Jesse Pollak pfp
Jesse Pollak
@jesse.base.eth
if you are someone who loves NFTs and hates content coins: a content coin is just a 1/1 NFT that's fractionalized so more people can own it.
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$jacob pfp
$jacob
@jacob
yes. It's something that anyone on the internet can buy any amount at any time. we started with 1/1s and continually iterated to improve the creator and collector experience and after around 5 years arrived at coins being the best ux.
4 replies
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yungwknd pfp
yungwknd
@yungwknd
Not sure I like this framing. Because with NFTs the creator is selling them. They get, say 90% of the sale. With content coins, the creator isn't selling them. They're being sold by other fans, and the creator only captures 1% of the value.
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Push pfp
Push
@push-
Ok I’m really sorry, but an ERC20 will never be an ERC721. With all due respect, it’s not the same thing.
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mistershot pfp
mistershot
@mistershot
I love both. I am a cointent creator!
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2 reactions
joshisdead.eth pfp
joshisdead.eth
@joshisdead.eth
With farcaster, all content are NFTs that can be fractionalized.
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J. Valeska πŸ¦ŠπŸŽ©πŸ«‚ pfp
J. Valeska πŸ¦ŠπŸŽ©πŸ«‚
@jvaleska.eth
same goal, different things, fully compatible creator tools a content coin is a FT || NNFT || !!FT it is a non non fungible token or a fungible token but not a non fungible token and, it is not only fractionalized but got an amm instead a pure p2p market (with middlemans, ofc) they are very different things for me, tho, I got your point, with content coins everyone can collect the thing and opportunity is a bit more fair, the price will be lower but one can buy any amount and the opportunity gets distributed, not just 1 person owning the most cool cyberpunk and earning millions but those millions distributed among the market cap and holders of a piece of content on top of creator coins and zora replicating one of the top ethereum features, being paired with all tokens in the ecosystem it could work imo
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Uncle HODL pfp
Uncle HODL
@unchodl.eth
you got em there bro 🀌
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Nick T pfp
Nick T
@nt
I think it would be pretty interesting from a UX perspective to show the share that you own vs. an arbitrary number - reframe from number of tokens to fraction of the content.
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Vintae5star.base.eth ℒ️ pfp
Vintae5star.base.eth ℒ️
@vintae
You changed the life of creators
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nftkid.base.eth pfp
nftkid.base.eth
@nftkid
this makes so much sense! no wonder nft kid loves the content coins
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yerbearserker.base.eth πŸ›οΈ pfp
yerbearserker.base.eth πŸ›οΈ
@yerbearserker
I appreciate your commitment to cointent & its place in the ecospheres 🫑 Having some struggles onboarding @mikesmillerart to the TBA but once we get that sorted out, you'll have Grandpa Mike dropping the high level comic artist cointent as well πŸ˜‰
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↑ j4ck πŸ₯Ά icebreaker.xyz ↑ pfp
↑ j4ck πŸ₯Ά icebreaker.xyz ↑
@j4ck.eth
fractionalization is best in high value NFT scenarios that maintain or increase value over time inevitably the rational (and easy) move is to sell the fractions, so the coin goes to zero πŸ€·β€β™‚οΈ i am Team Collectible
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timdaub pfp
timdaub
@timdaub.eth
There are also legal differences. We cannot launch content coins if weβ€˜re not in the US
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Ben Broad | bbroad.eth 🎩 pfp
Ben Broad | bbroad.eth 🎩
@bbroad
I love it all, Jesse.
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DiΓ±ero pfp
DiΓ±ero
@gryphon
Preach
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Smiddycent.eth 🎩 pfp
Smiddycent.eth 🎩
@smiddycent
I compare NFT's to pokemon cards a lot. In this example you are taking a charizard card and fractionalizing so everyone can have it. If that happened the price of the card would go to zero. See now why people aren't all that ecstatic about it? It's a phase and people will buy in for now but I doubt it will last long.
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MoBA | Museum of Based Art pfp
MoBA | Museum of Based Art
@joe-pxlr
We love nfts and coins, but we definitely believe that the difference in liquidity you are referring to here make for different collector experiences. In our opinion the answer is just- why not both? Does it have to be only coins now?
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0xNoni 𓃡 pfp
0xNoni 𓃡
@noniwontmiss
Content coins and NFTs are technically the same. The difference is in the limitation on ownership. Content coins is for everyone Base is for everyone. 🟦
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Fran d’ Amore pfp
Fran d’ Amore
@ffran
sure, but fractionalizing makes it lose value.
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