$DEGEN has laid out the economics of Farcaster channels

Create a channel, build a community, launch a token, reward those who were early 

Use token as a karma system for being active

Use token as a channel currency for rewarding contributors and content

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance /adventures

Well if you throw a financially driven token you’ll attract mostly the degen crowd! Which can be good and not so good at the same time.

Not sure if token is needed to grow this app and should be optional for users.

However yes, rewarding systems are very welcome