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Anchal
@anmworld3
Key takeaways from the panel 2 on "Building Communities on Farcaster: Progressive Ownership for Communities" 1. Tokenization can empower communities - but it’s not a shortcut. - Rewarding real contributions drives engagement, but hyper-financialization risks bots and misaligned incentives. - The strongest models focus on participation, not speculation. 2. Culture drives lasting communities, not only tokens. - Bitcoin and Ethereum succeeded by fostering cultural shifts, not just financial incentives. - Subcultures create stronger alignment and outlast hype cycles.
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Anchal
@anmworld3
3. The future depends on cross-pollination. - As Web3 communities multiply, structured ways to share between them will be critical. - Without it, fragmentation will limit long-term growth. 4. For community builders: clarity, purpose, and persistence matter. - Define values and mission early. - Build real relationships before introducing financial incentives. - There are no shortcuts—success comes from thoughtful design and sustained effort. CC: speakers: @humpty.eth @eriks @shazow.eth @phil | mod: @gloriakexinwu Communities can be more than just engagement - they can be economies, cultures, and movements. You can watch recorded panel here for more insights: https://www.youtube.com/watch?v=xEqSIu8eYv8
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GBM Auction
@gbm
Thank you for sharing the insights and the video link!
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