Garrett
@garrett
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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Jabo5779
@jabo5779
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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Garrett
@garrett
Fair point! Maybe I’ve also become too beholden to existing norms around tokens and selling them when you’re the creator of said token Maybe it’s not a barrier to onboarding and earning the first couple dollars but I do think it becomes an issue if this is represented in a clearer way Idk maybe it’s not that big of an issue to new users but I do think the way creator earnings is represented in the Zora app should be improved
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