Alana Levin
@alanadlevin
I believe all of these things simultaneously: 1. Expanding the set of ways for people to earn online is good (and @zora is playing a role in this) 2. Earning on platforms like Zora is not an apples-to-apples comparison with Instagram payouts. It's an actively bad comparison when reasoning about second-order effects. The top of funnel source of funds is entirely different (businesses looking to convert customers on Insta vs. retail consumers on Zora) 3. The business model for tokenized content is still immature. It took attention platforms years of iteration to hone ads-based business models, and years more to start sharing with the people creating content. It'll likely take many iterations to figure out sustainable models for tokenized content (i.e. it can't just be retail speculating), but accelerating the timeline for sharing earnings with creators is good
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ted (not lasso)
@ted
love this so much. there’s so much nuance to the space and black-and-white comparisons or anointing one specific model as the prodigal solution to fix content monetization, when the topography of content platforms and creators is so vast, makes it seem like we don’t actually understand the nuance.
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Uneeb Agha
@0xasdf
I've this theory that the biggest win for memecoins is community formation. We saw this trends with NFTs as well in the past. They help bootstrap your loyalest supporters. The reason why I don't like memecoins is that often times they are extractive. We've see this play out a million times. No content (or product for that matter) will be able to keep up with the pressure of going up forever.
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