Alex
@alex-gedevani
https://paragraph.xyz/@capsules/social-media-is-the-new-sports
1 reply
0 recast
3 reactions
tldr (tim reilly)
@tldr
The problem w “fantasy social” seems to be that no one actually cares about the outcomes of the underlying thing that is being gamified. Eg, while I very much care if my team scores more goals than yours in soccer, I dont actually care if Dan gets more likes than V. So I can bet on it, but only the bet itself gives it meaning. (I believe this is bc there are not clear definitions of “victory” in social itself, as there are by nature in sports games)
1 reply
0 recast
3 reactions
Alex
@alex-gedevani
i think i see your points. social doesnt have "victory" defined but it can broadly measured by attention on a relative basis. anyone can technically have the most popular performance in the world which makes variability w less constraints exciting even without fantasy top, how much the market cares about creators is measured by social virality. since card ownership was introduced, i also care about attention/scores bc this improves LT value of the cards, it's a way to go long a creator's success (example below) so i think ownership is what gives meaning here. over/under prediction games on specific tweets that are meant to be on one off events have less of that
0 reply
0 recast
1 reaction