Moxie Official

We're building the Farcaster economic engine. Join us! moxie.xyz. Follow @betashop.eth & @airstack for news! Official contract: link.moxie.xyz/contract

A guide to Ⓜ️oxie Fan Token Auctions (FTA) 👇

1. FTAs can be for any Farcaster Member or Channel (or the entire FC Network). FTAs are in frames

2. Fan Tokens provide access to Fans Only features that any dev can build into frames & apps

3. Fans participate in Rewards earned by the Member or Channel. 
15% of $MOXIE is committed to Everyday rewards for FC engagement. 
Devs can create other rewards. 

Rewards splits are:
50% to earning member
20% to earner's fans
20% to channel's fans when earned in a channel
10% to fans of FC Network

see splits on airstack.xyz

4. Starts 29 July w launch of @moxie.eth and the first FTAs. 400 FTAs have been schedule, 3k have requested. Well make it self-service ASAP. 

5. The # of Fan Tokens available in auction = 10% of member/channel's followers. When bidding you specify the price in $MOXIE & number of Fan Tokens you want

6. When auction ends, everyone who won gets the FT at the same price

7. Then anyone can buy/sell from a bonding curve, with unlimited supply

If my understanding is right, this is how it'd go right?

Building /ambassadors and /base-ph. Warpcast is super fun. 

/project /bid /replyors https://newsletter.ambassadors.gg