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Leaderboards & How to Social Token

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Leaderboards & How to Social Token

Richard Patey
Jun 23, 2021
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Leaderboards & How to Social Token

pledge.substack.com

I needed a breather from my long-form newsletter last week on Why Creators Should Choose Protocols Over Subscriptions, so have used the in-built functionality of Revue to drag and drop recent links I've shared on Twitter (follow me).

Ok, onto what had the biggest impact on me this week:

  • What purists miss in their devotion to the collective is that all communities start with an individual. Creator tokens will be the first to go mainstream.

  • Analysis of on-chain activity of social tokens tracked by Forefront.

  • FWB has quickly become one of the most exciting social experiments on the internet.

  • Implicit in the name ‘Web3’ is the expectation of replacement. In technology, versions are successors. When the new model comes out, we upgrade and the older one is replaced and forgotten.

Social tokens - the gateway drug to crypto

If you're looking to buy crypto to get into the world of social tokens (and DAOs), this is how I do it:

1) Buy Ethereum (ETH) - I use Coinbase (link gets us both $10 in free Bitcoin) and Binance (link gets us both 10% back).

2) Download Metamask wallet and send ETH to it.

3) Use Uniswap to swap ETH for the social token (i.e. $WHALE). Make sure you use the correct contract address. For example, $FWB link to their token on their homepage.

That's it for this week.

Cheers

Richard

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Leaderboards & How to Social Token

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