Base Colors

Base Colors 🤝  Warpcast Rewards Leaderboard

If you finished in the Top 100 on the Warpcast Rewards Leaderboard last week, you just received a 1/1 color as a reward. Straight to your Warplet.

Launch the Base Colors frame below to view your color and hit the pencil to give it a 1/1 name. https://frame.basecolors.com

The top 100 on the Warpcast Rewards leaderboard last week just received a Base Colors 1/1 NFT straight to their Warpcast Wallet! 

Permissionless rewards 🔥

Developer ecosystem @farcaster, co-founder @bountycaster. Previously: co-founder of Scalar Capital, product at Coinbase, co-producer @ethereumfilm

Love this idea! But the leaderboard algo should be more transparent. Sure you're permissionlessly rewarding users, but a private company is still deciding who gets rewarded

Id argue that gaming the system is an inevitable challenge whether the algo is public or private. The real challenge is designing incentives that align user behavior with the intended outcomes. Without transparency, we have no way of verifying what the actual goals are beyond retaining existing users and driving DAU growth. We also can't assess whether the system is working as intended, or if the private algo is truly fair for everyone

I don't have full context on that yet but imagining that it's to prevent gaming if people know the algo, how do you balance people trying to game if the formula is public?