Farcaster

what if instead of a fc airdrop the early users (all of us) got the opportunity to invest in fc’s next round - allows users skin in the game w long term alignment

i’d take this over an airdrop tbh

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if i had the opportunity to invest at $1 bil i woulda had a hard time not going all in lol

fc will be worth trillions imo

what do you think about setting specific criteria for who gets access to the investment opportunity?

something more teams could follow if they don’t wanna airdrop tokens that actually accrue value

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You're point is 100% true, but I just had to make a funny 😅

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yeah i’d still want to participate if i had access but it’s overvalued for where fc is currently

/scribble inminiapp scribbling and nft minting

it would be nice whether token or stock to have some way to get exposure to the platform we log into all the time

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Love this idea. Could go through echo and gate the group as invitation only. The application asks you why you should be let in and all you would have to do is give your FID and they could look up your usage and onchain history.

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I can get down with this

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could do it as equity w no voting rights, pretty common for early stage

also to minimize concentration of individual funding they could just have a cap on investment, like $10k max check size for first go, if it doesn’t fill allow a follow on in same round up to $25k

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onchain equity makes sense imo: https://warpcast.com/eriks/0xb492b304

this is token sale right? kinda makes sense. can be done over platforms such as legion, echo or just built natively on the FC rails..

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@basednouns

Would definitely prefer and get in on this as well.

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agree, airdrops are a reward for early participation but they don’t align users longterm - this model would

equity in and of itself isn’t a bad thing, it’s actually rlly good, and it can (and will) be represented onchain soon

Interesting take 🧐 idk that the airdrops do much, people immediately sell, or let them sit in their wallet to be eligible for the next one, i don’t think anyone complains about a free $5 but I have wondered what other options there are

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i can’t even fathom how excited i’d be if we had this chance