JA Westenberg pfp
JA Westenberg
@joanwestenberg.eth
Okay. Red teaming this. Why would I launch a creator coin? Isn't speculation likely to destroy good will on Farcaster etc or attract an audience that don't actually care about my work? What's the end game here, and how does this end well for me / my readers and audience? Curious to hear...
14 replies
6 recasts
43 reactions

Rani Haddad pfp
Rani Haddad
@4484.eth
same reason you would start a youtube channel. to monetize your work.
1 reply
0 recast
0 reaction

JA Westenberg pfp
JA Westenberg
@joanwestenberg.eth
On YouTube you monetize through ads. With a creator coin you monetize through speculation - either trading fees or dumping.
1 reply
0 recast
3 reactions

Rani Haddad pfp
Rani Haddad
@4484.eth
ads mostly enrich middlemen while staying fair to consumers; creator coins flip that, fairer to creators by cutting out platforms, but you trade that for exposure to speculation
1 reply
0 recast
0 reaction