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Shira Stember pfp
Shira Stember
@shira
These numbers are wild! And make @bigdegenenergy.eth a HIGHLY coveted person to engage with. How will this change our experience/behaviors? πŸ€” Who are 1-4 and what do their stats look like? πŸ€‘ How long can the token economy support this? ⏳ Check out your score in the frame made by @greatgambino.eth
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bigdegenenergy.eth β“‚οΈπŸŽ© pfp
bigdegenenergy.eth β“‚οΈπŸŽ©
@bigdegenenergy.eth
What are your thoughts?
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Shira Stember pfp
Shira Stember
@shira
I started digging into the white paper. I still need to spend some more time with it, but this is I how I think it plays out: - "Free" Common Goods Engagement Mining Rewards (which I think is what we are all β€œearning”) are temporary with a fixed allocation of the overall token economy - In the future the amount of moxie we will earn from the protocol will decrease - The hope is that 3rd parties (brands, advertisers) will start to engage with the protocol and begin offering rewards which will take the place of the protocol rewards - I imagine that the hope is that at the same time the value of the token will increase due to increased demand/utilization coupled with deflationary mechanisms - So while the amount of moxie earned from the protocol will decrease but the actual value of what we earn from 3rd parties will hopefully stay flat as brands will know how much to reward or even better it will increase as more money flows into the network and they compete for our attention
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bigdegenenergy.eth β“‚οΈπŸŽ© pfp
bigdegenenergy.eth β“‚οΈπŸŽ©
@bigdegenenergy.eth
so without 3rd party interest, this thing goes on life support. in a nutshell. I guess they could pivot somehow. I figured they would stop burning their fees eventually. I knew the engagement mining rewards would eventually dissipate. Thank you for posting this. I would be interested to hear any other thoughts you might have after further research.
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Block.base.eth πŸ”΅ pfp
Block.base.eth πŸ”΅
@block1337.eth
most likely, Moxie will attract investments from projects that are already on warpcast, it seems to me that they are preparing something, Optimism allocates some good grands to projects that are being built here, I think we will see several announcements in these 3 months of token blocking, because this is not done just like that . They clearly have a plan, the question is what
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