follow-friday

Impact

The goal is to accelerate the transition of Farcaster from an attention-based network to one based on impact - so that anyone who creates something that benefits the ecosystem would be rewarded for it based on the value it brings to the network (and not on engagement/follower count) 

Over time we'll be adding more tools and features to Impact App to reinforce those dynamics, starting with the curation market we're creating now.

More here: https://paragraph.xyz/@abundance/what-is-impact

it's /follow-friday 

i'm re-recommending @abundance...he's one of the best thinkers and writers on decentralization on all of Farcaster, and is building something very compelling in /impact 

please follow and read him!

Working on /impact ||


Abundance Economy book: book.abundance.id

techno-optimist. dance music lover + founder of /campfire 🎧

ig: https://instagram.com/beatsbydownshift

I second this recommendation. I've been following Mike for quite awhile and I love his thoughtful takes. 

I've subscribed to his Paragraph newsletter and I also plan to start reading his book soon.

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

I don't know if you're interested in having Moxie Fan Tokens, Mike, but if you do decide to set up an auction, I'll bid without hesitation.

Much appreciated Danica! 💜 

But I'm just a small fish here. Would take me more effort to figure out how to set up an auction than any benefit that might come out of it 😅 

Also, probably wouldn't do it until Moxie has a more sustainable tokenomic model - not just an engagement ranking algo w no value capture..

As you wish, of course!

Your hesitation makes sense in the context of what you've written about the shortcomings of engagement metrics in general.

I do think Moxie is headed in the direction of sustainability from what I've seen of the roadmap, but of course it's still early and much remains to be seen.

You don't see a path to sustainability for Moxie without changes to the mechanism...? 

Now you've got me curious and totally nerd-sniped. I'm gonna go back and review the docs again soon so I can think about it some more and maybe return with some questions for you... 😄

Yes, if Moxie was more sustainable everyone in the ecosystem would benefit for sure! But they'll need to tweak their mechanism to get there. I don't see a sustainable model atm, based on their whitepaper/roadmap.