Moxie Official

Moxiesplaining Journal Day 15: Fan Token Auction Reflections

My Fan Token auction happened in the first week after Moxie launched.

Several early bidders + friends got priced out by flippers.

This was just before Airstack made an adjustment that altered the immediate post-auction arb opportunity.

Looking at the cost basis vs. current value for the tokens from my own auction that were auto-allocated to me, I see how the daily buy-and-burn gradually narrowed the difference between those figures. (See image - top is from Aug. 6, bottom is Sep. 15).

So as of this week I'm no longer in the red on my own token. By earning Everyday Rewards, I "worked my way back up."

I'd like my priced-out friends to become holders of my Fan Token too, but the price is much higher now.

I could buy my own token and gift it to them. 

But would that be a positive-sum outcome? 🤔 

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(Moxiesplaining Journal is a daily window into my observations, learnings, and the view of Moxie from where I sit as a writer + editor).

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Writer, senior editor, music nerd, GenX eldergoth, monastery-bootstrapper. https://paragraph.xyz/@danicaswanson https://tinyurl.com/Black-Stone-Wordsmith

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