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Re:Ask HN: Why is it assumed to be harder to bootstrap a Red... by ActorNightly on Sunday July 16, 2023 @03:21AM (#36744434)
Basically create a website that has some monetary rewards for participation, tied with some mechanics that leverage trading, FOMO and gambling.

If you need proof this (i.e participating for a shot at monetary reward) works, look back at when Valve first implemented the ability to trade cosmetics with TF2, and look at how that evolved.

Its actually simple enough to where Im surprised this hasn't been done already considering this happened https://finematics.com/vampire-attack-sushiswap-explained/

Re:Ask HN: Why is it assumed to be harder to bootstrap a Red... by ManlyBread on Sunday July 16, 2023 @05:16AM (#36745025)
That's a great way to get large amount of people who are interested in exploiting your site for profit while getting no genuine users whatsoever.
Re:Ask HN: Why is it assumed to be harder to bootstrap a Red... by Lk7Of3vfJS2n on Sunday July 16, 2023 @08:55AM (#36746477)
What's your definition of a genuine user?
Re:Ask HN: Why is it assumed to be harder to bootstrap a Red... by mikequinlan on Sunday July 16, 2023 @09:14AM (#36746643)
One that isn't a bot and isn't a scammer or spammer.
Re:Ask HN: Why is it assumed to be harder to bootstrap a Red... by ActorNightly on Monday July 17, 2023 @03:04AM (#36754999)
When I say create a website, I don't mean hire some fresh grads to write some basic crypto blockchain on top of reddit.

You of course need to design the system to be secure. You can do this in a number of ways.