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https://warpcast.com/~/channel/higher
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john is offline
@know
from @jihad's latest essay: "Think of Higher as a well-trained lens....the ability to shape and amplify attention while remaining true to its core principles. " sounds like a media org to me... what if we had a mechanism for funding media and financially aligning higher-businesses with the attention amplification enabled by higher? (note: what @kompreni deployed yesterday is not what is described below) consider:
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john is offline
@know
tagging for more minds to consider: @ripe @saintless @clfx.eth @lght.eth @six @martin
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john is offline
@know
if it’s not clear, anyone could make use of this idea > deploy permapool > use the permapool as a tool for forming an ecosystem of partnerships > contribute to long-term growth and stability for higher (your own efforts included) someone could do this for basically any coin, but /higher seems well positioned all you have to do is deploy, put some ETH in it, create value, sell that value for ETH, put a portion of that into the pool, and encourage others to do the same in exchange for the benefit of being included in your value creating efforts for the higher eco: amplification via a media org like @lght.eth and his zine mock-ups seemed the best way to create value that partnering businesses might want to be part of. But it might not be the only model. Maybe @chic and /higherfm works too In any case the idea is anyone’s to use.
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jihad ↑
@jihad
i love the idea of fee-funded media as always, the question is “how do we get the eth”
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kompreni 🚂
@kompreni
Happy to adapt the smart contract to the relevant considerations 🫡
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SAINTLESS
@saintless
a token + media flywheel is quite a powerful thing i'd say our issue so far wasn't really capital, but coordination
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Metaphorical
@hyp
Love this but amplify attention toward what? Those expanding out, going higher?
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JR ↑
@juli
I like the core idea of bringing financial mechanisms to the higher network as long-term ecosystem buy-in aka alignment is important for sustainable growth but don't think the incentive structure presented levels us up at this point. Liquidity is not the main issue, there's little trading volume aka low fee generation and it would help more if businesses, initiatives, protocols brought actitivity &or accrued $higher at this price. IF there is more activity, quality initiatives, maybe ecosystem tokens, it could be smart to improve the higher & ecosystem token liquidity AND benefit from fee generation. I also like the ideas of permanent LP and incentivizing long-term partners - though you need more ecosystem revenues and willingness to redistribute income (as prob nobody wants to mint new tokens to fund this). > could be a product with pmf in a few months - if we really focus on small initiative like media that increases overall brand/network value and is worthy to fund/sponsor for profitable eco initiatives
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