The system is broken. Few understand why. Almost no one knows what to do about it. My mission is to change that
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will keep yapping about this till I'm blue in the face:
this, in my view, is the biggest problem we're facing as a civilization, and almost no one is actively trying to solve it
https://paragraph.com/@abundance/the-elephant-in-the-room
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Capitalism and socialism are both broken and cannot deal with 21st century challenges.
Here's how we build a better system:
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It's the Incentives, Stupid. Why great systems need good incentives, not just good intentions
https://abundances.substack.com/p/its-the-incentives-stupid
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🎁🎁. ANNOUNCING the GREAT $DEGEN GIVEAWAY! 🎁🎁
20,000 $degen will be raffled among those who:
1️⃣ SUBSCRIBE to the New Economic Revolution (substack) thru miniapp, and
2️⃣ QC this cast & TAG 3 friends
all eligible will also get $sky tips
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🎁 Announcing the first Impact 2.0 Giveaway 🎁
/impact will rain 5000 $degen among those who:
1️⃣ Sign up to Boosting, Validating (or both for higher chance of winning) in frame
(see QC to learn how Boosting/Validating works in Impact 2.0)
2️⃣ Like & Recast this cast
3️⃣ Tag 2 friends who want to support impactful contributors on Farcaster
https://farcaster.xyz/abundance/0x1ef3723e
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This year I built Impact Alpha ( /impact | impact.abundance.id ):
- It's a system to reward builders and creators based on the impact their work makes on Farcaster (and not based on how much engagement they can get for their content).
So far 15k+ casts from 2100+ unique creators were curated, and 1500+ creators got rewarded thru /impact.
The app has 140 curators, and 20+ "super curators" (you know who you are 😉) who did an amazing job this year growing the app and boosting creators.
- I also published The Abundance Economy (book.abundance.id) - a book that explains why our current economic model is broken and leading us to a dystopian future with multiple crisis (AGI, automation, crisis of trust in institutions, social polarization, climate crisis, etc.) And how we can use blockchain tech to build.. well, an economy of abundance.
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As we're getting closer to launch, now may be a good time to introduce Impact 2.0
Farcaster is currently dominated by web2-style algorithms that harvest your attention and don't work in your interest
Impact 2.0 aims to be a "decentralized social algo" that puts user interests first
here is how it works:
https://paragraph.com/@abundance/introducing-impact-2
