Jason Goldberg Ⓜ️ 💜 on Warpcast

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Jason Goldberg Ⓜ️ 💜 pfp

Jason Goldberg Ⓜ️ 💜

in a couple days we'll release the schedule for the initial Farcaster Fan Token Auctions using Ⓜ️oxie protocol! In this cast I explain some of the how, what and why on Moxie Fan Token Auctions👇 Auctions will take place in frames on Warpcast The entire schedule will be posted on airstack.xyz The number of Fan Tokens available at auction = 10% of the Member / Channel's followers Any Farcaster Member with a Moxie Pass can bid Bid using Ⓜ️oxiedrop tokens or any $MOXIE acquired from exchanges Everyone whose bids clear get the Fan Tokens at the same price; the auctions enable fair & efficient price discovery 90% of proceeds go into a bonding curve to ensure continuous liquidity. The bonding curves are logarithmic favoring utility vs. pure speculation 5% goes the Member / Channel owner in the form of their own Fan Tokens 5% are protocol as fees, burned We'll start w a curated schedule. Soon anyone can schedule their own auctions The screenshot below is direction, not the actual schedule

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Jason Goldberg Ⓜ️ 💜 pfp

Jason Goldberg Ⓜ️ 💜

this link contains the 411 on Fan Tokens, including the details on the Auctions https://build.moxie.xyz/the-moxie-protocol/moxie-protocol/fan-tokens

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👑eiteen go🚀 <3 pfp

👑eiteen go🚀 <3

I have one very important question. In Dan's AMA yesterday, he said that even if reactions accumulate in the Farcaster storage, there is no need to update it, but in Moxie, even if past reactions are deleted, will this have any effect on my points or the points of the person who gave me a reaction? https://warpcast.com/dwr.eth/0x68973d70

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dd8🎩🎭 pfp

I'll have to study up on how auctions work. Can I trade FAN TOKENS freely after the auction is over?

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@baseddesigner.eth

fan token sounds fun for a team or company

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👑eiteen go🚀 <3 pfp

👑eiteen go🚀 <3

Will the auction start simultaneously for all channels?

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vsck pfp

exited how those auctions play out 🍖x100

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Push 🎩🤌🏻 pfp

Push 🎩🤌🏻

So anyone right? I can set it up for my profile + channel right?👀🖤

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Maretus pfp

I’m so hype for this. I can’t wait to implement with /success. If the group chat is anything to go by, people are very excited.

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Ako pfp

You just make me inspired and Ⓜ️oxiexcited :)

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Ox.crypto pfp

All i can say... Ⓜ️oxiecited!!!!!

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Hands Of Gold ⚽🏘️🎩

Hello Jason, quick one, can someone transfer fan token to another user, and can I own more than one fan token from same channel or member

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Melissa Burr 🍓 pfp

Melissa Burr 🍓

Will we need our own channels to have our own fan tokens? Or will our fans benefit from any casts we make?

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helladj™ pfp

Moxie fan token auctions?

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SchmRdty.eth 🎩 pfp

SchmRdty.eth 🎩

I’m curious about this and how it’s going to differ in feeling from cards. Not trying to fud, I’m big on airstack was bummed to not be able to use for my last two frames. Maybe next one.

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🌈 YON pfp

how do we get curated? 👀

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Edward pfp

Interesting developments! Diving deeper... 200 $DEGEN

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dan san pfp

OH!!! I'm very confused about which fan tokens to buy! If you have any recommendations, please let me know again 🥰.

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