo.

When I refer to being directionally right as opposed to specifically right, what I mean is, there are many ways to do personal tokens (i.e. TryRoll, BitClout, friendtech). Same goes for pairings (was content coins one level too far?). Vesting 50% of supply over 5 years (as zora does currently) is very different from say 10% over 1 year. And an "Autosell" of 20% every 2x is very different from 10% every 10x.

Details matter, and I think some of the details around these interesting elements have been not quite right. That does not mean that I know what is right. If I had certain conviction that I did (know what's right), I would probably go build the thing and become a billionaire.

Anyway, the $zora token is also configured in a specific way, the company has equity holders, it's gone through a number of fundamental iterations which can constrain optionality compared to a blank slate, etc. Any of these things individually could be enough to make the difference between something that could work extremely well and something that doesn't really work at all, and there are many more details than I have mentioned here.

My point remains the same though. I think we'll look back and realzie @zora was directionally right on a lot of things. There's not really any prize for that. I'm not saying that there's going to be. I'm just saying what I'm saying. We can check back in a few years to see if I am directionally right about them being directionally right.

[Anaroth @Anaroth__]

Coming weeks agenda

- Submit all my taxes
- File my annual report for Incipient Strategies LLC
- Build another app for @farcaster_xyz with Neynar Studio
- Fuck around with Claude more
- Start the latest read from Higher Book Club with @GenuineJack
- Write something

[Anaroth @Anaroth__]

@big_duca Really wanted to try awaken this year for taxes, but im over the 10k transaction limit bc of micro-transactions and spam unfortunately

Dashboard and platform look great though

[JAKE @0FJAKE]

I recently spoke with @austingriffith about his story, his work at @ethereumfndn, and his launch of @clawdbotatg.

But before we got into all of that, he asked about @qrcoindotfun, which prompted me to riff about it for a bit.

That audio's below. Full podcast in the quote tweet.

[JAKE @0FJAKE]

New pod!

Episode #242 w/ @austingriffith

- Ethereum foundation (@ethereumfndn)
- Serial builder
- Creator of @clawdbotatg ($CLAWD)

Austin started the ongoing onchain agent craze and is continuously tinkering at the cutting edge. We had an awesome conversation. Links below.

[$QR @qrcoindotfun]

The QR app is now live in the App Store!

Get paid to discover something new, onchain, every day.

Download the iOS app to claim your welcome bonus today: https://t.co/EBPijaBosa

[JAKE @0FJAKE]

https://t.co/uVyNTPpK4r

[JAKE @0FJAKE]

“When we’re thinking about what it takes to build a global economy, there is no one person or team that has all the answers. Instead what you need is thousands of people, hundreds of thousands of people from all around the world who are trying to figure it out, and that’s what builders are.”

- @jessepollak

It’s been a rough several months, but comments like these (alongside actions to match) make me more optimistic that @base is going to turn a corner and begin its second major growth period after the one which got it from 0 to 1.

That first period of growth was defined by a focus on building the best chain for builders. It was simple, and it worked.

Of course, what gets you from 0 to 1 doesn’t always get you from 1 to n, but I do believe a more decentralized approach to building Base is better than taking one or a few concentrated shots on goal as a centralized team trying to crack the code to bring hundreds of millions on people onchain.

The chain works. You can critique the app, the strategy, the marketing, the communications, etc. — I myself have done all of these things (though I try to limit the public criticism unless I really feel it could be useful) — but it is harder to critique the chain. You can, it’s not perfect, but it is a great place to build, and it’s still factually early (2.5 yrs old).

As someone building on Base myself, currently focused on @qrcoindotfun, I do not believe the success of my projects is fully dependent upon any massive success of the chain on which I build them, but it certainly doesn’t hurt. A bad product on a great chain doesn’t suddenly become a good product, but a rising tide lifts all boats, and so some success can become more success, and great success can become greater.

2026 could be a great year for Base, but nothing is inevitable. It’s not “Base is the new global economy” or “Base will be the new global economy” but Base could become the new global economy.

Most recently, it’s been winning the rapidly emerging market for builders of a different type than the ones that helped bring Base from 0 to 1 — agents.

Base has become the place for agents largely because of @bankrbot, which is a great example of why building a chain for builders makes sense as a strategy.

999 builders might have built apps on Base that failed to gain meaningful traction but @0xDeployer went ahead and built @bankrbot and in the last few weeks it’s helped bootstrap the agentic economy on Base. (a pretty big deal)

You don’t need a high hit rate if you have thousands or hundreds of thousands of builders building on your chain. You just need some home runs. If it’s a great place to build and everyone knows home runs are possible, builders will keep building, the chain should keep growing, and a new, global, onchain economy might actually be built on Base.

[JAKE @0FJAKE]

the day i clanked $QR - feb 6, 2025 - i didn't think much of it

i had no concrete plans to work on it for another day, let alone a year+

in the week or 2 after, i remember discussing with family how i was back in the uncomfortable position (with which i had now become about as comfortable as one can) of not knowing what work would be next for me

it had not occurred to me that i had already started my next big thing

today, i took the first public step on "Sovereignty"(launching the mini app on @farcaster_xyz, which has not formally been pronounced dead yet)

i can't guarantee there will be another step, no one ever can really

but as much as one can plan, i have some next steps in mind

i do not have a specific destination in mind, just those steps

and some concepts, ideas, and themes, possibly interconnected

i believe in taking the first small step on things

when you think of seeds that seem worth planting

rick rubin's book gets a lot of crap, but i liked it a lot, and "Seeds" is a great chapter

i don't care how popular it is or what other people think about it

discounting perspectives because of their popularity (high or low) are both dumb, in my opinion, you have to form your own opinions

he wrote something i knew in better words than i'd come up with to explain it in that "Seeds" chapter, iykyk i guess

anyway, this not quite the same as when i clanked QR

same man never steps in the same river twice or whatever

this time, i am not looking for something to work on

i am busy, and i am still primarily focused on $QR

but i felt compelled to plant the seed of something i decided to call Sovereignty

time will tell if it turns into anything

but the thought is not lost on me that it could

today it's just a seed in the dirt, and it may never be more than a seed in the dirt, but there's always a slim chance that it can grow into something beyond your wildest imagination

the beauty of the seed is you never know what it can be

only one way to find out

[Anaroth @Anaroth__]

@hardtotelll Because the tools finally allowed me to do so in a way where I could and feel good about the result

Ideas used to be oh if I knew how to code I could try this

And that really isn’t true anymore

[Anaroth @Anaroth__]

I've made 3 mini apps, and a website in the last few weeks

How are you not having at least a little fun with whats possible right now

[Quotient @QuotientHQ]

Capital rewards outcomes. But outcomes are lagging indicators.

The people who see things early create real value. They make calls months before anyone else catches on. They don't get recognized for it.

Quotient is changing that. We back people who are right early.

[Anaroth @Anaroth__]

Golf yesterday evening, this morning and again tomorrow

54 Hole Weekend

[Anaroth @Anaroth__]

mfers

[CodinCowboy @CodinCowboy]

mfers