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Danica Swanson
@danicaswanson
Moxiesplaining Journal Day 3: Rethinking Narratives Observing Moxie Fan Token value flows is prompting me to rethink the mental models of “supporting creators” and “monetizing an audience.” Fan Tokens don’t fit charity or patronage models. Buyers aren’t donating or becoming patrons. Big Moxie rewards earners who don’t yet have Fan Tokens get nudged to launch them, because benefits can flow to their followers and the FC network when they do. Holding Fan Tokens isn’t a loyalty test, either. It’s OK to sell; it's necessary to realize gains. It’s part of the mechanism design. Creators receive a 2.5% fee from every sale. They also benefit from holding other entities’ Fan Tokens. So how much of buying/selling Fan Tokens is motivated by altruism, and how much by self-interest? It's not obvious. Perhaps that's the point. --------- (ICYMI: Moxiesplaining Journal is a daily window into my observations, learnings, and “the view of Moxie from where I sit” as a writer + editor).
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Rafaello
@rafaello12
Such impressive read
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Danica Swanson
@danicaswanson
Thank you. Glad you enjoyed it.
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