here is significantly updated information about how Moxie Fan Token Auctions work according to the smart contract

Simple Guide to Fan Token Auctions

Read carefully and let us know if any questions!

Please 🔁 recast for visibility

https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions

Working on Moxie at Airstack| airstack.xyz | moxie.xyz | hihi! 


this is a really solid and fair way to so the auctions btw 👌 no alpha by being early or late to the auction, just market based price discovery

Building FOSS via @frames, /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

Agreed that it's better than most bonding curve starts but ... you're kinda early by definition if you're part of the auction. 

If you miss the auction you sit on bonding curve like with most web3 products. So let's see ...