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balajis pfp
balajis
@balajis.eth
NETWORK STATE NEWS I've thought about starting Network State News on Farcaster. We'd start with $1000 in prizes each day for content broadly related to startup societies and network states. For example, "generate a 60 second vertical video review of the top 10 startup societies", where the grand prize winner gets $500 and five runner ups get $100 each. But we'd also issue prizes for open source code, for book reviews, for politics and history, and for breaking news. It'd be social-native, because content would come fundamentally as public casts on an open social protocol rather than posts on a closed website. It'd be AI-native, because everyone would use AI tools like Claude, Midjourney, Runway, and Suno to compose every post. And of course it'd be crypto-native, because every post would be digitally signed, all payments would be in crypto, and everyone here would know how to cite blockchain evidence. Most of all, it'd be an experiment in decentralized global citizen journalism. Should we do it?
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
It would be easy for us to automate this with Ⓜ️oxie such that: The $1000 goes to the best casts of the day, based on quality of engagement not farming The $1000 per day is automatically split between: 50% to the caster 20% to the NETWORK STATE channel’s fans 20% to the caster’s fans 10% to fans of Farcaster overall Or any other mix you want to program Let’s chat @balajis.eth
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nintynick.eth pfp
nintynick.eth
@nintynick.eth
you can do it in stables, not just $moxie?
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
Moxie protocol locks up $moxie in contracts and then distributes it as rewards based on farcaster engagement to members and channels and fan token holders https://build.moxie.xyz/the-moxie-protocol/moxie-protocol
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nintynick.eth
@nintynick.eth
Sick exactly what we’re looking for for a new experiment, but would prefer to send ETH or USDC
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
i think we can find a way to make that work as well.... will think about it!
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