🍷 on Warpcast

Graeme pfp

The main reason that Stack had so much volume this week was that a lot of people came over from Solana, after Clout didn't work so well in practice. All of the analytics point to this. Our approach was very pro-social, because 1% of all volume is given automatically to the underlying account, as well as 30% of the tokens dripped over a year, without the underlying account needing to do anything. We did $8m on Base in one day without any technical issues, and we sent hundreds of thousands of dollars in value to Ethereum addresses this way. But something that I have to say, because it feels a bit alienating, is that a lot of people in the ETH community kinda had a go at dunking on us. People logged on, saw $80 in their portfolio, and said "meh, this is confusing" – even though no app in history has probably ever done that before for a new user. Kinda sad that after 8 years of building on Ethereum, it's harder than ever to feel motivated to build for its community members.

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Nick pfp

I hear where you are coming from. However, tokenizing people’s likeness without their consent is both a really bad anti pattern, and something we explicitly learned people felt bad about in the last n socialfi cycles. If you can ship an update that requires opt-in, I think I will make a world of difference

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🍷 pfp

A verification process could be nice as an add-on (not a blocker to profile creation) but I don’t see why this is any different from creating a polymarket bet on whether Jesse or Dan will have more followers on warpcast in 10 years. Neither Jesse nor Dan would have given consent to using their names, nor would they earn any of the trading volume on polymarket. Stack is an n-person reputation market instead of 2, and all of them get real $ value sent to them automatically.

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katsudoon pfp

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