The potential pitfalls of fan tokens in the new creator economy | Creators Take Action

Crypto Sapiens

In this episode Humpty and Pichi discuss the challenges of internet connectivity at events, the importance of infrastructure and accessibility, the Moxie protocol, and the Buoy app. The hosts discuss their experiences at a tech gathering with limited internet access and the need for reliable connectivity for web3 applications. They also touch on the potential of Starlink to improve internet access at events. The hosts share their thoughts on the Moxie protocol, including the challenges of participating in auctions without stable internet and the team's responsiveness to issues. They also discuss the Buoy app and its potential for surfacing content. The conversation concludes with a discussion on the need for more inclusive and accessible tools in the creator economy. The conversation explores the challenges and potential of Moxie, the rewards mechanism on Farcaster. The hosts discuss the need for more visibility of the rewards and how they are growing, as well as the difficulty for new users to understand and navigate Moxie. They also touch on the issue of engagement baiting and the potential negative impact on authentic conversations. The use of Buoy as a research tool is highlighted, along with the importance of authenticity and genuine engagement in the Farcaster community.