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Gwynne Michele
@thecurioushermit
hihi, get ready for @thecurioushermit's Fan Token auction powered by @moxie.eth! cc @betashop.eth @airstack.eth
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Edward H. Carpenter
@ehcarpenter
Awesome! Looking forward to seeing how this goes! Did you have the option to change the "% shared with fans" or is the previous default of 20% unchangeable in the "self-directed" auctions as in the previous team-directed ones? Here's a 🎁 of 1924 $farther for any light you can shed on this question!
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Gwynne Michele
@thecurioushermit
I did not have that option yet, but I could change the initial supply. It was set at 10% of followers - 110 for me - so I switched that to 200. I wanted to increase the supply a bit, but also not too much. They're unlimited after, but it's hard to know the right balance for that starting amount.
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Edward H. Carpenter
@ehcarpenter
When you say "unlimited after" do you mean you could auction 200 this week, but then later increase the supply to a much higher quantity? Wouldn't that devalue the tokens bought at auction by your original collectors? 🤔 Or is it that you have to pick a number for the auction, but it can't be lower than 10% - but once chosen, it is fixed in perpetuity?
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