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Arti Villa
@artivilla.eth
thoughts on the drama. this isn’t any different than a hedge fund buying equity and people speculating on it. the markets correct themselves and people get used to chains&brands not only creating content tokens but owning a piece of the upside from other brands. it’s going to take a while to get used to. tbh, i had to sit and listen to a 2hr pod on this to get it. most content will be worth not much but the podcasts who have popular shows will have direct value on their own creations. some will support as a patrons, some will speculate but it net benefits the creator who minted it. the longer the pod, the more the value of past content. imagine owning a piece of lex or bankless or whatever you fancy. now, here is the fun part! as more things come onchain, the leaderboards are based on price discovery vs older forms of liquidity. the rug was truly sad. def undermines what they were doing. https://youtu.be/OTVBeLhEDAI?feature=shared
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Apurv
@apurvkaushal
why a token standard & not NFT?
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Arti Villa
@artivilla.eth
not liquid enough, doesn’t show up on trading portals and wallets the way tokens do. the interfaces today r designed more like a collectors items, not to trade them. floor prices r often gamed but the collection just buying up the bottom item so it doesn’t act as a realtime price discovery mechanism. all good questions. i’m not defending them. im choosing not to take sides. things in the world r the way they r and im just trying to be an earnest student.
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