alex 🎩
@proxystudio.eth
Farcaster users wil receive 85.2 WETH in the Batch 1 Fee Distribution, or ~$259,860
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Erik
@eriks
SHEESH 😮💨
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Erik
@eriks
makes me think about if there could eventually be a small portion sent to all fc accounts that meet a certain criteria - an incentivize for ppl to spend more time here and new ppl to join
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alex 🎩
@proxystudio.eth
its been an interesting experience dealing with these fees: fees have been the biggest blocker on shipping new product, and a significant portion of users are upset - because its not a generalized airdrop. Though of course airdropping 0.00189333333 ETH to 45,000 users would have provoked different complaints. I think that experimenting with rewards within a launchpad model is extremely important, these types of apps typically capture large fees, and incentivize poor user outcomes (charge per token, earn fees when users trade low mc tokens, and burn LP) we tried to approach it differently. we only win big if coins have high volume over time, creators win big if they support and grow their coin. going to lean into it and continue to iterate! lots to explore
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Lucky
@luckycrypto856
Incentives users more then creators so they can reinvest to your platform,or some other competitors will do that. lol . A poor distribution model won't circulate money into your platform. More scams are gonna popup your platform for creator rewards .
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