HIGHER

Would a mass re-distribution of $Higher from whales to new wallets or active community members increase or decrease the price in the medium term?

now feels like a good time to run another @rounds to distribute $higher from the party treasury 

wdyt?

Rounds helps communities grow by rewarding participants. Learn more at docs.rounds.wtf/faq or ask questions in /rounds

Not saying we shouldn’t, but I’m not sure anything in the current climate incentivizes anything but selling.

Believer, husband, dad, optimist // Possibilities into opportunities // Design & strategy // Expert dabbler // tylerhilker.com

do you think that changes if the people receiving tokens have “earned” them via participation?

I think that’s a good way to go about it and rewarding participation especially at the lows is a good approach. 

I don’t know how it changes price structure or incentives, though. 

That said, if a distribution will improve the higher surface area and positioning long-term, then it might be worth it as @clfx.eth says. 

Price action and engagement are two different outcomes. Sometimes the same strategy applies to both; when they conflict, you have to decide where the commitment and principle lies.