Farcaster

Imagine if Farcaster vampire attacked Twitter and eventually airdropped a token based on your past usage of that web2 platform.

Glorious.

Benevolent internet pseudonym. AKA @boredelonmusk elsewhere.

Imagine if $Degen tipping changed from permissionless tipping to allocations for different channels & channel hosts tipping

✅ quality
❌ spam

👉🏻Channels improve & could ultimately launch own token with unique additional utility

👉🏻If only one was targeting Twitter users, we’d be off to the races🫡

@jesse how does that fit with your community currency thesis?

Imo it doesn’t make sense to have 50 channels launch a similar token for tipping.

With this approach, we’d be able to unlock much more differentiated communities and utility.

We can pick the channels and the allocations. We can also pick the allocators, whether that is hosts, mods or Degens engaging in that channel.

Only if those host's allocations are defined by more than engagement. Else, this is just a small hurdle for spammers to get over.

Make channel. Assign 25 hosts. Tip followers according to spam distribution goals. Repeat ad infinitum.

Ultimately the problem is tip to value ratio is too high. The market will fix that.