michael (mjc716)
@mjayceee
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app developer @viaspotlight
Williamsburg, Brooklyn
Joined December 2009
We're live!
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stani: hayden is too much of a lib
My concerns around the Uniswap Labs proposal: While I appreciate Hayden’s and Uniswap Labs’ commitment to refocusing attention on the Uniswap protocol, and while that may be the right direction for them, I find that the proposal does not lead to the best outcome when applied
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Still deep-diving these contracts (and probably will be for a few weeks as they are very complex) but the new @Uniswap protocol solves some genuinely hard problems while maintaining a lot of expressivity The question with launchpads I always have is: does flattening edge, i.e.,
Token distributions often happen behind closed doors, creating information gaps and privileging a few players We think there's a better way Today, we're launching the Continuous Clearing Auction Protocol
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agree and align with most of this
the quoted tweet "why no QR on the Base batches?" prompted me to write long-form so i am sharing it here instead of as a reply for increased visibility since i spent the time to write it and it might be an interesting or valuable perspective to some people who are more likely to
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There are many approaches to explore here and we’re looking forward to experimenting. More soon on the prediction markets-adjacent project we’re developing and planning as either the first or second drop under the new model
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For $SPOTLIGHT, we’re committing to every drop driving value in some form to the hub token. That could mean we launch a new token and pair liquidity against the hub. Or we might distribute the new token to users willing to burn the hub token. Or we might buy and burn the hub
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This poses a bit of a problem for the community of users and investors who want to support you How do they know which asset provides long term exposure to your vision? That’s where the hub token demonstrates its role and value
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Finding the balance between quality and quantity is, of course, critical. But as a rule, those of us building in this space need to be experimenting with more tokens and more mechanism designs
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So while we’re still taking big swings with the aim of building products to last, we need to be taking many shots on goal. That’s three sports metaphors in one sentence to emphasize the point.
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The cost to build apps is trending towards zero The attention shelf life of social products is as short as ever And crypto has exposed us to an infinite unexplored capital markets design space.
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The hub token model we introduced yesterday for $SPOTLIGHT is the endgame for crypto social Here's why
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Any wacky ICM experiments you’d like to see Jesse or others? Next drop is off the edge but want to hear more legit out of left field ideas
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Just added another collection to the Spotlight Museum of Art as part of @viaspotlight airdrop Accepting up to 100 FID Punks, a popular Farcaster-native collection We'll keep on adding collections until the 5% airdrop is claimed
As part of the launch airdrop, we're creating an art museum via the Farcaster feed in real time Check it out:
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So we're building a studio What and why? Our learnings from building in this space are that: - there's so much design space to explore - attention spans are short - people like new tokens So that means we need to run a lot of experiments. Taking big swings with the
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As part of the launch airdrop, we're creating an art museum via the Farcaster feed in real time Check it out:
farcaster.xyz
🔔 🔔 Finally, we’re dropping our first project right now in this very post! It's both an in-feed airdrop program and a mini app experience. Excited to announce: 🏛️🏛️ The Spotlight Museum of Art...
We're live!
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Okay, another ICM player, @viaspotlight ( $SPOTLIGHT ) has entered the arena. Now we’ve got: - @useBackroom, backed by @aerodrome ( $ROOM, $AERO ) - @clanker_world ( $CLANKER ) - @noicedotso ( $noice, $oracle ) - @feyprotocol ( $FEY ) - @longdotxyz ( $FRAME ) - @echodotxyz
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