EM, Crew! We’re back with another lively recap of Early Morning Crew, and this one’s bursting with updates, experiments, and insights that’ll leave you buzzing. From the evolution of channel tokens to Rodeo’s electrifying rise, here’s everything you missed (or need to relive).
$CABAL Launch: Redefining Community Value
Humpty gave us the lowdown on CryptoSapiens’ channel token, Cabal. Built on Base, Cabal leverages OpenRank’s transparent reputation scores to reward valuable contributions across decentralized social graphs. Here’s the magic:
Tokenomics: 50% of Cabal is locked in a liquidity pool, while the other 50% is distributed to channel members over three years. Weekly claims ensure active contributors keep earning.
Retroactive Airdrops: Tokens are also allocated to past contributors, and Humpty’s using his share to reward members holding podcast NFTs or who are subscribed through Hypersub.
Takeaway: Cabal’s structure isn’t just about distribution; it’s about weaving density into creator-community graphs. Keep an eye out for the CABAL manifesto detailing this vision.
Innovation Inspiration: The CABAL launch demonstrates how tokenomics can empower decentralized networks to thrive sustainably, creating new paths for engagement and value creation.
Rodeo: The NFT Marketplace That’s Taking Over
The team couldn’t stop gushing about Rodeo’s meteoric rise. Diana rediscovered her love for NFTs (cue 2020 nostalgia) and minted new pieces, while Pichi highlighted Rodeo’s seamless social graph integration:
Why It’s Winning: Rodeo makes art discovery a social experience. You can see what your friends mint, track offers, and explore dynamic leaderboards – all with an intuitive UI.
The Secondary Market Frenzy: With built-in 5X offers and higher, the marketplace has gamified NFT trading. As Pichi put it, “It’s terrifyingly addictive but brilliant for community growth.”
Cross-Platform Power: Rodeo’s integration with Farcaster and Twitter means creators can bring their social graph seamlessly into the NFT space, connecting disparate communities.
Future Experiments: Humpty teased a possible Cabal airdrop for Rodeo collectors, while Diana promised to dive deeper into the platform. (Expect her collection to explode soon!)
The Hidden Superpower: Farcaster’s Social Graph
This episode reinforced Farcaster’s potential as a decentralized, interconnected ecosystem. Discussions around Rodeo and OpenRank highlighted how social graphs are driving tokenomics and content distribution. But questions linger:
Why hasn’t Warpcast integrated more features like Rodeo?
Should Farcaster lean into becoming a multi-media platform or stick with text-based prioritization?
Innovative Momentum: The beauty of Farcaster’s social graph lies in its flexibility, enabling experiments like Cabal and Rodeo to thrive. It’s a reminder of the potential for scalable, user-driven innovation across Web3.
These debates are shaping the future of decentralized networks, and your feedback is crucial.
In Case You Missed It
Diana’s Rodeo Journey: From collector to creator, she’s on fire. (We’re rooting for her badge collection dreams!)
Deployer Appreciation: Humpty and Pichi gave flowers to Deployer for pioneering tokenomics on Farcaster and $HAM.
Zora vs. Rodeo: Pichi broke down why Zora’s missteps became Rodeo’s gain. The artist revolt is real, and Farconomy’s dashboards prove it.
Social Connectivity: Conversations also explored how Farcaster’s event and location tagging could evolve to create richer, more intuitive social experiences for users.
Final Notes
Whether it’s channel tokens, Rodeo’s addictive marketplace, or the ever-expanding creator stack on Farcaster, one thing is clear: we’re building something extraordinary together. Let’s keep experimenting, innovating, and supporting each other.
EM and have a stellar weekend, Crew!
– The Early Morning Crew
