1/ Coining a new DeFi term: user farming 👇
This will be gamechanging
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Conversation
2/ First, ATQ capital has launched mirrorwallet.com, a sexy mobile interface to trade synthetics.
Marketwatch: shorturl.at/enCEP
Android: play.google.com/store/apps/det
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3/ Mirror wallet will eat 's lunch - it is one of the sleekest apps ever made in crypto, and it allows global, 24/7 access to any asset class.
But most exciting: the wallet will be entirely open source, and *forks are encouraged*
Replying to
4/ In the coming days, I will be working with ATQ to propose a "user farming framework" where developers can fork the mirror wallet (or build from scratch), and be compensated from the on-chain MIR community fund for acquiring users that trade mirrored assets
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5/ App developers are marginalized in crypto
"Fair launches" only reward traders & LPs
Only developers that issue tokens make money, which has led to a million shitcoins and no users
user farming allows marginal businesses to be built on the network
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6/ We expect developers from the world over to add their own onramps, localizations, and curate assets in line with their GTM to drive user engagement with mirrored assets.
The mirror wallet is about to become mirrored - a hundred times over
Great for
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7/ All funding grants will be approved and paid for by on-chain governance proposals.
We need the $MIR token holder community to coalesce and think deeply about the right incentive framework that is credible and fair
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8/ Any app developer that is interested in launching their own wallet, feel free to DM - would love to work with many of you.
Or don't - I have no power over mirror and you don't need to work with me to farm users
-end-
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Really?! You don't own the underlying asset so you're purchasing of the 'stock' won't actually impact the real price. Also you don't get dividends etc. Plus People love Robinhood, which spends $$$ on marketing.