The concept of social media community tokens has completely failed - change my mind.

Hello @ r/ cc

I loved the idea of community tokens, but the more I think about it and the more I learn, the more pessimistic I become. Here are a few points I have come up with:

• The tokens are monetised, so they tend to be centralised (if you look at the distribution). Early adopters will always hold the majority of tokens (and therefore the majority of votes).
• You can literally buy votes (but most people buy them to speculate on higher prices).
• Moons have turned this sub into a madhouse before "sunset". Meaningless comments to farm moons.
• I've been to the cone sub and the users are very nice and positive. But it's all about the token and nothing else. There is no other topic than tipping and spreading the word about cones.
• The CCIP votes in r/cc: Most of them are about token distribution, because that's what people cared about. Almost no one cared about the quality of the content posted here. Maintain low-effort link posts? Hell yeah, give us moons.
• For me, the most important argument is this: If you give money as an incentive to post, people will post what everyone wants to hear. It's the perfect echo chamber.

I think the concept failed completely. Please change my mind. Maybe I'm just salty because I was late to the party and didn't get a single distribution?