David Phelps (davidphelps)

David Phelps

cofounder jokerace.io

942 Followers

Recent casts

i got a bunch of dms last week asking *why* we suddenly had a contest self-generate $1.35 *million* dollars to voters. the fact is, i don't know! i was hoping for 100k, and it went 35x that 😳 but i have some guesses, with some lessons for all of us building apps: 1. the *right* chain. the avalanche team was one of the best i've ever worked with. 2. iteration. it wasn't until 5 weeks ago that we launched vote-and-earn. it's a gamechanger. 3. the *right* user. the contest generated a liquidity flywheel. the more players bought in, the more money they could earn—leading to accelerating buys from whales. 4. narrative. avalanche ran a bracket tournament, so: >smaller projects could still have a real chance of winning early rounds > voters on winners would have more money to support their teams in subsequent rounds > each round got more dramatic with higher and higher stakes what these all come down to is one thing: *storytelling.* people want drama, and they want the stakes to rise over time.

  • 0 replies
  • 1 recast
  • 6 reactions

ok i spoke too soon just had our first contest generate over *a million dollars* for voters 1.35M to be exact i’m speechless

  • 3 replies
  • 0 recasts
  • 8 reactions

avalanche just launched the semifinals for their community awards tournament generated $37,000 in rewards for voters in just the first two hours with nearly a day left to vote and earn https://www.jokerace.io/contest/avalanche/0x54f2fc86a001b34218e27d33db7cc35faebfb725

  • 1 reply
  • 0 recasts
  • 3 reactions

Top casts

i’m sorry but the president of the united states is governing through a groupchat after launching a useless token and you’re trying to tell me that DAOs have failed?

  • 14 replies
  • 6 recasts
  • 86 reactions

got into crypto to build resilient censorproof systems to protect the rights and attributions of all creators. stayed to list off random cheese names to a cashier at best pizza in williamsburg in an ill-fated attempt to win crypto the game

  • 5 replies
  • 1 recast
  • 59 reactions

getting twice the engagement on warpcast that i get on x with literally 1% of the followers that i have on x

  • 17 replies
  • 3 recasts
  • 54 reactions

Onchain profile

Ethereum addresses