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Content
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phil pfp
phil
@phil
I just learned that a reply from my account is worth ~$30 in Moxie, which is about 4x the federal minimum wage in the U.S. This explains the prevalence of bots and reply guys lately. Overall, I have mixed feelings about this development. On one hand, it feels harmless to airdrop free money to people simply for engaging. On the other hand, it has a distorting effect on social interactions that makes it hard to know what is genuine. I also feel kind of gross that something called a “Fan Auction” was launched using my likeness without my consent or approval. I’m not sure what the financial implications of that are, but it certainly wasn’t enough for me to say yes since it involves my reputation. I’m not sure what to do. I don’t want to stop using the app and I’m obviously benefiting from the system, but am deeply conscious of the precedent my behavior will set for others.
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
Hi @phil 1st, my apologies background: Moxie enables "tipping" to automatically happen through organic behaviors - likes, replies, recasts, frames. Tipping "allowance" is determined by Far Score - indication of influence While there's been a surge of replyguys moxiebating, it'll settle. Most people, like yourself, wont change any behaviors. This stuff happens every day on Instagram, Twitter, TikTok where influencers get tons of replyguy replies in hope that they'll engage, giving the replyguy clout. Influencers ignore it, & it forces the platforms to evolve & do better at filtering good replies from baiters. same will happen here wrt your Fan Token. We launched ~400 Fan Tokens initially curated by our team. >90% were explicitly requested. The only exceptions were very large "celebrity" accounts (you have 400k followers), so members could back their favorites and participate in your success. 3 users asked to cancel their FT auction and we did so immediately. Since 1 week it is self-service only
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Metaphorical pfp
Metaphorical
@hyp
The goal is on target: pay content creators for creating good content, and they should get paid through likes, comments, etc and interactions from genuine users (this is, after all, how content creators make a living from, say, youtube). The difficulty is in figuring out who is genuine. When there is skin in the game for the audience, things get muddled. At some point funds have to come from someone willing to pay for attention that the creators create, like advertisers. This seems like the long game, but a few hurdles in the way yet. What is the goal, to have advertisers pay for fan tokens, or maybe for fan tokens to be like a subscription, and advertisers pay for sponsored posts in Moxie?
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