Degen

Have there been any other coins with a gtm focused on tipping, like $DEGEN?

I'm curious if the specific tipping mechanisms (eg daily replenishing allocation) will be studied & replicated across future token launches.

cma.xyz. Founder /paragraph, ceo /mirror, previously at Google & Coinbase 

Steemit / STEEM token is similar to FC and $degen. It launched in 2016, and was the most successful DeSo, while it lasted...

STEEM was generated by staking STEEM, which gave a daily allowance to tip (upvote) posts. Ofc you could 100% tip to yourself, which was one of several problems.

It's the best study imo.

Baking a money game into a product turns it into a pure money game. 

Steemit attracted the worst kinds of users who produced valueless content to grift rewards, when the aim was to incentivize the best content with money.

Bad content = true death in bear szn when reward dollar value -95%.

Degen is much too new to compare to Steemit. Bear szn + revival is a true test in crypto. 

FC separates protocol from rewards, removing dependency on a ponzi. It should allow the network to gain real social value. 

This could lend to degen’s robustness as social is the true base layer of all crypto. 
♻️🎩

Usenet > BTT > Reddit > TG/Disc/YT/Twitter this is the bedrock of crypto. If the chatter stops even BTC would die. 

FC is new, superior bedrock. It spawned the first of likely many tokens 🎩

An ecosystem of $degen derivatives battling it out on FC is bullish for $degen imo.

BTC, ETH, UNI, PUNKS

First movers 💪

Why do you think $DEGEN is faring better?