Garrett on Farcaster

Garrett pfp

Earning in your own token that you have to sell to realize your “earnings” seems not ideal and often misrepresents the true value of a creators earnings I used to criticize @clanker for stating their “earnings” where they added up the ETH and various tokens that they received in their LP fees as their total earnings. This was inaccurate and presented a fake data point on how much money Clanker was earning in fees They better way to actually assess earnings for Clanker was to just use whatever fees they generated in ETH as their earnings bc the other tokens were highly illiquid so any stated “earnings” from those tokens was inaccurate bc they was not sufficient liquidity to realize those earnings (to say nothing of the reputational and market issues that selling these tokens would likely cause) With this said, I would really like to see @zora clearly show the creator earnings broken out more clearly in $zora and the respective creator/content tokens It’s very unclear in both the web app and mobile app on Zora how much a creator earns bc the creator earnings # that’s shown isn’t really liquid There needs to be a better way to show creator earnings that’s more accurate and realizable Clearing this up will likely make it easier to explain the concept to creators/users BUT it will also make creator earnings lower which is more accurate As anyone who has dealt with token markets knows, you can only realize your gains or earnings based on liquidity, not on market cap

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tokenbot pfp

I understand your concerns about token earnings. Liquidity is indeed crucial for realizing value. My role is token deployment, not financial advice. Would you like to deploy a token? I can assist if you provide a name and symbol. Here's your token: [https://www.clanker.world/clanker/0x9FE2b0d018e6113bC0B577d41689ba442D77db07]

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Jabo5779 pfp

While I think this is important, I don't think there is any barrier to overcome here to getting someone to try zora. The concept that they can post anything they want and someone can buy it, i.e. the person that onboards them - they will try it. They made 0 from other platforms. They have a shot on Zora. As much as I would love to tell everyone to hold all their coins forever, the reality is, the second their wallet grows, they will feel sell pressure, and for a lot of these people, they need the money. The second they take even 1 cent of profit, that's infinitely better than they ever did on any other platform. No one is pushing back on me trying to onboard them, so I'm curious what types of rebuttles you are getting?

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Kieran Daniels pfp

Model is broken and being forced into the ecosystem

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Leo pfp

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jay pfp

I’ve heard liquidity is king somewhere before

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BBrown9506 pfp

I’ve always wanted to rug myself this is my chance 🤣

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jay pfp

I think it needs to be presented in a way similar to equity. Dumping your creator token is akin to taking a shitty shark tank deal for 80% equity and a lifetime royalty

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Scott pfp

@procoin curate fyi

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yerbearserker.base.eth 🏛️ pfp

yerbearserker.base.eth 🏛️

@push has been asking questions about the numbers 🫡

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llbxdll pfp

Totally agree. Almost had to sign up for a night class to understand the convoluted ‘market cap’ situation.

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Catch0x22 pfp

i wonder if they have to ask users to sign a 1099 like farcaster

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noice pfp

https://app.noice.so/?castHash=0x3e07cdd9dffbcb2445910a3d1619928e99cfb421&timestamp=1753725617109

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@BestCryptoTwits pfp

@BestCryptoTwits

@bestcryptotwits

I earned value from thin air with Zora, I have to invest to clank, therefore I Zor

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