everybody who is saying we should lower the neynar requirements, which of the coins on Larry do you think would have succeeded without that limit?

@df @stephancill Let's run through a hypothetical case.
If there's a leak of @barmstrong's dog's name, Clanker, Larry, and Cabal will all launch tokens the same time. Cabal token lose legitimacy instent due to unfair initial distribution. retail won't buy them.

The current situation is: Clanker dog, everyone has an equal opportunity to buy at launch. Larry dog, high-score users get to buy first, low-score users can only buy on the secondary market. 

This approach on Larry is essentially no different from VC distributing tokens to insider first before dumping on retail later. Due to the discrimination against low-score groups during the token launch phase, Larry dog lose legitimacy. 
Retail will only support the tokens with the highest legitimacy aka. fairest Initial distribution.

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id