Founders

Degen

$DEGEN has laid out the economics of Farcaster channels

Create a channel, build a community, launch a token, reward those who were early 

Use token as a karma system for being active

Use token as a channel currency for rewarding contributors and content

@warpcast became my home for social communication with great, talented and passionate people. $Degen channel became my Colony, filled with degens like myself.

This is more true than you know! The token subscription protocol exponentially rewards early subscribers with ETH rewards. A percentage of all of my subscription profits are withheld for subscriber rewards. First month subscribers 64x rewards. Second month, 32x and so on. Look up fabric STP docs. A UI is coming

yes. once token-gated channels are a thing (🤞) hosts will be able to enable this in mere minutes, without any code or galaxy brain tokenomic design

Operator turned investor. Work in TradFi.  @crossroads 🟪

agreed. case in point:

https://warpcast.com/nonlinear.eth/0x3f75f4cd

https://shopdegen.xyz

Don’t think you need token gating for it just an easy way to create token, reward early participants, and easy ways for ppl to pay with token

yes. once token-gated channels are a thing (🤞) hosts will be able to enable this in mere minutes, without any code or galaxy brain tokenomic design https://warpcast.com/mxjxn.eth/0x4388fbb8

building @hypeshot 
ycs22 
uchicago baseball ‘19

How would that sustain in the long run though?
You can be actively engaged in ~5 communities but the incentives are placed for people to spin up and jump to new channels to print/farm tokens. There will be few successful examples, everything else will be a spike and slow bleed to zero (both engagement and token price)

https://warpcast.com/capitulation/0x07604b93