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โwoj ใ
@woj.eth
engagement tokens tokens mineable by engagement on farcaster - assign every faracaster user a rank using @openrank. seed it with people you value - distribute tokens on daily / weekly cadence for posting - rewards are based on engagement weighted by the user rank - attach a funny meme, build a cult, profit essentially proof of work distribution but based on social signal rather than computing power
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โwoj ใ
@woj.eth
ofc this is heavily inspired by degen and moxie and the whole tipping meta
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alex
@proxystudio.eth
just solve for why people should buy the token and you're good to go
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Spaceman Spiff ๐ฉ๐
@spaceman-spiff
What if people didn't have to buy the token? What if the value model came from outside sources, like advertisers using a protocol like moxie to drive attention to a certain account/ channel/ brand? Could this create a sustainable model that better rewards creators?
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