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

You should be following @alanadlevin 

She’s batting 1000 when it comes to good takes

Investing @variant, writing at https://backoftheenvelope.substack.com/

friendly neighborhood shitcaster // working on @pinetree

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

This is the million dollar question

On the pro side, we're speed running 1000 years of finance in decades

On the con side, we're making all the same mistakes but compressed into decades

At what point does immaturity of the industry cease to be an excuse? 

50 years from now? 100?