1/ Quote pairs are a new value accrual model for tokens

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/ 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.

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.

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

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.

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

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

8/ In the just under two weeks we launched quote pairing there are already over 47,968 markets quoted in $zora.

Here are some other high level stats on Zora since we launched coins in February

9/ We're in a new era of experimentation for crypto at large. 

Quote pairing is an exciting new and cryptonative model that I'm excited about and will see how far we can push. 

I've been thinking about this for a while so I'm excited to be doing it.

9/ We're in a new era of experimentation for crypto at large. 

Quote pairing is an exciting new and cryptonative model that I'm excited about and will see how far we can push. 

I've been thinking about this for a while so I'm excited to be doing it.

https://x.com/js_horne/status/1428751453867360259

I posted this on @zora 
https://zora.co/coin/base:0xd55da754c89762b6cf7c7e07d493cb09d98a8daf?referrer=0x3a5df03dd1a001d7055284c2c2c147cbbc78d142

Using your own token as the quote currency gives a unique way to capture value and create more liquidity. Seeing how $ZORA has implemented it will be a great case study for other projects.

Wait hold up you lost me. I have my creator coin $ArtDealer - does this mean anything for me?