Dan Romero
@dwr.eth
"Why doesn't Farcaster have $0 sign ups" Why doesn't Etheruem have $0 gas fees?
35 replies
5 recasts
171 reactions
Niko
@nikomfer.eth
Why doesn't Farcaster have a token?
1 reply
0 recast
0 reaction
Dan Romero
@dwr.eth
What would it do?
2 replies
0 recast
2 reactions
Niko
@nikomfer.eth
- ICO to raise funds towards a treasury for operations, r&d, signup costs, making it easier to you guys to keep doing your thing - Staking for certain benefits in the protocol i.e. reduced or free storage fees - Smaller benefit - visibility and get 10x more eyes on Farcaster
1 reply
0 recast
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Dan Romero
@dwr.eth
1. ICOs are not legal in the US 2. So you would buy a token to get a discount on a storage fee? Where does the token money go? Isn't that just a storage fee with multiple steps?
2 replies
0 recast
0 reaction