Contest DAO

Why I’m excited about a meme contest, even though I'm not really into memecoins.

It’s a live illustration of crypto composability: using interrelated incentives to encourage people to create, curate, and promote something together.

There are multiple games being played here, and multiple ways to win. 🧵 👇

With /contestdao, I’m most interested in exploring how we can reward people not just for using or promoting something,
but for creating it too.

A “memecoin-creation chainletter” might seem like a silly example 🙃
A less silly experiment is coming next week.