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Pichi πͺππΉπ© π‘πΈ
@pichi
What is your current Moxie strategy? We are still so early but a lot of auctions are really popping! Is this sustainable? What will the next phase look like?
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samvox
@samvox
I think auctions will be more Humans are the first property in this space. I think Betashop creates situations to invest on accounts more
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Mkkstacks
@mkkstacks
This is an interesting perspective because it's easy to consider channels and networks as the best investments because 100 percent of their rewards are shared with token holders. With user FTs, you have to consider the lower reward share and dependency on that individual. What if they stop posting? I've wondered how the protocol keeps user investments worthwhile.
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Pichi πͺππΉπ© π‘πΈ
@pichi
Excellent point. I purposefully didnβt buy someoneβs tokens today because they implied they are taking a break from Farcaster.
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Mkkstacks
@mkkstacks
That's good intel for DYOR! I imagine for high profile figures, their FTs will maintain interest and value. Then, outside of supporting frens, what incentivizes buying user FTs? Maybe if a person has a few fans and that smaller group shares a smaller rewards pool, it's still worthwhile to hold. Residual moxie shared across all fans. If a person invests in a lot of FTs, maybe they diversify enough that their portfolio value will mirror the FC network value.
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