jtgi
@jtgi
I think open markets are generally bad for early stage communities and ventures. Massively distracting. Attracts speculators, activist 'investors' and unaligned people. Distorts incentives if things go too high or low. Financializes your culture and centers your movement irrevocably around price. There's some exceptions but overall I've seen the same things play out thousands of times over the years.
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jtgi
@jtgi
[What resurfaced this thought is all the cool token launchers and tokens, I've seen some folks beginning to treat them more seriously, as has happened in the many cycles before, I'm resisting that. It's financial entertainment to me and I think the launchers and tokens that lean into that will be the most successful and have the most fun. For example, baseline fairness is desirable, sure, but after that you actually want some chaos and unpredictability. It creates excitement. I would lean into pvp, cabal vs cabal, bots vs humans–all of it]
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Sam (crazy candle person) ✦
@samantha
@kia thought this might be a take you’re interested in!
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Fran d’Amore
@ffran
stay away from the casino.
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Zenigame
@zeni.eth
Having experienced a taste of this firsthand now, hard agree.
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grin
@grin
Preaching the gospel of /monastic 😁 https://warpcast.com/grin/0xce054811
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christin
@christin
what are some examples of early-stage communities that used non-open-market token mechanisms to mitigate this?
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agrimony↑🎩
@agrimony.eth
I'm actively resisting yeeting all my money into them lol. They're fun but also expensive lolol
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Jjk4k3k3k3k3enrjr
@dunix
K4krkrkrk
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Erno Tikkanen
@ajatus
I did learn that yesterday
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