@abundance

it's basic supply and demand, as I see it; the goal of building out an infra that would "hopefully" create a moat down the road so advertisers/brands would prefer to use (and subsidize) the Fan Token model (over any other airdrop mechanism) in an open graph network. The "supply" is the Moxie we get from engagement. The "demand" is the Fan Tokens we buy (expecting to get more Moxie in return later). But if everyone expects to get more Moxie in return when they buy Fan Tokens, you don't get more demand than supply. The 2.5% burn is a mirage, bc you have to factor it in when you expect to make a return. The only way to create actual demand then is if the system creates value. But engagement in itself is value-neutral. Lots of moxie farmers out there, does that somehow create value in the ecosystem? Nope, it destroys value. So Moxie would need to tweak the mechanism to capture value beyond just engagement. That's at least how I see it based on reading the docs. Do you think I'm missing something major here?

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