F A R T H E R ✨

musician & dev gigameshmusic.com github.com/gigamesh

I have been in crypto for the last 3 to 4 years. I’ve worked with founders or launched my own projects. Sometimes they work, sometimes they fail. I’ve also faced bad comments when I did something wrong, and that’s okay, but it’s hard to launch a successful long-term project.

The whole Farther community is against @gigamesh and that’s understandable because he made mistakes. But enough is enough—we’ve all lost money, including Gigamesh. He also spent time building things. It’s okay to criticize, but how long should it continue? Everything should have its limits.

I’m not defending him, but instead of just making negative comments, we could do something to help recover from this—maybe relaunch with a DAO proposal. Do you have any ideas?

I post Memes, I'm 96 year old child: /chatfcp
Whatever I post is not financial advice always do your own research

Maybe it would have been better to lower the barrier to entry for the tipping game from the start. At first, there were only 100 tippers.

The cutest dog on Farcaster who absolutely loves ham! /lp /dogwalk

Also, adding more detailed rules later on didn't help. Farther ended while many people's understanding still lagged behind.

Building farther.social

Join us in /farther

I thought it might have been better to lower the barrier to entry by reducing the allowance. Honestly, I felt that the allowance was too high in the beginning. Some people were gaining a lot of benefits, while those of us who stayed until recently couldn’t withstand the selling pressure. At the beginning, I even thought it might surpass Degen.

Lower barrier to entry requires everyone accepting less daily allowance or even more token issuance, which creates more selling. Tipping tokens in a bear market are a no-win situation.