YouFolio Alpha Update.

Thank you to those of you who have been participating in the YouFolio Alpha! This period is meant for us to experiment and learn from the community.

Now that the alpha has been going on for about a week, we'd like to review it and the community feedback.

@chaoticmonk.lens provided some great feedback about the potential of bots in the future. Since posts can be collected by a bot, it's likely that almost all Creator Tokens in the future would be minted by bots and not people, which creates a problem. Additionally, he found the use of only the first minted Post as a Creator Token to seem arbitrary and exclusionary to the rest of the collectors, which is a valid concern. We've come up with a solution that should solve both of those problems and are looking forwards to implementing it and testing it, this is why we have the alpha! The solution would include an auction mechanism for all new posts, very similar to how Nouns DAO works. More details coming soon!

@danisnearby.lens has created a Creator Token gated telegram chat for @stani.lens Lens DAO, and it's been a pleasant place to discuss topics related to DAOs and other Lens ideas. This was created after the (still small) community voted for it on Tally.

@grams.lens has also created a token gated chat for his DAO and also included different ways to enter like owning other NFTs he's created on other platforms.

We've introduced holders-only feeds that the community have been experimenting with. To post to a creator's feed and to view it, users need to hold the creator's token

There have been a number of great creators on Lens who have reached out to have their own DAOs, which is great! For now we're keeping the number of DAOs very small, as YouFolio is still in alpha, but we look forward to adding more soon!

We've noticed that many of the existing holders of Creator Tokens (first NFT minted from a post) haven't been active in the community and probably don't even know about YouFolio! This obviously creates a problem when a big part of the holders don't know about the community. We're looking into a way to keep community members that have been active and redistribute ownership in a fair way to those that want to be part of the community from those that don't. Stay tuned for more info!

Overall, this week has been a great learning experience for us and the community and is exactly why we have an alpha in the first place... to figure out how to build the best product we can!