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Coop
@coopahtroopa.eth
One of the hardest parts of running an onchain distribution business is that everyone is competing against one another to capture a platform or referral fee instead of working together to maximize the success of a mint. The focus is on getting someone to mint on your front-end vs there being incentives that reward impact on a mint as a whole. Big opportunity to flip the design space away from front-end mint fee to rewarding impact on a viral mint and who provided the most volume. Theoretically - the bigger the mint, the more all parties should be rewarded for their contributions in making that market successful.
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Dan
@seyex.eth
Well said coop Imagine if instead of getting paid just for where someone mints, you get rewarded based on how much you helped the whole thing blow up. The more successful the mint, the more everyone who helped gets paid! So, the focus should be on making the mint huge, not just trying to get the fee on your own site. i don’t know how we can make people work together though
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Garrett
@garrett
Wouldn't you still track impact of a viral mint and who provided the most volume via a front end or a referral link? How else would you track this impact or volume?
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DavidBeiner
@db3045
he’s scheming 1000 $DEGEN
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law
@traguy.eth
I love how you're thinking outside the box and recognizing that the current competition-focused approach is limiting the potential of the mint. It's like trying to build a puzzle with pieces that don't quite fit together. The idea of rewarding impact on a viral mint is genius tbh It's like you're saying, "Let's flip the script and make it in everyone's best interest to work together to create a massive, successful mint." What do you think would be the most effective way to design this new system? Would it require a fundamental change in how minting platforms are structured, or could we create incentives within the existing framework?
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Estelle
@hugglemonster
Sigh, sadly I believe competition is something that can’t be avoided, and if the day we’re humans and not everyone is as forward thinking as you coop
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