Over 100 subscribers
With the launch of Moxie Protocol just around the corner, I wanted to put together a blog post that explains it in terms that anyone can understand. As you know, I am not the most technically minded person, so my explanation should serve as a good place to start for "normies". What am I going to cover in this blog post?
What Is Moxie Protocol & Who Built It
How Do You Participate In Moxie Protocol?
How Does Moxie Protocol Work?
Where To Check Your Moxie Airdrop?
Moxie is a new protocol built to enhance the Farcaster experience by allowing creators and their followers to share in the profits earned from social engagement. Moxie aims to attach economic incentives to Farcaster at the protocol level. The way it does this will be described below.
Built by Jason Goldberg (@betashop.eth) & the Airstack team, Moxie is an entirely new way to incentivize good content on Farcaster. If you're at all familiar with Airstack, you will be familiar with 'Not A Token' points which were earned for engagement (and other activities), then converted to a DEGEN airdrop each month. Moxie tokens will be replacing 'Not A Token'.
Anyone on Farcaster can participate in the Moxie Protocol - as long as they own the soulbound NFT. Luckily for you, I've already tracked down where to get it. You can mint this NFT here: https://warpcast.com/betashop.eth/0xd375d45d
Moxie Protocol will allow any entity on Farcaster to sell fan tokens. This means fan tokens for individual casters & the channels that they own. There will even be fan tokens for the entire Farcaster protocol. Holders of a fan token will share in the Moxie earned by a particular entity, whether that's a caster, a channel, or the entire Farcaster protocol.
All Moxie tokens earned from a cast will be automatically split:
- 50% to the member who created the cast
- 20% to fans of that caster
- 20% to fans of the channel where the cast was made
- 10% to fans of the entire Farcaster network
Here is an example that might help you understand it more easily. @dwr.eth makes a cast showing off his favorite toe spacers and earns 5000 Moxie for the engagement he gets on that cast. Those 5000 moxie would be broken down as follows:
- 2500 Moxie to @dwr.eth
- 1000 Moxie to fans of @dwr.eth
- 1000 Moxie to fans of the channel where @dwr.eth casted
- 500 Moxie to fans of the entire Farcaster network.
You can check to see if you qualify for a Moxie airdrop on this cast: https://warpcast.com/betashop.eth/0x81a9fd91
Moxie Protocol is going to offer creators and their followers an entirely new way to collaborate & profit together. Because Moxie will be earned based on engagement, the protocol will incentivize strong communities who work together to create strong content.
If you have talked to me at all recently, you know that I was a big fan of DEGEN Season 5 when allowances were based on Openrank. I thought it served to dramatically improve the quality of content and interactions on Farcaster. Moxie will create a similar incentive for good content and replies, but at the protocol level.
With the Success channel, I have had to rely on manually rewarding the best content creators - with tips, direct payments, rounds.wtf, etc. With Moxie Protocol, followers and channel participants will be rewarded automatically. It will allow communities to invest in themselves.
Imagine an entire channel full of participants, all with skin in the game. That is what Moxie Protocol is going to enable. For myself, and for members of the Success Community, I am beyond excited about this. It's going to give us an even more rewarding system to build together on.
We are so early that we can be the first participants in Moxie! I will be jumping in with both feet and giving it my full attention. It is an entirely new system to learn and understand though, so let's do it together!
Maretus.eth
Frame is now properly working, so I guess it's the right time to remind you that my Fan Token auction is live for another day 🙌 Current clearing price 20 Ⓜ️ , feels like a bargain to me 👀
Less gooooo🚀🖤
Brooo so pumped for this 🔥
Best of luck t0ma! I need to understand all this
Awesome!
still dont have a clue how the hell this works xD
Have a look at this article by @maretus , it explains it pretty well https://paragraph.xyz/@maretus.eth/moxie-protocol-for-laymen
Already bid, fam. LFG!
Ayeee thank you Fernando 🍻 50 $degen to bring you good luck on the auction
Thanks t0ma, might increase the bid soon!
Tic Toc mfers👀 You ready?
Im not. Haha dont have much moxie to bid now
Hahaa no
We start together 🔥
Don't really understand how this will work What's the best way to learn about it?
This will do brother🫂🖤 https://paragraph.xyz/@maretus.eth/moxie-protocol-for-laymen
I can't wait, pushhhhh 💙
Finally. 🥳 Been waiting for this one. First, I owe you, second I want it. 🖤 🖤
Aaaaah king🖤🫠
I waiting for this 🔥🫡
Doing numbers fam 👀
Notis turned on
YUP🫡
Hello! It's me again Wondering if my frens can come out and play
You’re alive!!
Yup! I've been traveling and don't have Warpcast downloaded on my new phone so I could take a fat dopamine detox 😅 back and ready to reply though
Good to have you back. Hope it was a great trip!
Bro, I hope you aren't missing out on Moxie. It's going to be LIT AF. Probably higher than 1B MC eventually.
Did I come back at the perfect time or a tiny bit late? Pretty sure I qualified for an airdrop
A tiny bit late. But, definitely still early, but you'd have to start casting more lol. Basically, right now, I've been pulling in almost $300/day in earnings from casts in moxie. :P On top of like 500k in moxie profits from fan tokens.
What is Moxie Maretus? I've been a bit busy with work the last week and out of the loop. 5 $degen
https://paragraph.xyz/@maretus.eth/moxie-protocol-for-laymen
Hey fren, we’re here to play!! ❤️🔥
Hi Fuego!!! How's it been?
Life is good fam, starting to lock back in with the purple app! Hbu?? 🔥
Hello bro how are you
Amazing, ready to grind again!
hi stiickz 💜
Howdy Zoo! How's it been for you?
head down building mode 🤓 hbu? am enjoying your travelboi arc btw 💜
i fkin miss you dawg
Miss you loads Socks! Time to get back to the grind 💪
Ohhhhh shit you BACK!? LETS GOOOO
henlooooo stiicckkkzzzzzzzzz welcome baccc
Thanks Ruggy! How's everything been for you?
not bad so far, life is good. how was vacay??? 40 $degen
@buildbot nom @stiickz
Thanks Boss! What does this mean though?
Its /build nominations 🔵 If u have talent passport you get a builder score and u can nominate builders
gm Stiickz!! How have you been doing brotha its been a minute
Dude been living on 100, no lie. But I overspent on traveling all summer, kind of worked my account down alot. Came back, no clue of Moxie and feel like it's the biggest blessing in the world. Want to run around the neighborhood and scream.
hahaha lets go!!! Yeah bro, today was the first time I heard about Moxie as well. Very exciting things for sure! And hey bro at least you got to enjoy your summer travelling, life is short. It's important to live and travel. You will get those bags back up in no time 💯
What uppppp how you livin??
Living life on 100 lately. Finally had a break from traveling to be a replyguy again 😅 how's life been for you Ryan?
A break from traveling 😆 fuck me sideways I WISH lmao glad you’re enjoying man, that’s amazing! Enjoying the last few weeks of a chill summer before shit gets hectic again with all my kids and school and sports
Gm dreamers🖤 It’s a beautiful time to reply Ⓜ️oar, if you know what I mean🤷🏻♂️ Have a good one✨
Sr i dont know 🥹 but we keep vibing 🍖 x 111 $degen
I bet you know mfer👀
You've tipped 111 DEGEN and have 632 DEGEN remaining.
Tipped: 111 Today's Allocation: 8025 Total Tipped Today: 4798 Remaining Allocation: 3227 Balance: 108196 Ham Score: 8 Rank: 63
gm push! let’s get to it
G to the M big bro✨🖤
Friend, have a wonderful mood for the whole day 💜🙌 177 $degen
Aaaah thanks baby gal💆🏻♂️🖤 Wish you the exact same✨ 🍖x222
good morning push!
Gmgm fam🖤
Gm bro 🍖x69
Gm fam🖤 🍖x79
Tipped: 79 Today's Allocation: 3375 Total Tipped Today: 1834 Remaining Allocation: 1541 Balance: 124380 Ham Score: 3 Rank: 255
Tipped: 69 Today's Allocation: 3004 Total Tipped Today: 1027 Remaining Allocation: 1977 Balance: 2939 Ham Score: 3 Rank: 288
gm bro 42 $degen
Gmgm fam🖤 Have a good day✨
You've tipped 42 DEGEN and have 561 DEGEN remaining.
good morning my friend 55 $degen and 🍖x222
Gmgm ma big bro✨🖤
Gm push! Happy hump day!
Back to you ma fam🖤 🍖x42 $degen
Tipped: 42 Today's Allocation: 3375 Total Tipped Today: 1797 Remaining Allocation: 1578 Balance: 124416 Ham Score: 3 Rank: 255
Good morning bro, I got you :) 🍖x69 $degen
King knows how it works👀🖤 🍖 x 69 $degen
Tipped: 69 Today's Allocation: 3375 Total Tipped Today: 670 Remaining Allocation: 2705 Balance: 124866 Ham Score: 3 Rank: 255
Gmgm push, happy claim days 🎩💜🥳