Jason Goldberg
@betashop.eth
Moxie rewards members daily based on quality of content -- as measured by who & how people engage The system favors engagements by people with more influence in the network. This is by design. Every time they engage they spend their "social capital" to signal to other people in the network that the content is worth their time and attention In this way Moxie rewards attention, and influentials provide attention "boosts" in the feed and on the social graph To make it more "fair" -- we couple that with enabling you to buy Fan Tokens which allow you to participate in the rewards earned by others who are garnering more attention. This allows you to earn by your own actions and by the actions of others. This is a purposeful design. We also welcome constructive criticism and ideas! We've been running this system for 90 day prior to Moxie and we'll run it as-is for at least 30 days prior before any tweaks. All Farcaster data is open on hubs and anyone can present an alternative scoring for us to consider
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⋆♱ 9̷0̷†մղ ♱⋆
@90tun
All it does is favour those who already possess significant social capital, creating an environment where the rich get richer. It would only lead lead to a perpetuation of existing social hierarchies rather than fostering genuine meritocracy. Individuals who are less influential but create high-quality content may find it challenging to gain traction if their work is consistently overshadowed by more influential users. I’m not saying i myself give quality content but even if i did, i could chat all day and gain nothing.💀
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Jason Goldberg
@betashop.eth
You can buy fan tokens of those who are more successful at it and participate in their earnings!
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Ramsey 🎩🤝
@ramsey
But you don't participate in their earnings, right? I only get Moxie as direct consequence of my casts and subsequent engagement. If I was to not cast anything today, I'd get no rewards for today. Right?
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Wellzy 🎩🏰🍖✞
@wellzy
Correct but the better their token does, the higher your holdings value. Most are a good bit higher than the winning auction clearing price.
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Ramsey 🎩🤝
@ramsey
But that's not participation in earnings. That's simple market trading.
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