it’s really depressing seeing all of crypto being consumed by memecoins. maybe i’m just a boomer and maybe the narrow window of what was neat when i got pilled was never a long term solution but all i see with memecoins is grift and the speculative bullshit we did backbends to say we weren’t about

Some thoughts on @zora turning posts into coins:

The digital art market has had big wins, but let’s be real, only a small group is benefiting while most creators fight for scraps. We won’t onboard more artists without attracting more collectors, and right now, there’s little incentive for traditional buyers to join.

Three major art marketplaces have shut down in six months. Those still standing must rethink product-market fit—not just for now, but for the next cycle.

Zora’s latest update turns posts into tradable coins. Instead of editions, you’re buying into a piece and receiving tokens. Maybe they’ll have value, maybe not—but for once, virality could actually reward creators. Believe in an artist? Grab more tokens. Think they’ll blow up? Speculate and earn.

Continued...

i can’t stress enough how acerbic the concept of “speculating” on creativity is to me. i also get that we’re running out of ideas of how to make web3 actually become a thing

👩🏻‍🎤 alchemical power ballads & cosmic medicine metal soundtracking your Heroine’s Journey
👁️ ex-/zora; birth-mom of /cabin
🏳️‍🌈 she/her

i can’t stress enough how acerbic the concept of “speculating” on creativity is to me. i also get that we’re running out of ideas of how to make web3 actually become a thing 

https://warpcast.com/rachelw/0x4027f341

I think the memecoin mania has already peaked, and we'll see less and less of it over the next few years. Some other new embarrassment will dominate crypto soon.