Manuel
@manuelmaccou.eth
Is it the idea or the person? 24 hours ago @balajis.eth suggested using mods and NFTs to enhance Farcaster. A mere mention and now there’s a live working group motivated to tackle it. If a rando shared it, would it have inspired so much action? Probably not. The true effect of “influencers”. We are influenced.
14 replies
3 recasts
19 reactions
Connor McCormick ☀️
@nor
I don't think they were good ideas
2 replies
0 recast
3 reactions
balajis
@balajis.eth
What would you do differently?
2 replies
0 recast
0 reaction
Connor McCormick ☀️
@nor
Thanks for asking! Two things: 1) Dictatorship based moderation (a la Reddit) is best when channel creation is permissionless 2) NFTs don't change the dynamics in any useful way (other than inciting speculation) Here's a not-so-kosher take on nfts: https://warpcast.com/nor/0xcfa4b1
2 replies
0 recast
0 reaction
Manuel
@manuelmaccou.eth
Fraud protection is one way NFTs create value beyond speculation
1 reply
0 recast
0 reaction
Connor McCormick ☀️
@nor
What kind of fraud?
1 reply
0 recast
0 reaction
Manuel
@manuelmaccou.eth
Vintage wine for example. It’s a huge market for scams. People either steal or fabricate labels from valuable bottles and sell cheap wine as the real thing. If the seller had to validate their ownership with an NFT that shows provenance and proof of ownership, they wouldn’t get away with the scam.
1 reply
0 recast
0 reaction
Connor McCormick ☀️
@nor
Nfts do nothing to solve this, a testing and certifying body would, and sure they could use a row in a database to record it
2 replies
0 recast
0 reaction
Manuel
@manuelmaccou.eth
An onchain record is the same as a testing and certifying body, right? What do they do? Prove the authenticity. If the authenticity is proven from the beginning and the trail of authenticity can’t be tampered with, what additional purpose would the certifying body have?
1 reply
0 recast
0 reaction
Connor McCormick ☀️
@nor
In wine, coffee, mining, etc you have subjective measures of quality that require judges. Very rarely is manipulation of records the source of broken integrity, instead it’s judge manipulation. Can give concrete examples if useful
1 reply
0 recast
0 reaction
Manuel
@manuelmaccou.eth
Sure measure of quality is one thing. I’m referring to passing off counterfeits as the real thing. So many NFTs don’t cover all the responsibilities of people but I feel like it still could solve some of the problems
1 reply
0 recast
0 reaction
