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tldr (tim reilly)
@tldr
lfgggg! $degen-ification!! 🚀 Below is the head of Alabama's student fan club (awesome kid) claiming free shares on @bracketgame. Gated by his alabama .edu email! Stay tuned for what's next here 👀 And s/o @groupiegirl.eth for the epic BD! 🐐 This stuff is not easy or glamorous, but it makes all the difference.
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wake
@wake.eth
Can you summarize (for me, a naive rube) what shares are and why this works? I assume some incentive to play without cost?
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tldr (tim reilly)
@tldr
In /bracket fans buy voting shares (denominated in $degen) into their fanbase. These go up and down in value based on how many people buy, and how the team does in the tournament To get everyday fans in without asking them to get degen first, we're subsidizing free shares at signup if they have the valid .edu email
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wake
@wake.eth
Thank you for the summary. And it appears to be working, then? GREAT! What onboarding friction are you still hitting, if any?
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tldr (tim reilly)
@tldr
Asking non-crypto people to get degen is not just friction, it's a non-starter. Our hope is that they can learn about it by having fun with it without cost. Bridges we will be crossing: (1) smoothest way for newbie to add more degen if they want (2) smoothest way for them to take out their degen if they want.
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