@javitoshi
this sounds really crazy!!
but i tried to understand...
i think it goes like:
- i launch my own creator token.
- Zora gives me 50% of the supply.
- my friend buys $100 of my coin.
- from that $100 i receive just $1: the 1% of the transaction fee.
- the rest (besides other tiny fees) stays in the "automated market", aka the pool for that token
- imagine i immediately get, let's say, $50 from those $100 my friend spent. Then my friend decides to sell → loses a lot!! ...too unfair!!!
- if i want to make money, i guess i could directly sell my own token
i recently bought a bit of @frankiestyles and @sunshinevendetta here, also a bit of @yoshiromare.eth on Zora, and on my wallet i have tokens from @tum4y (ty!!)
but honestly i have no idea how they work..
what does "buying some creator coin" mean for the creator exactly, and what does it mean for me, if i hold it, how it evolves?
how is the token connected to the creator and its posts and it's "future"? i still need to understand that part