Jeff pfp
Jeff
@jeff-xyz
Hate to yuck a lot of the yum going on right now, but I don’t like content coins because they encourage rugging the creator. Example: someone buys a post of a creator for $5. Later it sells for $100. They make a 20x. The creator gets hardly anything. That dynamic treats creators like inventory, not people worth supporting. Promote holding. Reward buyers with rev share. Align incentives around supporting creators, not flipping their work. Would love to better understand or be proven otherwise.
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DepressiveHacks
@depressivehacks
Agreed. Once you have an asset tied to your onchain identity, you are chained to that asset. People will hold you responsible for price action. God forbid you want to take some time away and log off. In severe cases, people receive threats and horrible comments from people who have lost money on their assets. This is not a good thing. I also majorly dislike that tokenizing a post is the default setting for posting from TBA. Nobody should be accidentally launching an onchain asset. People, especially newbies, don't know what they're getting themselves into.
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