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https://warpcast.com/~/channel/ted
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ted (not lasso)
@ted
if you spend any amount of time playing around with consumer apps, you will recognize there are endless pseudocurrencies used to drive engagement and retention: coins in Duolingo, Reddit karma, TikTok gifts, robux in Roblox, gold bars in Candy Crush, bits in Twitch, stars on IG, etc. almost all of these can be bought with fiat. a few of these let you cash out as a user (e.g. creators can redeem tiktok gifts for or cash out robux via devex). and none of them natively allow peer-to-peer trading of their pseudocurrencies. and people love them and buy and spend them daily. 🤔
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𒂭_𒂭
@m-j-r.eth
it's company scrip https://en.wikipedia.org/wiki/Scrip#Company_scrip the classic workaround is black market bartering. eventually I expect a "Very Important Vector" experience, where the issuer efficiently rewards the participants with heaped praise and a goodie bag of what they were going to spend pocket money on, anyway.
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𒂭_𒂭
@m-j-r.eth
putting two and two together: https://x.com/thegautam/status/1920198569308664169 https://warpcast.com/dwr.eth/0x80adcc9f there's a possibility that every company that would have issued scrip and is just as likely to issue a stablecoin will want to keep track of employee spend and vertically integrate the bargaining power, as well as a state channel with less technical debt. with permissive legislature, they may even get away with a privacy-preserving architecture that makes their modeling/ad-targeting the moat.
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