Repeatedly rewarding “being early” is like masturbation.. feels good, but ultimately you’re fu*king yourself (and hindering growth)

I like running, poker and oysters | Founder, Social Forensics (SocialForensics.com) | Berkeley & UPenn | Learning to listen

Now I can't "unsee" this analogy 😆

It's not so much the repetition but the huge amount of this reward. There's almost nothing left for the "latecomers".

1. The whole point of rewarding early is supposed to get people to have skin in the game of an app or network when they have no rational reason to have skin in the game - by design, rewards diminish over time in proportion to the decreasing network need for bootstrapped attention

2. We don't really use it like this, we generally just do the first part and skip the whole "make a network or app valuable enough so you don't need to pay people to use it" because that part is really fuggin hard

3. Tokens don't make things better, they just make them faster

hmm we go farther, regardless. 888 $farther