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balajis pfp
balajis
@balajis.eth
Theory: no coin, no community. That is: in the absence of shared purpose, digital communities break down into status signaling and endless conflict. So, I’m thinking of opening up a prize for a service that makes it easy to create and admin token-gated subnetworks on the Farcaster protocol. https://x.com/visakanv/status/1942017363572150324?s=46
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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
In Greek the word for currency (“nomisma”) derives from the word for law / custom (“nomos”) I think the insight there is that the agreement on your city’s means of exchange is at the same level of importance as its laws and customs The interesting modern experiment is: To what extent can a currency not only derive from but even jumpstart a city?
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:grin: pfp
:grin:
@grin
alternative theory: all communities break down this way as they grow. a coin can help but only for a specific type of community strong leadership helps much more than a coin, but TPOT (@visakanv's community) didn't have that -- mostly on purpose perhaps a coin + an agent could replace strong leadership
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Nounish Prof ⌐◧-◧🎩 pfp
Nounish Prof ⌐◧-◧🎩
@nounishprof
It seems like the tools exist and may just need some customization for you. Between @ clanker cc: @dish & /glanker’s Empire builder and/or @cura from @sahil I’m pretty sure all the tools are ready.
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yerbearserker.base.eth 🧉 pfp
yerbearserker.base.eth 🧉
@yerbearserker
I'm actually working on that... have something all drawn up & looking forward to talking to @willywonka.eth soon 😉
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downshift 🌹⏳💀
@downshift.eth
this part of twitter (tpot) never had a coin (besides btc or eth) and yet the algo showing us each other's posts was how @visakanv and i had any amount of rapport back then (amongst many other weirdos) before musk bought bird app. visa probably doesn't remember me any more because it's been well over a year.. but i used to riff with many of the same folks daily back then. it was my favorite experience on social media short of my earliest time on warpcast before engagement slop became the focus 🐽 with that, i actually believe a token is worse for a community that has a real purpose because it devolves into short-term greed and soulless bull posting. why would you want that? it's been tried so so many times and the movie almost always ends badly (especially if the token is an NFT)
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Zach Harris pfp
Zach Harris
@zachharris.eth
@balajis.eth I think for a while people were token gating channels using @hypersub @nonlinear.eth and @antimofm.eth weren’t you charging for access to /memes and /design? @balajis.eth maybe @cura x @clanker x @neynar hackathon?
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rubinovitz
@rubinovitz
Can a “sub-network” be a channel or did you have something else in mind?
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federicosan 🎩
@circom
Strong communities are created around purpose, passions, dreams or lifestyle. Vegans create great purpose communities, writers and poets passion ones, nomads and indie hackers have a shared lifestyle. Tokens are not central to communities but could be a tool. Community is built around something you do no something you like … that is a fan base.
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Lawsn
@lawsn
Theory: coin as incentive for community = extractive community.
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William Saar pfp
William Saar
@saarw
Question is if coin really makes sense as a starting point 🤔 It's like a startup where the only thing employees know is they'll get equity - it incentivizes joining with the goal to leave just after the vesting cliff Startups can counteract that by being careful with hiring, but communities tend to be more open
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sahil
@sahil
https://farcaster.xyz/sahil/0xb2082529
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MAGNETIC pfp
MAGNETIC
@magnetic
What have you thought for the, TheNetworkState NFT holder?
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Cur8or pfp
Cur8or
@cur8or
Don’t just tokenize the culture. Yes there needs to be shared purpose but it could be built around any experience. Storytelling. Community. Events. Games. Art Collection. Achievement systems. Engagement of any sort. Stop financializing everything.
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RealityCrafter
@realitycrafter.eth
https://www.nouns.camp/proposals/825 “…These custom space systems will have their own domain, branding, homepage, directories, and default configs for profiles and dashboards that the members can further customize. Not only will noun.space be the first ever "channel client," it will become the base template upon which all channels and communities can deploy their platforms..”
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Lucas | POAP Studio pfp
Lucas | POAP Studio
@gabo
Please do ! Locked in as group chats https://farcaster.xyz/gabo/0x72039b24
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vrypan |--o--|
@vrypan.eth
@sahil
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ash pfp
ash
@ashmoney.eth
@sahil @dharmi @anmworld3 @cura
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Rani Haddad
@4484
this has been done many times over
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Syed Shah🏴‍☠️🌊 pfp
Syed Shah🏴‍☠️🌊
@syed
Do you accept this as an answer to “what would it do?” @dwr.eth
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