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Some thoughts on BasedJobs now that the Bountycaster team has been acquihired by Merkle...
A team of us (myself, @niftytime.eth, @baseddesigner.eth, capy.eth, @hammallama.eth) created based.jobs for people to hire and get hired with native project tokens as compensation.
The vision was to get paid in "cryptoequity" – imagine you were an early contributor to the next Ethereum, and you got paid when ETH was $1. Obvious a moonshot outcome, but that's how startups go!
Soon, I think we're going to see a lot more onchain startups. But timing is everything, and the market doesn't lie. The $JOBS market cap is sitting at $11k FDV. There aren't enough onchain jobs to validate the idea (or the market for the idea).
We've "slow-laned" BasedJobs. Personally, I'm still holding/staking my $JOBS (and continuing to earn more via LP incentives on Rebase). I believe that it's time will come, eventually, and I have no problem maintaining the project and waiting for that day. 5 replies
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