Jacob on Farcaster

Jacob pfp

you should be paid for your attention

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Oliver pfp

That concept has legs outside of crypto Retail wants it, but don't know where to go to get paid @ampsfun & @qrcoindotfun - are my preferred trailblazers

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Jacob pfp

yes amps is paying people for their referrals but qr is doing a good job in this camp i am thinking about it too for /atlas bc attention markets are always competitive no matter what you're building

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Oliver pfp

Imo distribution will become harder for each year that passes. The amount of product creation is infinite (AI assisted) while our collective attention is finite This is why I think drop dead simple mechanics like QR is brilliant

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Jacob pfp

i agree, simplicity is the way to go for a product like qr but it's a fairly low dopamine form of attention redirection and not doing any real demographic targeting

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Oliver pfp

If and when QR goes on a parabolic rise, I think price will bring plenty of dopamine At least that's why I'm a long-term investor Agreed, demographic targeting is limited, but FC is in early stages and all the mini apps might level up on stats over time

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Jacob pfp

if price is the dopamine, then they're not actually redirecting attention to the url, just to the money button

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Oliver pfp

The incentives to be rewarded in money button and research/discover the auction winner to incentivize more bidding is a reflexive loop It's shifted my behavior to support QR gain more adoption by following and learning more about the winning projects

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Jacob pfp

makes sense how much do you get rewarded in dollar value w each click?

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Oliver pfp

In dollar value, 420 QR = cents... However, the discover to earn mechanism is my version of proof of work. It's trying to support the holder side contract (to discover and research) the winning bid If I didn't, then there's no incentive for bidders to put more capital down

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Jacob pfp

i hear you on a large scale, internet attention markets are some of the most efficient markets in the world it's cool to explore price discovery for attention with a small pool of users who can also take actions to influence the market more experiments = good

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Oliver pfp

> on a large scale, internet attention markets are some of the most efficient markets in the world Could you support this claim? I have some counterfactuals but curious to hear your examples

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Jacob pfp

with digital advertising, you buy ad space directly targeting specific demographic cohorts across various apps they use daily, you can evaluate performance, CTR, and conversion in real-time w analytics, and adjust spend and targeting as you ingest results ofc no market is perfectly efficient, and financial markets are *more efficient*

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Oliver pfp

I see, however, the internet attention markets are skewed to local and contemporary reach Historically many influential artworks in literature, music, and film are not widely known outside their region How many ppl know who Gabriel Garcia Marquez, James Joyce, Queen (outside of Bohemian Rhapsody)?

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Jacob pfp

honestly, i was thinking e-commerce why culture goes viral is its own magic formula

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