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.

I write about tech + politics + humans. Farcaster OG. FID 3305 founder of /theindex 

https://linktr.ee/joanwestenberg

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.

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