Impact

Degen

2️⃣ Is Tipping Still Effective?

Tipping was one of the best marketing strategies early on. It got DEGEN into the hands of new users, helped spread the brand, and encouraged people to recruit others.

But the momentum seems to be slowing:
	•	In Season 11, only 565 new wallets (that never received an airdrop before) got DEGEN.
	•	Yet, we spent $1M worth of DEGEN in that round.
	•	That means it cost $1.7K per new wallet to onboard someone via tipping.

That’s way too high for an acquisition cost, especially when there’s no guarantee that new wallets will stick around and engage long-term.

If we’re mostly redistributing DEGEN to the same users, does tipping still make sense as a growth strategy? Or should we rethink how we use the treasury?

Degen spent $1M worth of $degen in S11 while only 565 new wallets received the token.

Meanwhile, Impact Fund in its first Season alone is distributing $degen to 1460 impact makers on Farcaster, including 61(!) users who currently don't have a wallet connected to Farcaster... and we're just a small project that barely gets any recognition either on Farcaster or on /degen 

@jacek noted that "We need to ensure DEGEN’s distribution is efficient, sustainable, and actually driving growth"

Well, /impact and @impactfund are proving to be the most effective way to drive real growth for both Degen and Farcaster. /impact curators ensure that only quality content is rewarded, not farming or T4T.

The Impact Movement will continue to prove that the Proof of Impact narrative is much stronger than merely looking at engagement. 

Let's continue building the impact = profit economy ✊