internet rabbit • comms @ /splits • https://www.sonyasupposedly.com/

the NFT model is way better for creator revenue too, versus a cut of swap fees + token allocation. the exception is if your cointent goes viral *and* you sell at the right time (see comments above re: pump and dump)

in theory, the more liquid, trader-friendly coin model leads to more posts reaching greater heights in terms of volume — that is the bet, clearly — but I'm not sure it's working out like that

40 mints on Rodeo = 40 x 0.0001 ETH mint price x 50% creator cut = 0.002 ETH for the artist

0.004 ETH volume on a Zora coin —> 1% trading fee of 0.00004 ETH x 50% creator cut = 0.00002 ETH for the artist
(ignoring the token allocation because that's typically worth ~nothing)

literally 100x difference... NFTs are so much better than content coins for the average creator. I'm not even against content coins per se — I think memecoins are interesting and this is another flavor — but the empowerment rhetoric is hard to swallow

apropos, since I was thinking about your tweet from a week or two ago about the tension between wanting to build better systems and being constrained by the current userbase