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basil (propagation arc)

@itsbasil

947 Following
12768 Followers
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zora is the network token (erc20, yoyo; protects liquidity & system fragility via walls) the creators are downstream via 20s (the other pair of the yoyo; own the network or own the creator, either way liquidity is hurdled) the “content” is 721s downstream of that (the creators work) owning the creator coin gets you perks (gated chat, discounts, exclusives) staking the creator token gets you rev-split on the 721s secondary 721 primary sales are in eth & go almost entirely to creator with 20% fee to $zora now you don’t have to sell your own token to make money then flywheel: 10% of the zora fee into a reward pool & gamify; the other half into a buyback & burn on zora now the very bottom layer is pushing value all the way back upstream with every new mint then build our creator cross-marketing & community tooling (special auctions, dual-creator 721 splits or fractionalization, etc.)
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“hey basil, i made $100 on my post!” > no, not yet you didn’t. you still have to dump the token on the very people who bid up your work in the first place trying to “collect it.” “what? so they have to lose money in order for me to make any? couldn’t i just charge them $5 each? then they’d know what they’re getting & at what price? how much money can they lose?” > they will likely lose every single dollar invested if you pull out $100. “so what am i supposed to do? can i pull out $50?” > yeah, but it will likely cause anyone paying attention to pull out, causing the token to crash either way. “so my collectors are bound to lose money while savvy traders who don’t even care about my work make money?” > yes. “this doesn’t make any sense. my collectors are not dumb… they won’t bid on my next work if they know they’re going to lose money on it. and for what? a token? they don’t want that? they want the art in the post.” > welcome to crypto.
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please stop destroying your tokens founder stake < 10% - reads as low conviction. if you won’t own the risk, why should anyone else? - leaves no strategic ammo: emergency runway, market-making, otc deals — all off-limits - 5% can work, but only with hard, multi-year lockups that shout “i’m here until i no longer need to be” - open market token sales from founders are FINE & HEALTHY; sell an eth or two every time price pushes upper oscillation; transparent + disclose team stake < 30% - no incentive gravity. without a hefty shared upside, talent drifts to the next shiny thing (token is retention) - kills longevity claims; pmf hunts take years, not quarters (kills feedback loop) missing treasury - no allocation for airdrops, partner swaps, ecosystem grants, or token-based comp - without launcher-supplied lp, you’re illiquid. when that dries up, spreads widen & price discovery dies sub-$10m cap + 3% founder ownership = strategic handcuffs - can’t raise via token because you don’t control supply - equity is a harder sell when there’s no liquid path to exit - acquisition thesis falls apart: the token is your distribution layer & you barely own it bottom line: control enough supply to stay flexible — then lock it long enough to prove you’re serious
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