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Content
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phil
@phil
I just learned that a reply from my account is worth ~$30 in Moxie, which is about 4x the federal minimum wage in the U.S. This explains the prevalence of bots and reply guys lately. Overall, I have mixed feelings about this development. On one hand, it feels harmless to airdrop free money to people simply for engaging. On the other hand, it has a distorting effect on social interactions that makes it hard to know what is genuine. I also feel kind of gross that something called a “Fan Auction” was launched using my likeness without my consent or approval. I’m not sure what the financial implications of that are, but it certainly wasn’t enough for me to say yes since it involves my reputation. I’m not sure what to do. I don’t want to stop using the app and I’m obviously benefiting from the system, but am deeply conscious of the precedent my behavior will set for others.
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Zenigame
@zeni.eth
best to chat with @betashop.eth or @ipeciura.eth about any financial implications, consent, etc
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Zenigame
@zeni.eth
I'm not on the moxie or Airstack team, but have been developing tools to help the FC community interact with the Moxie ecosystem, so know the system comparatively well my naive take is that the replyguy meta and it's effects on the ecosystem are temporary and the meta will shift as the Airstack makes changes to rewards and moxie's value fluctuates. also worth looking through linda and betashop's back-and-forth since you're in a similar position regarding the value of your likes/replies/recasts
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