Joan Westenberg pfp
Joan Westenberg
@daojoan.eth
my thesis: tipping and social engagement tokens would reward creators. the reality: tipping and social engagement tokens are consistently and ruthlessly gamed by noise generating farmers who don’t give a fuck about the creator economy. and their bullshit drowns out the creators.
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Joan Westenberg pfp
Joan Westenberg
@daojoan.eth
because there’s no belief in the mission, because they’re just farming a token - instead of giving a shit about content or creators - they dump the token constantly, meaning there is no reason for people to invest in the token or in creators, and meaning creators earn pennies if anything because the price keeps crashing.
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Sophia Indrajaal pfp
Sophia Indrajaal
@sophia-indrajaal
Any system can get gamed, trick is to bake that in so to speak. Although, ngl i don't really quite get what's going on in this place lol
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Sophia Indrajaal pfp
Sophia Indrajaal
@sophia-indrajaal
Sorry, don't mean to tell you yr business, just am grappling with similar issues and that's what I've come up with as a path to solution is all
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