coins

wanted to share my perspective on coins and the last couple weeks.

excited to continue this conversation, keep experimenting, and build the future together.

@base builder #001; onchain cities w/ OAK & city3

Very interesting because some of the points you touched up on I had been thinking about.  Coining will change the game for content creation.  Actually giving artists, creators etc the ability to support themselves....but beyond that. With coined posts/casts people can receive a reward for merely co tributing to the app.

Years ago I wrote about something called "Proof of Contribution"  Where people were rewarded for posting content into a system.  It would then go through a community vetting process for quality assurance purposes, tokens would then be distributed used to the OP.  Wrote about it before discovering Farcaster or web3.  

After discovering FC, many things reminded me of the "Proof of Contribution" framework....I honestly believe that the web3 space AND ev a tually the whole internet will naturally evolve towards a type of Proof of Contribution model.