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gabe 🎩
@gabrieltemtsen
@betashop.eth I’d like to suggest reducing the minimum Moxie split for channels and Farcaster network fans to around 5% each or there about. This way, we lot can focus more on rewarding our direct fans and encourage greater adoption to the FTs. Prioritizing our loyal supporters will help make our Fan tokens more impactful. It would be great to see what other MoxieMaxis think—maybe a poll could help gauge the community’s opinion on this suggestion Thanks!
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gatedude.eth
@gatedude
Hey fam, I think that's a good idea but here's what I think about it: Tho, it's true that if @betashop were to reduce the minimum Moxie splits for channels and Farcaster network fans to around 5% direct fans would benefit as there would be increased rewards for direct fans. And yeah, that would also encourage users in Farcaster to purchase or adopt fan tokens; and also that would make fan tokens more impactful. Still, I'd suggest you also consider the downside. If @betashop were to implement this; it would affect the network growth negatively since there'd be reduction in revenue for channels and Farcaster network fans. So, here's my suggestion: First, there should be a tiered reward system that offer Hugh rewards for loyal supporters and it's better if you adjust the Moxie percentage based on fan engagement . And try offering additional rewards for meeting some specific milestones;
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gatedude.eth
@gatedude
so if there's an equal amount of rewards between direct fans and network growth like Farcaster channels and all, it's a win win for both sides. And the most important thing is to be fair with the distribution process. Also, here's what you should take into consideration: Try rewarding active fans based on their comments, shares and content creation; and high quality and original content creators should receive a high distribution of MOXIE. high content quality= higher MOXIE And try rewarding long term supporters; for instance @maretus.eth is rewarding people who has the highest streak for a 100 day period. And try maintaining the value of your token by controlling the supply. Also, the distribution process could be: content creators get 30-50% for producing high quality contents; mods gets 10-20% for maintaining community standards, active fans get 20-40% for their engagement and participation.
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gabe 🎩
@gabrieltemtsen
I don’t think it would affect the network growth when we have more than 500-1k users with fan tokens m Earning on a daily basis giving out 5% to channels and farcaster Nah! I think it’s better the Fan Token holders enjoy more benefits!!
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