skininthegame

perl.xyz is your onchain social arcade, powered by $DEGEN. Join the discussion at /perl

My view on the rise of money games like $DEGEN and @perl in the Warpcast feed:

Most people just want to have fun and make money. The more options we offer, the better for people and progress. Excessive greed is bad and there are evil forces that we should fight, but the vast majority of people are not evil.

Founder /gnars, cofounder /imf, early /nouns contributor. Debt before dishonor ᡕᠵデ气亠

Marketer | Terminally Onchain | Contrubuting @heyelsa | Player /fbi | Prev. /wildcardclub

10000 $DEGEN

I used to intellectualize and look down on things like Dogecoin but now realize that was wrong. While it’s not for me, can’t deny that it’s appealing to new people and that is a good thing

This resonates so much with me. It would be detrimental to the growth if we try to intellectualize speculation and fun elements. Malicious participants are easy to distinguish from good faith ones.

Once distribution is done and all tokens are circulating, onus will shift from core dev to literally /everyone else/

That's when we'll see the /really/ creative, completely permissionless stuff including highly focused, permissioned applications.

Airdrop noise is loud and distracting and incredibly powerful.

It's all about incentives AND permissions.

It's experimental. Reward:distribution equilibrium takes time to discover and these systems need to be abused by bad actors [in order] to harden them.

Sculpting meets metallurgy.

I agree with you, greed has never been a good quality.
500 $DEGEN

leading DevRel @base | accelerating builders with AI tools, onchain opportunities, frontier insights |former founder onchain since '17

Because most of the community needs profits when entering Warpcast because they come by paying.

but sometimes their methods are wrong and look greedy.  But don't assume that all communities are wrong.

500 $DEGEN is fascinating to me because the dynamics are so clearly inflationary that it almost feels like points to me. I'm more focused on giving away $DEGEN than I am on earning it. 

There's still monetary dynamics, but the community aspect flips the script on how I interact with it

For seeing the goodness in humanity 200 $DEGEN

Excessive greed can indeed lead to negative consequences, both for individuals and society as a whole. It can foster unethical behavior, harm relationships, and contribute to economic inequalities. Striking a balance between ambition and empathy is crucial for a healthy society. 🎩📄

honestly the line between being here for fun and here for money is really vague in my experience

people preach the fun part a lot, but i never seem to trust it fully

Yeah everyone downloading perl web app is the worst thing I guess 🙄 no one asking that is it safe or not, just believe the owner cause he giving free tokens