Moxie Official

best way to approach moxie:

assume moxie is locked and doesn’t trade yet — it's just points

you will find out if they are worth anything 6 months from now

so either keep yours or try to build a position if you believe the price is low now

selling now feels like giving yourself a chance to miss out on a big thing

Farcaster

I just learned that a reply from my account is worth ~$30 in Moxie, which is about 4x the federal minimum wage in the U.S.

This explains the prevalence of bots and reply guys lately. 

Overall, I have mixed feelings about this development. On one hand, it feels harmless to airdrop free money to people simply for engaging. On the other hand, it has a distorting effect on social interactions that makes it hard to know what is genuine. 

I also feel kind of gross that something called a “Fan Auction” was launched using my likeness without my consent or approval. I’m not sure what the financial implications of that are, but it certainly wasn’t enough for me to say yes since it involves my reputation. 

I’m not sure what to do. I don’t want to stop using the app and I’m obviously benefiting from the system, but am deeply conscious of the precedent my behavior will set for others.

I agree with you, but I think the team needs to fix this system where Moxies are so concentrated in a few people. Those who have a good ranking are feeling uncomfortable with the volume of replyguys. Those who don't have a good ranking are being viewed with increasing suspicion. See an example of the problems caused by Moxie:

customer support @supercast

trying to sound smart /doingnumbers

I agree with you, but I think the team needs to fix this system where Moxies are so concentrated in a few people. Those who have a good ranking are feeling uncomfortable with the volume of replyguys. Those who don't have a good ranking are being viewed with increasing suspicion. See an example of the problems caused by Moxie: https://warpcast.com/phil/0x4a177baa