99.99% of the posts on warpcast are garbage. The reason for this tragedy is the reward rules of the degen channel, which will only lead to a large number of witch teams forming alliances to like and comment on each other to share the degen point token rewards. This is an extremely stupid and bad economic model design.

The economic model of the degen channel is to reward the witch team and eliminate the real valuable content. The economic model adopted by the degen channel,

which is to reward tokens for posting comments and then liking them, is not new at all. It is completely copied from the models of some project parties in 2018. They all failed.

Farcast must change this stupid economic model, especially the reward model for posting on channels such as Degen, which will lead to a large number of witch accounts.

I hope that the Farcast project will make changes immediately, otherwise Farcast will soon fail and become a garbage dump platform. I hope Farcast will grow and develop.