Moxie Official

Moxiesplaining Journal Day 4: Valuing Attention

The 90-9-1 rule of participation inequality in social networks is well-known. 90% lurk; 9% contribute occasionally; 1% create. 

While creators (1%) get the fanfare, *all* these roles contribute valuable time + attention to the network.

Moxie Fan Tokens can:

- reward the value contributed by occasional contributors + lurkers 
- reduce the grind for creators

Any of these roles can buy (or be gifted) Fan Tokens to align their self-interest with the success of entities in the network.

Everyone can opt into the rewards loop. Not just top creators. 

This reduces systemic pressure to compete for limited attention. 

Lurkers who don't want to be creators can hold Fan Tokens and just enjoy lurking.

Creators + occasional contributors who hold Fan Tokens can contribute as they see fit, and take breaks when they want.

Brilliant.

(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 3: Rethinking Narratives

Observing Moxie Fan Token value flows is prompting me to rethink the mental models of “supporting creators” and “monetizing an audience.” 

Fan Tokens don’t fit charity or patronage models. Buyers aren’t donating or becoming patrons. 

Big Moxie rewards earners who don’t yet have Fan Tokens get nudged to launch them, because benefits can flow to their followers and the FC network when they do.

Holding Fan Tokens isn’t a loyalty test, either. 

It’s OK to sell; it's necessary to realize gains. It’s part of the mechanism design. Creators receive a 2.5% fee from every sale. 

They also benefit from holding other entities’ Fan Tokens.

So how much of buying/selling Fan Tokens is motivated by altruism, and how much by self-interest? 

It's not obvious.

Perhaps that's the point.

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

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

For those who missed Day 3 and earlier:

https://warpcast.com/danicaswanson/0xfa3d3c25