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eunika🍒
@eunika.eth
Why tho
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✿ ZACH HARRIS ✿
@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 days… And to your point mine kind of suck. Remember: dank vs dank memes @proxystudio.eth and @dish created a circular economy overnight that’s a PLG hook for more clanker deployed… a flywheel anchored around an aligned profit motive. To me, that’s pretty cool.
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eunika🍒
@eunika.eth
I’m so confused
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KMac🍌 ⏩
@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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KMac🍌 ⏩
@kmacb.eth
oh yeah last step Repeat
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artlu 🎩
@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 🎩
@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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artlu 🎩
@artlu
or, glorify the nihilistic thought leaders who see ponzinomics all the way down as well as all the way up and shrug b/c this is how crypto was in the last cycle, and the one before, and the one before, just more virgins to dump on each time
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✿ ZACH HARRIS ✿
@zachharris.eth
But I am long on Clanker because I see it as a market maker (without more realistic judgment) that is collaborative and shares in profits, but with a lower barrier entry that can be iterated on and refined to weed out bad actors exist in a more mature financial market. Just remember Token Bot is like 14 days old. I think at this infantile stage of Product. There’s a lot of iterating and community shaping that can be done.
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