Consumer token thinking seems to me to be backwards. My current view:
• Don’t build a token to form a community. Build a community then launch a token.
• Don’t punish economic motion with fees, punish economic stagnation with demurrage.
• Don’t promise eventual utility and focus on immediate financial value. Build immediate utility and eventual financial value.
tomu
Commented 8 months ago
culture first, token later on (if needed)
Sriram Krishnan
Commented 1 year ago
What makes a great group chat? I have some theories ( and working on a post) but would love other takes.
Saumya Saxena
Commented 1 year ago
I enjoy two kinds of group chats-
1. Where there's this inherent positive sum mindset - think the mentality of giving vs taking. So folks come forward with thoughts, ideas, and debate/discuss
2. Absurd fun and memes
Saumya Saxena
Commented 1 year ago
I think the underlying theme for both is just relationship building.
derek
Commented 1 year ago
Density: the right amount of content, with a “Dunbar-ian number” of messages for every group size.
Diversity: Unshared perspectives around a shared identity. Creates healthy friction & inertia.
Dialogue: not how many messages there are, but how many back-and-forths. “Active chat state” is how we refer to it.
limited number of people (less than 20), a personal connection of some sort (e.g. friends, community) a shared interest (e.g. sports)
tomu
Commented 1 year ago
the perfect mix of insightful, helpful, and funny content. A group of like-minded contributors, not lurkers, spiced up with the right touch of memes, makes it great
Sid
Commented 1 year ago
- everyone in the group feeling compelled to participate (rather than just a few active folks)
- instant/quick feedback on ideas/posts from group members. Generates excitement + rapport.
Steven Leshinger 🎩
Commented 1 year ago
Friends gathering around a shared interest
frdysk.framedl.eth
Commented 1 year ago
The less similar thought process, the better
.
Commented 1 year ago
A good people’s curator.
Dmitry ↑ 🎩
Commented 1 year ago
Active Engagement: Encourage regular participation.
Respectful Interaction: Maintain a courteous atmosphere.
Clear Purpose: Define goals and guidelines.
🔮
whit.eth ☕️
Commented 1 year ago
People giving more than they take (eg, shilling their own projects)
Keeping it small; don’t let members just invite anyone in. Tight group lets members get to know each other, breeds trust, which leads to valuable conversation
derek
Commented 1 year ago
The four steps to building in consumer crypto:
Identify a shared identity →
shepherd an emergent community →
build a network of tools for the community →
facilitate an economy from the network as they create and circulate value.
More here: https://derekbrown.xyz/network-first-economy-second
derek
Commented 1 year ago
In today's post, I write about the four steps to building an onchain economy, and how they can't be skipped. Only fast-forwarded.
After all, if a memecoin launches but no one transacts, does it even have TVL? Or something like that.
https://derekbrown.xyz/network-first-economy-second
Consumer token thinking seems to me to be backwards. My current view: • Don’t build a token to form a community. Build a community then launch a token. • Don’t punish economic motion with fees, punish economic stagnation with demurrage. • Don’t promise eventual utility and focus on immediate financial value. Build immediate utility and eventual financial value.
culture first, token later on (if needed)
What makes a great group chat? I have some theories ( and working on a post) but would love other takes.
I enjoy two kinds of group chats- 1. Where there's this inherent positive sum mindset - think the mentality of giving vs taking. So folks come forward with thoughts, ideas, and debate/discuss 2. Absurd fun and memes
I think the underlying theme for both is just relationship building.
Density: the right amount of content, with a “Dunbar-ian number” of messages for every group size. Diversity: Unshared perspectives around a shared identity. Creates healthy friction & inertia. Dialogue: not how many messages there are, but how many back-and-forths. “Active chat state” is how we refer to it.
Also, community is the result of identity’s gravity. This is usually expressed via group chat. I wrote our learnings on this here, if interested: https://derekbrown.xyz/network-first-economy-second
limited number of people (less than 20), a personal connection of some sort (e.g. friends, community) a shared interest (e.g. sports)
the perfect mix of insightful, helpful, and funny content. A group of like-minded contributors, not lurkers, spiced up with the right touch of memes, makes it great
- everyone in the group feeling compelled to participate (rather than just a few active folks) - instant/quick feedback on ideas/posts from group members. Generates excitement + rapport.
Friends gathering around a shared interest
The less similar thought process, the better
A good people’s curator.
Active Engagement: Encourage regular participation. Respectful Interaction: Maintain a courteous atmosphere. Clear Purpose: Define goals and guidelines. 🔮
People giving more than they take (eg, shilling their own projects) Keeping it small; don’t let members just invite anyone in. Tight group lets members get to know each other, breeds trust, which leads to valuable conversation
The four steps to building in consumer crypto: Identify a shared identity → shepherd an emergent community → build a network of tools for the community → facilitate an economy from the network as they create and circulate value. More here: https://derekbrown.xyz/network-first-economy-second
In today's post, I write about the four steps to building an onchain economy, and how they can't be skipped. Only fast-forwarded. After all, if a memecoin launches but no one transacts, does it even have TVL? Or something like that. https://derekbrown.xyz/network-first-economy-second