brypto

it sucks that the ways to get attention and the ways to build something with staying power are almost completely at odds

the reason crypto has taken so long to become legitimate is largely because social media algorithms dictate what even gets attention; their power laws reward short term greed, drama, engagement farming, and extravagant promises (which all have the unfortunate side effect of attracting bottom of the barrel users, and a lot of bots)

meanwhile, legitimate builders often toil away in relative obscurity 

how do we fix this?

Impact

you're not going to attract quality users to FC if the network is not meritocratic - if it rewards people based on who they know and not what they contribute

Impact 2.0 will be introducing Randomized Voter Sampling to fix this problem
https://paragraph.com/@abundance/randomized-voter-sampling

need to decouple the reward from the attention?
make the reward more meritocratic --> attract better quality contributions

soldier of Good. 🪖🥰 
producer × DJ. 🎧 🪩 
working on /campfire. 🫴🪵🔥
host of /downshift ⚙️ + /dww 🎧 +  /gtd 🛠️.
https://linktr.ee/0xdownshift

need to decouple the reward from the attention?
make the reward more meritocratic --> attract better quality contributions
https://farcaster.xyz/abundance/0x8caa8292

campfire 🫴🪵🔥

i'm starting to sketch out the rough direction for /campfire's text-only (to start) social protocol (a completely independent alternative to the Farcaster protocol, if successful).

buckle in...this is gonna be a long boiiiiiiiiiiii
🫴🪵🔥

i'll start with my motivations and accompanying reasoning. 👇

btw did you read my Treatise? testing some crazy ideas...

Solving public goods value capture. | /impact | https://book.abundance.id

Ethereum

btw did you read my Treatise? testing some crazy ideas... https://farcaster.xyz/downshift.eth/0x51f30753

the Platform needs to be neutral. otherwise we get another net neutrality crisis, no?

not a fan of selling access tbh. its so web2

we need to build business models for the world of bits - where data flows freely. not create artificial scarcity to turn the world of bits into a subset of the world of atoms.

but agree that the platform needs to be credible neutral on rewarding creators

have no seen your treatise. will dive in 👀 👀

i think patronage and selling access to premium content is the way. the platform should be totally agnostic to "reward" imo