Use Case: Channel Communities & DAOs

Communities on Farcaster organize around Channels.

With the Moxie Protocol, Channels are able to sell ownership to their members in the form of Fan Tokens, first via Auction and then continuously on a logarithmic bonding curve that rewards utility over speculation.

Fan Token ownership provides Members with numerous benefits, including:

• post content into the channel

• participate in private chat groups

• participate in Rewards earned by the Channel (e.g. from advertisers)

• vote on community decisions (as a member-owned DAO)

• be featured in Fans-only feeds

• offer services into the channel

• access the channel's products

• earn rewards from streaks and other channel loyalty programs

This diagram show the flow from Channel FTA Batch Auction to ongoing participation via Bonding Curve through Rewards and Payouts.

This page shows an example of viewing the Channel's Fan Token holders and details

This page shows how a channel can easily enable only its Fan Token Holders to cast into the channel