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john
@know
from @jihad's latest essay: "Think of Higher as a well-trained lens....the ability to shape and amplify attention while remaining true to its core principles. " sounds like a media org to me... what if we had a mechanism for funding media and financially aligning higher-businesses with the attention amplification enabled by higher? (note: what @kompreni deployed yesterday is not what is described below) consider:
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SAINTLESS
@saintless.eth
a token + media flywheel is quite a powerful thing i'd say our issue so far wasn't really capital, but coordination
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john
@know
Coordinating is something we have to do through forming relationships of trust and taking on responsibilities. My hope would be that the permapool can act as starting point infrastructure to align incentives in relationship and create trust more easily during coordination efforts. Adding funds to the permapool is a tangible goal people can coordinate around and it can also prove their alignment with long-term ↑-ness. It makes people easier to support, imo, because the chain will prove their alignment via proof of their choice to fund the pool. It’s different than market buying because market selling is also a thing. In this situation it’s a permanent commitment to a long-term future. Regarding what the fees are used for, a media org is just one idea for what could be built on top of it. In any case, it could generate fees that cover some cost of something. Simply floating the idea in case it sparks things for people. I’d like to hope it might move things forward re coordination.
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SAINTLESS
@saintless.eth
permapool is great! at some point LP is deep enough and fees don't need to be added back anymore, but used for expanding the network is it already working? do you have a zapper link?
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john
@know
Not already working and no zapper link. I’m just someone who would align myself using permapool. It’s an idea that came up through me receiving a grant and needing to dump it. Which made me think about the flaws in just giving out grants.
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