Moxie Official

Moxiesplaining Journal Day 24: Selling Fan Tokens

What happens when people sell Fan Tokens?

I haven’t sold any yet, and don’t plan to for quite awhile. I plan to lock when Moxie Power launches.

But selling is the only way to realize gains, so I imagine most people will sell some of their holdings sooner or later.

When that time comes, what factors affect the outcome?

A few that come to mind:
- every token sold slightly reduces the price for the next buyer/seller
- 5% fee (2.5% burned; 2.5% to the Fan Token entity)
- taxation (e.g., cost basis and capital gains tax on profits)
- slippage (how to estimate?)

In some cases it looks like sellers end up with a loss when they were (presumably) hoping to profit.

Even after reviewing the docs I still feel unclear on what people end up with when they sell, so I'm hoping to learn in public. 

Thoughts...?

(NFA, of course).

(Moxiesplaining Journal is a daily window into my observations, learnings, and the view of Moxie from where I sit as a writer + editor).

airstack

Moxiesplaining Journal Day 23: Rewarding Channel Founders + Mods

With big changes to channels on the way, I'm pondering how Moxie Everyday Rewards + Fan Tokens could be used to facilitate sustainable business models for channels. 

This includes rewards for bootstrapping + moderating channels.

As a forum mod myself, I’ve seen forums go under because they lacked sustainable ways to retain good mods.

For those who haven't tried it, it’s hard to fathom the Herculean effort required to build + sustain a *good* community that attracts quality contributors. Even for small communities, it's a heavy lift.

Using Fan Tokens for channel membership can align contributors' interests without token-gating content (anyone can still read).

Moxie offers economic levers that can be used to reward work that’s already being done but not capturing much value. 

That's a major unlock. 

(Moxiesplaining Journal is a daily window into my observations, learnings, and the view of Moxie from where I sit as a writer + editor).

If you missed day 23 and earlier of this 30-day experiment, you can catch up starting here:

Writer, senior editor, music nerd, GenX eldergoth, monastery-bootstrapper. https://paragraph.xyz/@danicaswanson https://tinyurl.com/Black-Stone-Wordsmith

If you missed day 23 and earlier of this 30-day experiment, you can catch up starting here:

https://warpcast.com/danicaswanson/0x5fde5ca5