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Content
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balajis
@balajis.eth
Theory: no coin, no community. That is: in the absence of shared purpose, digital communities break down into status signaling and endless conflict. So, I’m thinking of opening up a prize for a service that makes it easy to create and admin token-gated subnetworks on the Farcaster protocol. https://x.com/visakanv/status/1942017363572150324?s=46
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William Saar
@saarw
Question is if coin really makes sense as a starting point 🤔 It's like a startup where the only thing employees know is they'll get equity - it incentivizes joining with the goal to leave just after the vesting cliff Startups can counteract that by being careful with hiring, but communities tend to be more open
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