JA Westenberg
@joanwestenberg.eth
Okay. Red teaming this. Why would I launch a creator coin? Isn't speculation likely to destroy good will on Farcaster etc or attract an audience that don't actually care about my work? What's the end game here, and how does this end well for me / my readers and audience? Curious to hear...
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Alex
@asenderling.eth
-Isn't speculation likely to destroy good will on Farcaster etc or attract an audience that don't actually care about my work? At scale (more coined content by you and others) this becomes less of a problem as the primary people buying your coined posts will be those who want to support you long term. You can also burn it choose not to sell your supply of the token (if you want to avoid 'dumping on your followers'), and you will still make money on the trading fees sent to you automatically.
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nikolaii.eth 🚀
@nikolaii.eth
How about a creator token engineered to be speculation-resistant?
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