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eunikaπ
@eunika.eth
Why tho
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π‘ π π€ π π°οΈ
@zachharris.eth
Uh, do you need a reason for fun? FWIW, already received over $4500 in rev share fees as a deployer from the tokens in 13 daysβ¦ And to your point mine kind of suck. Remember: dank vs dank memes @proxystudio.eth and @dish created a circular economy overnight thatβs a PLG hook for more clanker deployedβ¦ a flywheel anchored around an aligned profit motive. To me, thatβs pretty cool.
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eunikaπ
@eunika.eth
Iβm so confused
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KMacπ β© γ
@kmacb.eth
it goes something like this launch a token w clanker make sure you & your friends get in early promote it to everyone else dump on them slowly as price climbs laugh at them as you get a 10x gain & they lose 90% collect deployer rewards laugh more at them Laughing optional
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KMacπ β© γ
@kmacb.eth
oh yeah last step Repeat
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artlu π©
@artlu
this is one way to do it and all the social scores and data-simplifier-social-trading-platforms tried so far do nothing about this (and they probably worsen it) fortunately onchain reputation is part of the flywheel smart devs need to build (what? my thoughts in next cast)
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artlu π©
@artlu
instead of social scores (based on followings + low-cost interactions) and PnL's (path-dependent, poor predictors of future results, survivorship bias glorifies excessive risk that for most will lead to ruin), it is possible to surface onchain reputation for: - early actors (who are investing in the nest of snipers, rather than piling on and window dressing) - diamond-hand and paper-hand scores (which run counter to PnL and hit ratio) - identify cabals via web-of-value-transfers and coordinated active wallets TradFi professional money management has dealt with this for decades; it's time for our little corner of crypto to speedrun the learnings
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@zachharris.eth
To build on this point echo chambers exist in traditional centralized social as well - algorithmic bias is not that different from FOMO derived from interface copy trading bias
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