Paragraph

The Evolution of Social Engagement Through NFTs (Likes are meaningless. Mints are meaningful.)

The Evolution of Social Engagement Through NFTs (Likes are meaningless. Mints are meaningful.)

https://paragraph.xyz/@tpan/330-the-evolution-of-social-engagement-through-nfts

Web3 growth, marketing, and culture: https://paragraph.xyz/@tpan

Here for 'Proof of' tokenisation and on-chain Commerce.📈 /growth at poap.xyz I 🟪 /purple DAO 🦁 @safary mod for /london + /poap


Agreed. Replacing likes with mints is a step in the right direction, but not the end all be all. Always has to be multifactorial if there is a potential token or some other incentive either from network or creator side.

In it's simplest form, there's a lot to appreciate in the emergent mints replacing likes behavior.

Great share @tpan. Whilst these solutions support engagement, the action of seeing a post and spending $0.20 is still a somewhat shallow commitment (as we've seen here with bots or bad actors will to paying 20x that to set up Farcaster ID's). Great for creators but leaves a lot on the table for them to understand who their real community is and if planning to incentivise how to ensure this isn't wasted on speculators and more.

🇮🇹🇬🇧 | Web3 & Marketing | Community Manager | Web3 Social Media | Mum & Wife 👨‍👩‍👦‍👦

There's a lot to parse through with the 2M wallets (bots, sybil, speculation of an eventual airdrop), so it's nice to see the combined metrics beyond just wallets (onchain revenue, tokens minted, etc.). 

And yes, @rodeodotclub definitely worth checking out :)

Just woke up and saw this! Didn’t know about Rodeo, I’ll definitely check it out! Also 2M wallets participating in this year’s Onchain summer is an amazing result, I think I read that last year there were only around 260,000! Thanks for sharing, 200 $degen.