@Fogo Official biggest challenge isn’t tech, it’s awareness. Asked five trader friends if they’d heard of it. All five said no despite being active in DeFi daily.
Compare that to every L2 spamming Twitter with influencer partnerships and airdrop campaigns. Fogo’s marketing feels almost non-existent. Great product nobody knows about doesn’t matter.
The institutional targeting makes sense strategically but retail drives early liquidity and community.
Can’t ignore retail completely then expect them to show up when you need volume.
GSR and Selini investing suggests the institutional pitch is working behind closed doors. But public perception still matters for token value even if that’s not the primary focus. $FOGO needs louder marketing.