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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
have you taken time to learn about Moxie Protocol yet? Moxie Fan Tokens are very different from meme coins. Let me tell you why 👇 Moxie Fan Tokens are carefully designed to favor using them vs. trading them. First, only Farcaster Members can purchase Fan Tokens and must have a soulbound Moxie Pass. Second, Fan Tokens are initially sold via batch auctions that ensure that the existing Farcaster community can all buy-in to support their favorites at the same fixed price. Third, following the initial auctions Fan Tokens are only purchasable or sellable via the Moxie Bonding Curves which are logarithmic curves that don't allow for speculation. Fourth, Fan Tokens are all about utility; if you sell it you lose access to features and benefits. Finally, there are no secondary markets possible for Fan Tokens. learn more moxie.xyz
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dd8🎩🎭 pfp
dd8🎩🎭
@dd8
Yeah~ I think FanToken is really well-made. Everything about it, including revenue sharing, the auction system, and the bonding curve, is outstanding. I have a question about the auction. I'm curious about what happens if there are multiple winners. If there are 100 FT and the clearing price is $5 bids of $6 for 90 units and $5 for 20 units (each of the 20 bids from different people) will the remaining 10 FT be allocated randomly among the 20 bidders?
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