I see people point to the Moxie chart as a reason for it being a failure or something, IMO this does not make sense.

The median Moxie participant is a Farcaster user who never touched the protocol and just sells their airdrops and rewards. This median participant has exclusively made money and overall has had a good experience with Moxie. 

In this way, Moxie is a wealth transfer from Airstack VCs to Farcaster. Great for the ecosystem

People complaining should learn Moxie in-depth. If they knew how to buy Fan Tokens and how their price increases, it would compensate the small price decrease.