Content
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https://warpcast.com/~/channel/coins
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jesse.base.eth 🔵
@jessepollak
try to argue against content coins from first principles. if a video on tiktok has millions of views, it has value. why should a single platform control that value? why shouldn't that value be explicit? why shouldn't the creator benefit from that value? seems good to me.
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binji
@binji
one pushback here could be that the millions of tiktok views has value because it means more people get to see the ads that are attached to it; the ad model is how tik tok monetizes > today; 100% of that money goes to the platform; instead, more should go to BOTH the user who saw the ad and the content creator.
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jesse.base.eth 🔵
@jessepollak
right but ads are just monetizing the attention what if the attention itself is inherently valuable? that's the value of the piece of content.
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ted (not lasso)
@ted
100% doesn’t go to the platform, that’s a fallacy and a misleading generalization of how creators monetize in fact, there are instances when 0% goes to the platform: upfront brand deals, which are preferred by most creators
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vrypan |--o--|
@vrypan.eth
Value is not objective. It's what you get out of something. TikTok gets an amount of ad $$$ out of a video, so the video's value to TikTok is $$$. I watch it and feel something, so the value to me is this feeling or thought I had for X seconds. The value to society is that the video was watched 10M times and changed how 10M people felt for X hours. So, which value are we interested in capturing? Can we be as good as TikTok in doing so, or even close enough?
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