fish
@cryptofishx
Building the source of truth for who's actually right about the markets, so real skill reigns supreme @forecaster_gg
Also @lfj_gg @merchantmoe_xyz @joepegsnft
Joined March 2021
1.9K Following 69.9K Followers
The problem with callout rewards is that they’re optimised for indiscriminate volume, not for whether the call is correct.
> KOL calls a coin
> followers buy
> people sell into the pump
> KOL earns rewards whether it pumps or dumps
A better design would reward callers only if the call proves right.
That’s the mechanism design at the centre of @Forecaster_gg.
Make good calls. Make money.
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We thought its important to also call out the bad actors that destroy this space.
We tried to be as neutral as possible and back our claims with data.
The visual should show you enough.
$4.4M have been distributed among these people for calling out coins that are on average down 74% after a day.
This is a small sample but shows the incentives very well.
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