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phil pfp
phil
@phil
I just learned that a reply from my account is worth ~$30 in Moxie, which is about 4x the federal minimum wage in the U.S. This explains the prevalence of bots and reply guys lately. Overall, I have mixed feelings about this development. On one hand, it feels harmless to airdrop free money to people simply for engaging. On the other hand, it has a distorting effect on social interactions that makes it hard to know what is genuine. I also feel kind of gross that something called a “Fan Auction” was launched using my likeness without my consent or approval. I’m not sure what the financial implications of that are, but it certainly wasn’t enough for me to say yes since it involves my reputation. I’m not sure what to do. I don’t want to stop using the app and I’m obviously benefiting from the system, but am deeply conscious of the precedent my behavior will set for others.
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Abbas🎩👾
@abbass.eth
I bought about 10% of the total supply of your Fan Tokens. It's literally just a share of what you earn in Moxie >> 20% of your earnings. Could be used later as jason suggest in things just like hypersub. Also, your reply for someone with Fan Tokens auctioned is around $4.50 now. It was about $30 before.
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Samir 🎩
@0xsamir
exactly but i like to add that the Fan token stuff is bigger than just taking 20% of earnings, it will be connected to many other stuff like channels, raffles, airdrops. Also the 20% doesn't go to the fan token holders they are burned so the fan token price will increase so the holder benefit from that.
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