Something I've been thinking for weeks especially when it comes to "Fan Tokens in Moxie", is how to analyze them to be able to choose those with higher probability that the price of these will rise, at the end they are assets that can be bought and/or sold even if they are only within the same protocol, since they cannot be sold outside of it, however, and from what I understand, they are governed by the "Law of Supply and Demand", which means that, the more influence a user has within the protocol of "Farcaster", the greater could be the demand for "Fan Tokens", however, if it is the opposite and the user we choose to support does not have so much influence, there will not be much demand.
With this little introduction and leaving in the air the question of how to analyze these "Fan Tokens" to choose the best if you do not have much influence? Stay until the end, I will be explaining how to analyze them with the same tools offered by the creators of the protocol:
How to analyze the "Trend" of a "Fan Token"?
The first thing we must know and/or know, are the tools available to analyze, in this sense, the "Airstack" platform is perfect for this, since it offers absolutely everything we need to know about the protocol, so, the first thing to do is to enter the following link that I will leave below:
Airstack Explorer
Airstack - the easiest way to build on Farcaster. Frames SDK. Frames API. No-code Frames. Onchain Composability APIs for Ethereum, Base, Optimism, ENS, Farcaster, Lens and more.
Once inside the "Airstack" platform, the first thing we must do is to log in, this so that when you get the "Fan Token" you want to invest in, click on the "Fan Token" and Airstack will send you a private message in the "Warpcast" application so that you can interact and buy the "Fan token". However, for those who don't know how I will go step by step don't worry, anyway, logging in is super simple, the only thing you need to do is to link your Farcaster account to Airstack and with that you will be able to see your profile and the rest of the options you need to perform the analysis:
Step 1 (Fan Tokens Option)
When you are logged in, the first thing you should do is go to the "Fan Tokens" option as shown in the image just above this text, once there, the first thing I do before analyzing, is to observe the TVL, which is the total value of "MOXIE" locked in the smart contracts of the protocol, of course, this is the investment placed by the users that buy the "Fans Tokens" of the finished content creator, that means that, the more blocked value (TVL), the more money they have put in that channel or user, a statistic that can tell us a lot about the trust that they have in the channel or in the person.
Usually the TVL tells us is precisely what I already mentioned, the amount of money blocked, but, it also tells us where the investment trend is moving focused on the "Fans Tokens", in fact, it is no coincidence that the market of "Fans Tokens" is ordered by a table, so, for this reason is that I see it, but it does not mean that this is the fundamental requirement to make an investment decision, but, it is already a start, in this example I show you the upper part of the market, but, further down there are very interesting "Fan Tokens", so, if you do not know anyone and want to invest, you have to spend time to analyze and see the table.
Step 2 (Select Channels and/or users to analyze)
This is where the analysis gets interesting, because when we click on the "Fans Tokens" of our preference, it will give us all the information we need to make a final investment decision, so pay close attention, because in the end the decision to invest has to do a lot with the logic that the data show us, I like this part because I am a "Trader" in the financial markets and often without seeing the graphs, with a simple data analysis, we can be at the gates of an excellent investment, in the short, medium and long term, so, see the following image:
The first two images belong to the "Fans Tokens" of channels, while the other two belong to the "Fans Tokens" of normal users, but with great influence in the protocol of "Farcaster", now, all of them are in the "Tops" among the first positions in the market and although the positions do not determine if we will get profits or not in that sense, I did not choose these at random, since, in my opinion they are a good investment; And it is here where the fundamental analysis becomes very important, since we have to know first of all what the channels and users are dedicated to.
Success: This channel is dedicated to teach and promote the projects of users who are subscribed not only in their channel, but also in their "Hypersub", which means that, they bring a lot of value for those who want to grow and do not know how to start. In fact, I have solid knowledge in the crypto world, but, I have not created a project or something as such, so I could really use the help of several experts.
Memes: We all love "Memes", we love to share many of them to make everyone smile, even there are already in the market for a long time "Tokens" inspired by "Memes", moving billions of dollars, so yes, being in a community of "Memes" is very positive, because, they are the ones that drive prices, you can meet people and make friends, know their interests and acquire knowledge that you did not have. For all these reasons, for me, it is a good investment.
Betashop.eth: He is the creator of the "MOXIE" protocol and everything in it, despite being a decentralized protocol, there is a lot of value in his "Fans Tokens", mainly because of what I mentioned before, so, it is always good to have investment in his "Tokens", since the protocol is new and just starting.
Pichi: She is one of my favorite content creators, she has several projects going on, very good ones, among them the (Anime-Manga) channel where I am a subscriber, she helps her community and rewards them, she creates wonderful art and brings a lot of value, so, it is very positive to have her "Fan Tokens", they will probably go up in price as time goes by and everything progresses.
Data Analysis
Now what we have to do is to analyze the "Data" and we should not get complicated, it is very simple, the prices of the "Token" are first determined by the best of the users before being launched and once they are released to the market, we can observe the blocked TVL, the amount of "Fans" and the total supply of the token, besides this, the other important data are the "Volume in 24 hours", which indicates how much MOXIE has moved in the protocol and perhaps the most relevant data of all, since it shows us how much movement there is.
As you can see in the image above, in all of them there is a lot of daily movement, which is already an excellent buying signal, they also earn very good daily MOXIE, which is also positive, they all have a sharing percentage for all their "Tokens" creditors, that means that, if you look closely, they all have between 100% and 90%, only one has 20% set, however, it does not mean that it is bad, the reality is that, of the examples shown, all are a good investment, in fact, I would buy all of them.
Note: As a final summary for this part, I would refrain from buying those "Fans tokens" that do not possess much movement in the last 24 hours, this means that there is not much volatility in their prices, so, we could incur losses, on the other hand, We must know well what value the creators of the "Fans Tokens" bring, it is not just buying for the sake of buying, if their content helps us in education, even if they do not have projects, it is a good investment for example, the rest will depend on the creativity of the creators of the "Fan Token" to encourage more users to invest in it.
My earnings by investing in "Fans Tokens"
As you can see in the image above, following these same principles that I explained, I have successfully invested in several "Fan Tokens", most of them belong to Hispanic creators that add incredible value and knowledge to the protocol, so it is no coincidence that I am currently in "Profits", I do not earn a very good amount of MOXIE, but I know it will grow, I have been investing little by little, and I will continue to do so.
I hope this post helps you to manage in a better way the "Fans Tokens" market, I wanted to create this tutorial to help newcomers to navigate in this world, especially if you are interested in the "MOXIE" protocol, I hope it is very useful, and I will see you another time with much more educational content that will help you to keep growing.
