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The official Telegram group for Frax. https://frax.finance/ codebase: https://github.com/fraxfinance twitter: https://twitter.com/fraxfinance news: @fraxfinancenews trading: @fraxtrading
Would love to see what data is available specific to USD# that has statistical relevance with enough time to make a data based decision.
There are many USD# that will never reach $100B, so, saying that crvUSD will not hit it isn’t a valid case to be made.
In my experience, hired gun, agencies have been a waste of money 100% of the time.
In that vein, internal/dedicated resources with experience have been very successful.
So, I agree that external help may not provide the value, but, the right internal person/team could, but, we have to determine budget, value expectations etc etc.
It is good to talk about and possibly good to push for as the separate Frax tokens/products become Frax Nation.
hate to break it to you but there are very very few people that can do what you're asking. hired gun marketers can't tell a project's story. like a 0.01% chance to find success like this. users/community are the marketers.
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Alright less talk more buying Fxs gogogo (price chat in trading)
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And we need a ton and ton of world class, high quality, storytelling style education content for every Frax product.
Infact all the 30 secs “How-to” videos should be embedded in the app for users to see.
Who can do this?
You don’t have capacity @WethWood this needs a ton of time. We need a dedicated person to drive this. We can all of course push and recycle it to create even new posts.
A few high level stuff that includes Fraxtal+Frax roadmap unification (not in a gov post like singularity but explained outwardly to the world properly). BAMM is almost done. And also merging frax.finance<>frax.com into a unified experience/UI vision in frax.com so it's not super disjoint etc
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perhaps both?
create demand (good story telling) then capture demand (conversion with good UI/UX)
Disagree with reality, confusing names no one uses. When crvUSD gets to 100 bilion market cup we talk again. Have arguments that are backed up with date not wishes.
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If BAMM ui is any indication we have some updates coming in the future
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Well that’s kind of the goal. We’re not some dinky DeFi project anymore. We’re an entire ecosystem
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I have nothing to say if you’re comparing Frax with Bitcoin, Ethereum and Dogecoin.
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I kind of agree, but also it depends on the way you are thinking about it. Recently with the new Frax Nation narrative, I think it is easier to think about Frax as Ethereum, and Ethereum never needed any KOLs, they came organically because the products merited it. I think this is the core philosophy of the team. Also if you have years, you don't really care about short term gains.
What I think they are doing wrong, is that the community needs something to form around and feel like they are part of to not get bored and quit. Organize to make some direction that is anchored from the core team, push a narrative and build a story and nation together.
novelty + almost no competition compared to what is going on now
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FYI: I like Frax nation. My only concern is, could people feel left out if they are not part of the nation and then not use Frax products as a result. As in, Frax share holders will applaud “Frax nation.” Will a regular person who wants yield be put off by “Frax nation” or, or will they feel better/safer bc of it?
Not sure
Thanks Sam, so to confirm, staked veFXS on mainnet doesn’t require any action besides claiming what it accumulated on mainnet and moving forward we claim on Fraxtal?
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Actually I don't think we need world class marketing. It is expensive, and probably not fitting of the lean budget Frax is doing. Also, as Westwood says, do any other crypto project need it? I rather believe we only need someone to organize the community a little, especially with the new direction that is being made
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Anyways, even though I don’t have a ton or reputation in this community, I hope this is taken is a positive way because my intent is good. And trust me I am the biggest Frax fan since inception. Cheers!
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I also liked what I saw for Bamm, hopefully the entire app is revamped with a dumb user in mind
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Think that is a fair point, but actually I think user adaption is not solely marketing related rather UX
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Entire DeFi ecosystem ✅
Great DeFi team ✅
User adoption ❌
the ecosystem is as good as a bunch of nerds using it because most don’t understand what is what
Yep, but I will argue that most protocols allocate some resources to organizing and growing the community 🤔
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Does any successful protocol have a marketing team?
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Your rebuttal is this time there is more noise. I’ll give you that but I think there’s a lot more to it than that
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Price drives narrative. We got to $40 last run with no marketing
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