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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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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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bloke
@cloaked-bloke
being said, devs deserve some dough for their service. Opting into a tip, usage-based fee mechanic would be a friendly and lightweight user experience, which also rids the negative overhead tokenization creates - bad stigmas and speculation.
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Cur8or
@cur8or
Yeah I loved the old $DEGEN and tipping and usages models work. To me though it comes down to building meaningful product, then getting compensated based on how good it is. Rather than speculation.
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