Ep. 109: Feelings Check In. 1) A Points Explainer 2) Big Zine Edition 02 Feelings

This podcast episode explores the concept of cryptocurrency and decentralized finance (DeFi), with a particular focus on the use of points and the controversies surrounding them. The hosts discuss their curiosity about crypto and DeFi, remarking on the creativity and speed of DeFi compared to traditional finance. They introduce the guest, Seraphim, who provides insights into the pro-points perspective. The conversation delves into the role of points in airdrops, the criticisms of points mechanisms, and the controversy surrounding Blast, a platform perceived as a pyramid scheme. The hosts also touch on the newly launched OnChainPoints meme token and reflect on their own experimentation with points within their Boys Club ecosystem. The episode concludes with a discussion on the launch of their zine and the journey of vulnerability and self-reflection that follows. Overall, this episode explores the complexities and potential of points in the crypto world and highlights the importance of collaboration, care in partnerships, and the pursuit of meaningful work. Takeaways • The hosts express their curiosity about crypto and DeFi, acknowledging their newness to the subject but expressing excitement to explore it. • DeFi is characterized by its creativity and speed compared to traditional finance, prompting the hosts to make analogies between DeFi and elaborate gym routines. • Points have become a hot topic in the crypto space, with people eagerly awaiting airdrops and engaging in on-chain actions to receive token rewards. • The use of points in airdrops offers more flexibility and discretion for project founders but raises concerns about decentralization and regulatory oversight. • Blast, a platform using points mechanisms, has been both successful and controversial, with criticisms ranging from lack of decentralization to perceived ease of success. • Despite criticisms, the points mechanism approach provides opportunities for innovation, customization, and flexibility. • The hosts reflect on their own experimentation with points within their Boys Club ecosystem and the potential for cyclical sentiment towards points. • The episode also discusses the launch of the hosts' zine, highlighting collaboration, the celebration of talented artists, and the challenges and vulnerability experienced after the launch. • The importance of care in partnerships, the value of meaningful work, and the gratitude towards the podcast listeners and zine readers are emphasized.