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@wake
Instant. Such as a few minutes ago when someone saw fit to sell 400 tokens, yielding this 👇
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not_not_Duna 🍖➰
@imduna.eth
Oh thats funnn and also you know who sold so you can block 😅
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@wake
I genuinely do not mind the sales. What I /want/ is trade volume 🌀
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not_not_Duna 🍖➰
@imduna.eth
Ahhh..5% fee when someone buys as well that makes it worth while actually.. more free moxie it covers the "loss" of the 20% less moxie vs not having a token ++ I wonder when the time of the medium and small accounts will come so that we'll have a full internal economy... Thinking out loud here, wonder if it's better sooner when not having many followers, to have less tokens in circulation..
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@wake
yeah, I've thought about all the tiny ways to get better or worse performance from fan token launch (as configured). I'm genuinely torn on the best possible setup, ie lot of followers or very few at launch. the whole thing still feels like price discovery to me anyway, hard to tell what actually works until prices start to make sense.
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not_not_Duna 🍖➰
@imduna.eth
interesting.. I myself am following the different launches. It appears so far we had only big account launches..so not much data hope this will change in the coming weeks and i can make a decision.. wouldn't wanna be a "flop"
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@wake
What would be a "flop" in your opinion? No bidders? I think there's a reasonable chance of that for many upcoming auctions. Depends on if fatigue creeps in and how hard those users promote themselves. But an auction with no bids just means a great opportunity for you to scoop up your own token, cheap, and build your profile with equity in hand. ie, a chance to bet on yourself
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not_not_Duna 🍖➰
@imduna.eth
Yes, a flop would be either no bidders or the bidding price drops heavily right after bid ends. Its a very good POV. Strategically to bid on myself if other won't and build with equity.. It actually could be really profitable as long as I believe in myself. This is an awesome experiment. I might just do it actually this makes so much sense i dunno why this thought wasn't immediately on my mind... probably more of a psychological hurdle to feel unpopular or something...
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@wake
Right. It all boils down to your fanbase and how well you built your profile and audience. imo an auction that crashes after launch isn't all that bad; you get your 2.5% fee and interested participants can now get more equity for cheaper. we'll see how it shakes out but there's always a way to turn things to your advantage... with a bit of work ✅
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not_not_Duna 🍖➰
@imduna.eth
Thanks wake!!! ❤️ I'm still really new to all that building a profile and fanbase, so a lot of learning. It all happens so fast thu and need to constantly make decisions 🍖x10 100 $degen
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@wake
Wouldn't sweat the tiny details or risk over optimizing for growth or whatever. In a changing environment, aim for longevity, be one of the accounts that last long enough to matter.
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not_not_Duna 🍖➰
@imduna.eth
I try mostly just be here make friends and enjoy, and figure out what value content I can give... Nor so much for the financial gain thus far, maybe because its not that big anyway It's fun.. and as long as its fun I'll do it and while i write this i realize the thinking if to FT or not FT is swaeting over tiny details and risk optimizing 😅 🌹
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