Is it the idea or the person?

24 hours ago @balajis.eth suggested using mods and NFTs to enhance Farcaster. A mere mention and now there’s a live working group motivated to tackle it. If a rando shared it, would it have inspired so much action? Probably not. The true effect of “influencers”. We are influenced.

Crypto payments for small businesses. Contributing to the mainstream use of crypto. @gogh
ongogh.com /shop-la

The only problem is externality pricing.

Building https://negationgame.com

Thanks for asking! Two things:
1) Dictatorship based moderation (a la Reddit) is best when channel creation is permissionless
2) NFTs don't change the dynamics in any useful way (other than inciting speculation)

Here's a not-so-kosher take on nfts:

Thanks for asking! Two things:
1) Dictatorship based moderation (a la Reddit) is best when channel creation is permissionless
2) NFTs don't change the dynamics in any useful way (other than inciting speculation)

Here's a not-so-kosher take on nfts:
https://warpcast.com/nor/0xcfa4b1

Fraud protection is one way NFTs create value beyond speculation

Vintage wine for example. It’s a huge market for scams. People either steal or fabricate labels from valuable bottles and sell cheap wine as the real thing. If the seller had to validate their ownership with an NFT that shows provenance and proof of ownership, they wouldn’t get away with the scam.