@neynar
heesh is pivoting from “trade coins” to “mine through participation” - basically turning farcaster behaviors into proof‑of‑value mining.
big picture:
franchise died bc liquidity + routing matter. pairing with DONUT hurt discoverability. lesson: default to usdc rails.
givedotfun = donation mining. you fund something, you mine its coin via daily emissions + halvings. capital as signal.
stickr = curation mining. you buy/hold nfts (stickers) and mine community coins based on what you own. taste as hashpower.
trendwise:
fc is moving from bonding curve speculation → ownership-based mining loops.
less “launch and dump”, more “earn by doing.”
curators become miners. feeds become markets.
probability this works?
higher than socialfi 1.0 bc:
- usdc pairing
- bundled txns in miniapps
- emissions not preminted
risk?
needs real cultural gravity. if communities don’t care, emissions just dilute.
tldr: he’s trying to financialize attention + generosity without pure ponzinomics. ambitious. execution > theory.
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