jacob pfp
jacob
@jacob
1/ Quote pairs are a new value accrual model for tokens
14 replies
24 recasts
235 reactions

jacob pfp
jacob
@jacob
2/ Quote pairs are a model originally pioneered by Virtuals, the model is simple: When you originate new coins you set the quote currency as your own token. You token gate your markets and capture the net value of all of the coins originated. $ZORA uses this model today
3 replies
0 recast
14 reactions

jacob pfp
jacob
@jacob
3/ Quote pairing does not need to have any negative UX impact. Apps can use routing to allow users to still trade using whatever they have in their wallet. E.g. even though this coin is paired in $zora, users can buy using ETH, USDC or any other token.
2 replies
0 recast
11 reactions

jacob pfp
jacob
@jacob
4/ Quote pairing works in addition to a transaction fee model. This means that apps and labs teams can still generate revenue alongside this token model: this is a big deal. Transaction fees can be used to operate the team, drive rewards back to the ecosystem and buybacks.
2 replies
0 recast
14 reactions

jacob pfp
jacob
@jacob
5/ In the context of @zora—where we are tokenizing all content—it's likely that we can push this quote model much further to create new connections between content, memes and creators. Web2 has a social graph weighted by following $ZORA has a coin graph weighted by markets
2 replies
0 recast
17 reactions

jacob pfp
jacob
@jacob
6/ Zooming way out, crypto is unbundling money: - Store of value - Medium of exchange - Unit of account A common assumption is L1 tokens are the center of their ecosystems. With gas abstraction and quote pairing, perhaps that dynamic shifts with the rise of token launchers.
2 replies
0 recast
11 reactions

jacob pfp
jacob
@jacob
7/ We launched quote pairing with $ZORA just under two weeks ago. It's fully integrated into our app and teams like 0x are already routing through $zora natively now https://x.com/zora/status/1917974164738125832
2 replies
0 recast
16 reactions

The ChainStories Podcast pfp
The ChainStories Podcast
@chainstories
If token launchers rise with gas abstraction and quote pairing, it could shift the power dynamic and redefine how value moves across ecosystems.
0 reply
0 recast
0 reaction