basil (propagation arc)
@itsbasil
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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basil (propagation arc)
@itsbasil
they literally don’t have to build anything just pay the devs https://farcaster.xyz/nintynick.eth/0x69af4d30
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↑Dom
@onchaindom.eth
i like it dont zoins already have 721-like metadata tho?
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Quin
@quincredible
if they integrated manifold, and actually added a 721 layer with creator contracts that the creators actually owned, I could muster a bit more respect for these shenanigans
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@BestCryptoTwits
@bestcryptotwits
next is coins for the tips for the comments under posts, all solid liquidity
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