Cover photo

early wildcard reflections

skin in the game

mleejr

mleejr

you feel your best in life at two times: when you help someone else and when you give your best effort at something.

i was talking with a friend earlier this week over coffee abt wildcard and they were confused as to why i would give the tips i receive back to holders...this friend is not crypto native so the perspective was great and unlocked some things in my mind. helping others often includes the act of giving or sharing...whether it's time, knowledge, effort, resources, or other forms of support. the act of giving brings a sense of satisfaction and fulfillment, knowing that you have positively impacted someone’s day.

im viewing my recent wildcard participation (and gamification) as an early experiment. social and economic incentive structures involving crypto fascinate me and i spend a lot of time thinking abt this. ive tested many of the socialfi apps up to this point and for the most part have passed pretty quickly. wildcard hit different from the getgo for many reasons...ill share a few below.

built on farcaster

wildcard is an app built on farcaster, tapping into half a million existing users. this makes it fun because a lot of our friends are already there. even if those friends don't become users of the wildcard app right away, we still have the ability to engage with them both socially and economically in a permissionless manner. building on farcaster is a significant advantage, providing an opportunity to bootstrap network effects right from the start, making wildcard's economic incentives and social engagement more impactful on day 1.

tipping system and allowance

wildcard has native tipping system where users can reward others using $WILD. users start with a daily tipping allowance of 1500 $WILD, which can be increased to 2500 $WILD for holding at least 1 ticket in total or 2000 $WILD for holding at least 0.001 ticket. this tipping system not only rewards quality content but also encourages active participation and engagement within the community.

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sharing in success

wildcard gives users the ability to share in the success of others by holding their tickets. this feature alone is a game-changer for how we engage with and support each other on social networks. by holding a wildcard user’s ticket, you become more than just a passive follower...you now have skin in the game and are aligned with their success.

every time a user receives tips in $WILD, 25% of those tips are distributed among their ticket holders. as their influence and attention grow, so does the value of holding their ticket. this alignment of incentives has the potential to drive positive community actions, with interests aligned both socially and economically.

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fractional tickets

wildcard gives users the ability to buy fractional tickets...this means you don’t have to break the bank to get skin in the game with any user on the platform. it also allows for more diversified ticket portfolios...i currently hold over 30 users tickets and growing that number by the day.

future potential

we are only beginning to understand the alignments, actions, and user creativity that this type of skin in the game social economics will generate...barely scratching the surface. there are obviously a lot of variables to consider...but im convinced incentive models like this are the future of social.

"you can have everything in life you want, if you will just help enough other people get what they want." -hilary ziglar

🌎-'

WildcardFarcaster
Wildcard
Commented 11 months ago

Thank you, @mleejr, for this beautiful writeup on /wildcardclub 👑. We've just started and have a long way to go, but your reassuring reflection has strengthened our conviction to go WILD!

CartesseFarcaster
Cartesse
Commented 11 months ago

Ok thank you for the very good article !! Gonna look more and try the app !! 🍖x300

SunnyDayeFarcaster
SunnyDaye
Commented 11 months ago

Tried to open it and tried to read it inline here on /wildcardclub but it's not working. had to switch to warpcast to read it 🥶

WildcardFarcaster
Wildcard
Commented 11 months ago

We are working on providing full frame support.

RabidArtWorkFarcaster
RabidArtWork
Commented 11 months ago

Noice

mleejrFarcaster
mleejr
Commented 11 months ago

thank you joaoh.eth — i appreciate you collecting my article on /wildcardclub the article can be read here: https://paragraph.xyz/@nfa/wildcard-reflections

SymbiotechFarcaster
Symbiotech
Commented 11 months ago

69 $DEGEN 🎭

max 🧱Farcaster
max 🧱
Commented 11 months ago

"you feel your best in life at two times: when you help someone else and when you give your best effort at something" beast

mleejrFarcaster
mleejr
Commented 11 months ago

it’s true isn’t it

max 🧱Farcaster
max 🧱
Commented 11 months ago

It’s the connoisseur choice of dopamine

sartocratesFarcaster
sartocrates
Commented 11 months ago

banger

sartocratesFarcaster
sartocrates
Commented 11 months ago

1000 👏

borstFarcaster
borst
Commented 11 months ago

44 $DEGEN

0xDeadFarcaster
0xDead
Commented 11 months ago

100 $wild

NMercyFarcaster
NMercy
Commented 11 months ago

congrats 🫡

RabidArtWorkFarcaster
RabidArtWork
Commented 11 months ago

👏

mleejrFarcaster
mleejr
Commented 1 year ago

shared some of my early thoughts on what makes /wildcardclub interesting https://paragraph.xyz/@nfa/wildcard-reflections

itslemon.ethFarcaster
itslemon.eth
Commented 1 year ago

450 $wild

StaraptorFarcaster
Staraptor
Commented 1 year ago

Based. 140 $farther

samvoxFarcaster
samvox
Commented 1 year ago

Good day, WILD fam!

Miladbegdeli.base.eth 🔵🎩Farcaster
Miladbegdeli.base.eth 🔵🎩
Commented 1 year ago

MONEY FIRED 10 $WILD

loop2021Farcaster
loop2021
Commented 1 year ago

cool 🫡 100 $wild

Flex 🔵 🔮🎩🍖🎭Farcaster
Flex 🔵 🔮🎩🍖🎭
Commented 1 year ago

Your card is so wild 200 $WILD for you

y_sawFarcaster
y_saw
Commented 1 year ago

tnx bro!! 100 $wild

RabidArtWorkFarcaster
RabidArtWork
Commented 1 year ago

🍖x50

mojFarcaster
moj
Commented 1 year ago

50 $wild

mleejrFarcaster
mleejr
Commented 1 year ago

early wildcard reflections

Windy|₿Ξ∞🎩Farcaster
Windy|₿Ξ∞🎩
Commented 1 year ago

Great reflections 100 $WILD

FCPFarcaster
FCP
Commented 1 year ago

400 $wild

kevin mfer 🎩Farcaster
kevin mfer 🎩
Commented 1 year ago

thank god u casted this banger today 😂 420 $wild

mleejrFarcaster
mleejr
Commented 1 year ago

😭😭😭

ShayaFarcaster
Shaya
Commented 1 year ago

100 $degen

einik🎩Farcaster
einik🎩
Commented 1 year ago

We are so early

emt 🎩Farcaster
emt 🎩
Commented 1 year ago

Great write-up. Hit the high points and did so in a way that those not already in the game will understand. Well done, dude 1690 $WILD

cav4lierFarcaster
cav4lier
Commented 1 year ago

Wild vibes forever! 333 $WILD. 🃏

borstFarcaster
borst
Commented 1 year ago

Love it, bro. Thanks for the write-up. Was just thinking about making one this morning too. Here to push /wildcardclub with you

mleejrFarcaster
mleejr
Commented 1 year ago

🙏🧡

samvoxFarcaster
samvox
Commented 1 year ago

yessssss

JGFarcaster
JG
Commented 1 year ago

What is the incentive to tip outside of the tickets you already hold? I understand tip content you like regardless (I've done that) But from a game theory perspective, why wouldn't I just tip my daily allowance to my biggest ticket holding in order to earn more wild?

mleejrFarcaster
mleejr
Commented 1 year ago

if you want to focus on maximizing your tip share immediately then exclusively tipping your biggest ticket holdings might be the way…there are other reasons tho: -rewarding quality content -building relationships -enhancing your reputation diversifying your tip share could lead to longer term value.

early wildcard reflections