JA Westenberg pfp
JA Westenberg
@joanwestenberg.eth
my thesis: tipping and social engagement tokens would reward creators. the reality: tipping and social engagement tokens are consistently and ruthlessly gamed by noise generating farmers who don’t give a fuck about the creator economy. and their bullshit drowns out the creators.
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JA Westenberg pfp
JA Westenberg
@joanwestenberg.eth
because there’s no belief in the mission, because they’re just farming a token - instead of giving a shit about content or creators - they dump the token constantly, meaning there is no reason for people to invest in the token or in creators, and meaning creators earn pennies if anything because the price keeps crashing.
3 replies
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JA Westenberg pfp
JA Westenberg
@joanwestenberg.eth
anyway, this is me saying I was wrong. not blaming tokens. not blaming projects. blaming the state of crypto right now where every good project is ruthlessly shitfucked and drowned by low quality farmers and earners who are completely at odds with any and all positive crypto ideology.
1 reply
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aferg pfp
aferg
@aaronrferguson
That’s what ignoring, mute and block are for - or as I call them: the cold cut trio
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Sophia Indrajaal pfp
Sophia Indrajaal
@sophia-indrajaal
Any system can get gamed, trick is to bake that in so to speak. Although, ngl i don't really quite get what's going on in this place lol
3 replies
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