Hello everyone! My name is Brian Flynn and I’m looking forward to being an active contributor in the Rally community. I’ve spent the past 3 months launching a social token ($JAMM) and have been using it in both crypto-native ways (access to a newsletter) and distribution (reward for donating).
The Rally Network is exciting to me because it’s the first permissionless way for a community to have an alignment between all creators on the network. That’s really powerful. But with this great power comes great responsibility.
In the beginning, we need to make a decision on whether to accept everyone to the Rally Registry or keep the bar high. The benefit of keeping the bar high is that it keeps out bad actors from the network. The downside is that it limits the reach and awareness levels of Rally.
It might seem favorable to the community to let everyone in, but this will make it more difficult to amend the Registry later on. I recommend keeping the bar high to draw in the highest quality of creators to Rally. This will also let us focus on the growth of individual creators on the network and study how they’re using their Creator Coin.
Proposal: We should increase the quorum of $RLY to get accepted into the Rally Registry to minimum 50,000 $RLY. This will encourage more creators to be aware of the votes and also have them campaign for votes with $RLY holders.