Just caught up on the tipping meta โdrama.โ Quick recap + some thoughts:
Recap:
Jacek (founder of $DEGEN) voiced frustration about new tipping apps on Farcaster not defaulting to DEGEN.
He hinted that anything using USDC for payments should maybe rethink that too, but thatโs a separate thread.
Most replies werenโt pushing back on the what, just the how he said it.
That sparked a broader convo around tipping as a distribution model, a microtransaction use case, etc.
Some people love it. Some donโt.
My take:
Devs default to USDC or spin up their own token because both offer better upside.
USDC = sustainable revenue
Own token = fundraising rocket fuel
Personally, Iโve never really vibed with tipping.
DEGEN worked because it was free.
Spending my money just to โlikeโ something ain't it for me. Same mentality goes for Zora, Rodeo, etc., which is why I'm hardly even a casual user there.
It's not that Iโm stingy (maybe I am). Iโve dropped a few hundred tipping friends on Farcaster but it still feels weird.
Like Tipping Tuesday is some ritual I feel socially obligated to participate in.
Iโve never subbed to a Patreon.
Never paid for a Substack.
Lived off uTorrent for years.
Iโm a child of the open internet. Free by nature, cheap by design.
That said, tipping isnโt inherently bad; quite the contrary. Itโs cool that people want to support creators.
But like anything with money involved, it invites gaming, farming, clout chasing, the works.
But thatโs just part of the deal. Every system can be gamed.
Final thought:
Do whatever you want with your money. I truly do not care. 10 replies
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