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Moxiesplaining Journal Day 28: Channels + Fan Tokens = Moxie utility
I’m excited about the changes on the way for channels. Especially the option to use Fan Tokens for channel membership.
Why?
- Gives channels a built-in economic model to reward the time, labor, and attention of *all* contributors (founders, moderators, curators, active member-owners, and read-only followers who hold channel FTs) without requiring:
1) paywalls for content, or
2) monthly subscription fees.
- More utility for FTs + good channels = increased demand for FTs and better long-term sustainability for Moxie.
- Owners can choose how many tokens to require for membership, and can decrease that amount as desired to adjust for price increases (i.e., make the channel more economically accessible).
- Easier spam filtering.
Even skeptics may come around once they see this model in action.
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(Moxiesplaining Journal is a daily window into my observations, learnings, and the view of Moxie from where I sit as a writer + editor). 5 replies
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