brypto

we have GOT to stop getting mad at people for experimenting with tokens 😭

We shouldn’t get made at people experimenting with tokens 

We must take tokens off the pedestal 

They’re not all the same and just because people have interacted eitj tokens in certain way in the past doesn’t mean that’s the way that everyone will interact with tokens in the future 

Just because we coin something doesn’t inherently give it any additional value, it merely gives it the ability to be valued

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

*mad at people 

 Edit would be a nice feature for fc pro @dwr.eth

building @emptyblock / prev director of research @coinmetrics

Agreed but I don’t think that’s why people are truly mad about this though 

People are mad because their expectations don’t match up with reality

And then they get more mad when the token they bought under false expectations goes to zero

/cal 

Photographer, Artist, Web3 Educator, IP Lawyer, Patent Agent, Explorer 📸⛰️✨ 

 Building with /mindfulness 🌊

https://wanderloots.com/links

I love the experimentation around the various formats/mechanisms

Don’t think we’ve reached consensus on this and not sure that we will. Different creators and collectors may prefer different formats 

I think 1155s are good for editions; 721s are great for generative art or 1/1/x collections; coins are good for communities/ecosystems/brands where it could make sense for an artist to have a token that’s required to purchase their work or a subset of their work

Been reflecting on this more lately. Trying to identify when one coin launched makes more sense vs another “unlimited” supply possibility like rodeo 

No conclusions, would be curious to hear your favourite uses of 1155s vs 20s as it relates to content

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

Yeah i agree but people also latch onto false narratives around tokens very easily so it’s a slippery slope

But that’s not an excuse not to communicate or provide context

They’ve got provide more context for these kinds of things because like it or not balajis isn’t a smol bean experimentooor, he’s a celeb with 1m followers.

Would say no Crying in the casino haha

We all know what happens to memecoins