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...

I work at the posts office

terminally.online

I’ve done so many hours of user research here and fundamentally almost every serious creator doesn’t want to:

1. Have their body of work (and career) tied to an extremely fickle, arbitrary number

2. Lose their sense of self worth in the aggressive financialization of their every move

3. Scam their true fans (even accidentally)

For the vast majority artists and makers, launching a coin is ALWAYS serious bc it’s tied to their reputation (which is basically all they have bc they have no money) and most of their fans aren’t degenerate gamblers so they cannot and will not understand why number go up and down so much and so fast. 

Number can’t go up rationally without being tied to a stream of cash flows. That is fundamentally a security. Everything else is the fever dream playland of (who I affectionately call) the mentally ill.

I write about tech + humans + philosophy. Skeptical optimist, EA aligned, building internet businesses.

Farcaster OG.

https://linktr.ee/joanwestenberg

My eternal thoughts:

https://farcaster.xyz/cameron/0x1bd37781