Garrett
@garrett
As an investor or trader, I think about tokens relative to their market potential It's interesting to see @zora create a hierarchy of markets in the way they've integrated tokens into their platform. In order of market potential it's Platform > Creator > Content I will likely value a platform token ($ZORA) more than I will a creator token on the platform ($JACOB) Taking it one step further, I will likely value a creator token ($JACOB) more than a content token ($HORSE) The market for a platform is likely larger than the market for a creator. The market for a creator is likely larger than a market for a piece of content. There'll likely be a few exceptions but generally this is the way I think about it. With this in mind, I think it's generally smart to size your investments according to market potential of a particular market. For content, maybe it's worth investing $0.25. For creators, maybe it's worth investing $10. For a platform, maybe it's worth investing $100. This is an elegant design for connected markets with a platform, creators and content. Very interesting experiment that hopes to catalyze a new behavior from creators (tokenizing content) Zora's market cap is currently $26M ($85M FDV) but the market potential for a platform to tokenize creators and their content is definitely larger than that. I'm paying close attention to see if the market potential for creators tokenizing their content grows because I think that if growth of creator markets and content markets picks up then it will all ladder up to $ZORA. It's a new behavior and
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Garrett
@garrett
It's a new behavior and I'm excited to see if it catches on with more creators, especially creators with an existing following that may look to tokenize their content as an alternative way to monetize.** (Hit send a little too early)
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Push
@push-
I so wanna use a coin I already have as my creator coin tho🥲 It just makes a better sense in my head on this particular scenario I have built so far, kudos on the development and your thoughts on it tho. We’ll see if I’ll move the needle
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