six
@six
I see people point to the Moxie chart as a reason for it being a failure or something, IMO this does not make sense. The median Moxie participant is a Farcaster user who never touched the protocol and just sells their airdrops and rewards. This median participant has exclusively made money and overall has had a good experience with Moxie. In this way, Moxie is a wealth transfer from Airstack VCs to Farcaster. Great for the ecosystem
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six
@six
Farcaster users*
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agrimony↑🎩
@agrimony.eth
The moxie chart doesn't even look that bad? Hasn't it been fluctuating between 0.002 and 0.005
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Steve
@sdv.eth
Agree with this but the one burning question I keep asking myself on this is: why would number go up?
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Zenigame
@zeni.eth
chuckled at the VC line. First, I genuinely feel bad for people who got burned at launch. That sucks. Outside of that, it seems like the median user is getting "free" money for doing what they were already doing on Farcaster? That seems unreasonably great to me. It'll encourage farmers, sure, but they're quite aggressively working on that (see Linda's most recent cast for example) and we may yet get a nice FC network boost as all the pieces come together. tbd but hopeful.
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dusan.framedl.eth
@ds8
bad faith chart pointers
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🦒
@srijan.eth
lmao
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Afterlife
@afterlife13
People complaining should learn Moxie in-depth. If they knew how to buy Fan Tokens and how their price increases, it would compensate the small price decrease.
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antaur ↑
@antaur.eth
vers insightful take, hadn't seen it this way. I am gratefully locking my rewards and bought a ton more bc Moxie is the best shot we have to build sth. sustainable here on FC - esp. when I look at the new shiny things like artrun and other pump fun-like launchpads on base.
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