Farcaster

A reminder on channels

- Channels are *not* decentralized yet

- Do not squat channel names with the intention to sell them to brands later; this is extractive behavior

- When channels are decentralized and incorporated into the protocol later this year (likely onchain!), then you can do what you want! Just like FIDs

What’s your take on incorporating a mechanic like this into channels?

I think this provides a solution to the downsides of squatting while generating protocol revenue, and being configurable on an ongoing basis

What’s your take on incorporating a mechanic like this into channels?

I think this provides a solution to the downsides of squatting while generating protocol revenue, and being configurable on an ongoing basis 

https://docs.google.com/document/d/1gsDO67VVxyhIyz2p8XyHfEKwYWjMgG6_NsFN3jcy5Vs/edit

Values-Aligned Communities | citizen of Black Rock City

I think another piece here could be that channels (and fnames) have an original sale price based on something like Page Rank

Possibly. I'm more in favor of doing the work to remove value from squatters. You can't get 100% but I view squatting as immoral. You're benefitting from someone else's (in this case the protocol's) hard work for personal gain with minimal work or financial risk.