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rish
@rish
possible to now deploy tokens with a single API call https://docs.neynar.com/reference/deploy-fungible - no gas / nonce management - no contract creation / deployment - no solidity call a REST API with the right params and it will deploy a token on with @wow factory on @base @neynar pays gas costs so the API is allowlisted right now, reach out if you want to use 🪐
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Papajams
@papa
@colin @reidtandy - writecoins 👀 @xenbh.eth - quotecoins 🤔 💭 spitballin here 🫠
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Colin
@colin
what do you think would be the best usecase of tokens on Paragraph? Either Paragraph-wide token or creator tokens
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Papajams
@papa
I like kompreni's take on using tokenisation to incentivise people/community to build on an initial premise / idea. For instance: https://warpcast.com/kompreni/0x0f79bbb9. But instead of this jobs format (more startup minded) a writer might incentivize other writers/creators to take an article like this one (https://paragraph.xyz/@papajams.eth/farcasters-ai-bot-token-launchers) and expand on it to fulfil needs like this: https://warpcast.com/slokh/0x8af285b9, or reimagine it in different formats for wider distribution & to create a bit more of a universe around the great ones. There's some fun to be hand around incentivising serialization too i reckon, set some kind of bounty (in tokens that only appreciate in value if the eventual cohesive output is engaging), then probably the OG author decides which of the available forks to go down (as opposed to governance) 🍖 x 100 10 $nogs
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Colin
@colin
I like this idea a lot and it sounds similar to remixing: https://warpcast.com/colin/0x40816a62 But, where exactly does the token/tokenomics come into play? Each post will be an ERC20 instead of ERC721 and some amount gets shared with remixers of the post? Or some generic creator token gets distributed based upon the successful/popular remixes they create?
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Papajams
@papa
One token mode @carter introduced which i liked: https://warpcast.com/carter/0xfa957bfb In this instance the mother meme/channel is writing (on paragraph) as the OG source upon which podcasts, tik toks etc sprout, but feed back to the core "asset" - akin to the generic creator token distribution based on popular remixes. Another token mode is to lean into the prediction market meta. I immediately think of reddit where 'due dilligence' writing is used in hopes of persuading others to invest into certain positions, the ones where the author combines their intellectual with financial capital (on the line) have more gravitas/weight. There's probably something in the longbets approach thats less degen e.g. @macbudkowski hypothesises circa 20% adoption is when we get the next instagram:: https://kanfa.macbudkowski.com/onboarding-next-billion-users-ethereum convincing argument/thesis - pretty sure a market could form around that with competing views
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Papajams
@papa
Great pod riffing on that prediction market integration idea. I could imagine an aggregation of strong signal content (i.e. writers with some kind of skin in the game) around specific topic areas. If I could collate the most high conviction takes on stablecoins for instance from onchain writers in Argentina, Kenya, etc that would have value. Also, for $paragraph specifically, consider the idea it doesn’t have monetary value, but earning more unlocks product features around distribution (see how kiwi // rawanon & anonbangers curate the best content). Currently the feedback loop for writers is binary, did anyone mint (good) or not (bad). Tokens could introduce gradation / spectrum. You earn some over time for instance, but if it’s too AI that amount is really little, or if it’s just huge chunks of text etc. Cool way to guide content. Random thoughts while running 100 $degen 10 $hunt 10 $00 🍖 x 100 10 $nogs @tipothehat 🎩
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