incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

high stakes storytelling | ex @polymarket

interesting perspective, I def want to see more people putting things onchain

follow up:

if anyone could make a prediction market, with fee distribution (like a clanker/zora coin...)

would you feel similarly about "everyone make a ton of prediction markets" (using binary outcome tokens under the hood)?

i’m in favor of more coins for two reasons:
1) we need to reduce the mental weight of creating a coin
2) we need to reduce the level of speculation and fervor over coins

the current model where creating a coin ties you to that coin for life is bad, actually. there are absolutely some coins that deserve that amount of mental weight, audience and community support, but most do not

right now, all coins are treated the same. if a new creator creates a coin, they’ll be harassed by holders who expect them to pump it. that’s bad! 

it’s stopping people from experimenting and stopping the space from growing.

genuine question:

what is your thesis behind infinite coins?

doesn't this just make the market incredibly diluted by coins launched on a whim that will inevitably grind to zero?

higher is fine by me, just means the market will eventually flip to seeking rarity once again

like early 1/1 NFTs of ppl at Noun Coffee