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Based
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Based
@Basedappcom
internet opinion markets for trading narratives. testnet live: https://t.co/LdGpyrXzo9
Katılım Ocak 2025
332 Takip Edilen76.1K Takipçiler
Most systems only work because enough people cooperate despite having an incentive not to
The margin is thinner than you think. Here there are no stakes and blue barely holds
Add real stakes and that narrow margin disappears. People flip, trust breaks, system collapses. FTX, Luna, even the toilet paper mania during covid
This is the failure mode “trustless” systems are trying to remove
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make it red & green and add money
this becomes very interesting
Tim Urban@waitbutwhy
Everyone in the world has to take a private vote by pressing a red or blue button. If more than 50% of people press the blue button, everyone survives. If less than 50% of people press the blue button, only people who pressed the red button survive. Which button would you press?
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Maybe a market that is the oracle
someone should build this
Evan Solomon@Evanzsolomon
I understand the oracle problem is very difficult for Opinion Markets but why can't google search trends be the baseline? Would love to chat with anyone building a product allowing you to trade google trends.
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@Basedappcom Do we have to keep the positions open or can we close them as soon as we hit profits?
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@Basedappcom Being wrong is free" is exactly why the feed feels like a ghost town of bots and engagement farmers. 🤖📉 Making conviction cost something is the only way to restore sanity to the internet. Based isn't just an app; it's a filter for truth.
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convert bananas to based token while you can.
whatever your count is at snapshot is what you carry forward.
the testnet closes when it closes.
do tasks now → app.basedapp.com
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@Basedappcom Is holding bananas important or holdin based token more important which should i hold
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@Basedappcom Every day I exchange bananas for tickets and collect tokens
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