Garrett pfp
Garrett
@garrett
So I dig some digging and here's some key takeaways from how Zora's creator earnings work: - All stakeholders receive rewards in ZORA, regardless of which coin type generated the fees - Zora liquidity pools are on Univ4 with a 3% fee - Creators get 1/3 of the LP fee so 1% - Content Coins are paired with Creator Coins - Creator Coins are paired with ZORA - The reasons these pairings are important is because it creates a flywheel that drives demand into $ZORA and creates a loop where $ZORA's market cap raises the market caps of creator coins since they're paired with Zora - Zora works slightly differently on TBA where Coinbase takes a trading fee on top
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Garrett pfp
Garrett
@garrett
If you're curious to go deeper, check out this doc below. I still think @zora needs to do a much better job explaining this and helping creators understand how some of this works, especially earnings https://docs.zora.co/coins/contracts/rewards
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Think they could lean into highlighting this which makes the 3 percent fee seem much less extractive imo
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Kieran Daniels pfp
Kieran Daniels
@kdaniels.eth
TLDR; you dump on your followers over and over or you don’t really make any money
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Carter | 🏳️‍🌈 pfp
Carter | 🏳️‍🌈
@incarterseyes.eth
Is there something in our support material that you think we could expand upon more in regard to rewards? https://support.zora.co/en/articles/2509953
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Jabo5779 pfp
Jabo5779
@jabo5779
I vaguely understood the pairing model, but this does help shine light on some things I was not 100% on, so thank you for digging in. What's going to be more interesting to watch unfold is the terms that state no nudity or copyrighted material. It would seem right now, nudity is being allowed if it is 'Art'. This is a super gray area. As more and more users adopt Zora, the boudaries will get pushed. Base has established themselves as the place to be yourself... your content is valuable, but when they have to draw the line, depending on who they draw it on - it could get ugly. Copyright is just savage. There are many top tier musicians that make nothing on youtube because they are playing other band's songs: El Estepario Siberiano is one of them - argueably the best drummer in the world. There is no monetization blocker on Zora, so there is nothing stopping a musician like him from coming to Zora, other than the TOS stating no copyrighted material. Yet, there are videos now on Zora with other bands music now and Zora isn't taking them down. It really makes me wonder if Zora is just a trojan horse to the infrastructure of copyright law. I believe this is a better way, but I'm not blind to the hurdles it has to overcome, and they go far beyond the creator earnings model. I believe someone like that drummer should be able to come here and earn, but a big name like that is going to attract a ton of attention - and the fact that almost all of his videos on Youtube are demonitized... if Zora allows him to be monetized... well - then the war begins.
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