@brixbounty
Since you asked.
Originally cast 7d ago >
Know @base.base.eth is going on recharge…
Yet guess I’ll drop this now and let it simmer
If I was benevolent dictator of The Base App creator coin everything Yatta Yatta plan to onboard the masses I would >
Start with the creator coin thesis intact.
Shift to 95 percent of the coins liquid at launch (reduce creator share to 5 percent) and keep the trading fees to creator intact.
*Big Change*
Create a “tip” for whatever framework where folks can tip content with easy double taps etc.
Get rid of content coins entirely.
Each tip is monetized - 90 percent to the creator and 10 percent to their token holders.
If the platform (Zora or Base) wants to benefit from creators, they have to buy a share of the creator coins just like everyone else.
Monetize ads etc to create revenue for top creators and any platform payouts they receive also get shared with their coin holders.
Give allowances to active users to tip their favorite creators or act as multipliers.
These are your classic curators. Use the chain to determine who is keeping it real and reward authentic actors.
Create sponsorship channels and subs that are onchain and follow similar fee split.
Speculation will still be there out the gate.
But drive a much bigger percentage of $ to creators, while giving the supporters / speculators a chance to still be part of the cycle.
Tossing my penny in the air to see which way the wind blows.
At the core > driving more $ to creators is a great thesis.
Don’t see how current model achieves this on any scale.
Basically a $Degen/Zora/sub/gifts/alfafrens mash up with a much greater share of spend going to creators.
Make it opt in, if you want to be able to receive tips you have to have a base creator coin.
Call these taps something better than tips.
Basically put the ice cream, ice cream, so good so good yum yum onchain and create a smaller speculation loop.
The double taps/like is a nice mechanic.
Addresses issue with never ending liquidity dilution and concentrates flows.
There is an irony that with composable platforms/apps you lose control and consistency… yet could bring streaming in-house or partner with mini apps to be trial partners for 6mo to a year.
Bring creators onchain.
Just iterate toward a better mechanic to allow capital to flow to where it’s most deserved.
(Typed this a few days back, and just added a couple of sentences tonight. Could workshop to make it better and more coherent, but figure I’ll share in rough draft form).
@jesse.base.eth