x.com/nikitabier/s...
this was the reason i decided to build here vs. twitter.
sadly the value prop of an open social graph becomes obvious only when platform risk plays out.
silver lining is less performance and farming slop on twitter 🙃
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cool podcast on tooling and economics for open internet communities blog.metalabel.com/the-economic...
i think we have the tools/OS for dark forests to thrive. @yancey curious about the beachhead markets/personas you have in mind?
crypto - daos, onchain/nft communities (non-speculative).....
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good reminder of the farcaster protocol promise and potential
"all paths for Farcaster lead to a vibrant ecosystem of client teams experimenting and generating their own feeds, chats, and experiences to drive "communities". Tokens can go up and down, and engagement drops off a cliff when tokens crash. Communities are ...
Late night thoughts on a topic I've talked about too much but I'll keep it as short as possible:
The key points users are pointing out against memecoins: in a closed system where DAU's aren't growing, only value is to enrich snipers and token fee managers, where the only interaction is buying and selling. The reason i
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spot on.
crypto airdrops have gone extreme with performance marketing and attention renting. it's created a perverse culture.
tokens/projects need to hard pivot from promoting a transactional community that boosts vanity metrics to one that values usage, ownership or loyalty.
1st gen airdrops (2021) - micro-tasks,...
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every clanker/coin should do this 👇
last week few clankers launched Believer Leaderboards on cura to identify and reward their token communities.
in one week
• 2000+ FIP-2 token casts (eg: 5x growth for $Regent)
• 400+ users earned for trading & casting, more ⬆️volume and attention
• $2,500+ rewards from clanker c...
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