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Asha 🎩↑🔵
@asha
A very interesting write up about @zora I found today on @paragraph via @kiwi ❓ What if ads actually paid creators? 👉 Brands can potentially buy creator coins, hold supply, and pin comments (aka ads) 👉The top coin holder can already leave a message (we can consider it an early ad unit) 👉If Zora gets this right, creators won’t chase brands. Brands will chase creators What do you guys think? https://paragraph.com/@socialgraphventures/zora-the-thesis
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Moranicol 🤿
@moranicol
I think the idea is great, but the system that Zora uses is really a pyramid scheme where the top creators are always the developers and friends of the developers. In my opinion, that's very bad. I'll keep participating as long as it's profitable, but Zora isn't good for me. It's replicating malicious schemes at the expense of many people like me who live day to day with the money we earn on the internet.
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Asha 🎩↑🔵
@asha
Those were exactly my thoughts when the first content coins were launched. We could only profit if we sold our coins after someone bought some. Apparently the new creator coins (which we have to activate first) give some revenue to the creator every time someone trades the coin. So there's some revenue coming in without the creator having to sell anything. I think that's a step in the right direction, at least for now.
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Moranicol 🤿
@moranicol
Yes, it's true, this changes the situation a little. In the meantime, let's wait and see what happens and try to profit from this situation. The way I see it, the people who buy my coins are supporting my art, so I sell that liquidity because I live day to day. It's pennies, but it's something. With the rounds and moving in the artist community, I can understand that artists will always support artists, and the developers of million-dollar platforms are not on my side. Only artists help each other.
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Asha 🎩↑🔵
@asha
So true, artists understand other artists much better than anyone else. I guess developers of million dollar platforms understand each other better than we understand them too. The article made me realize the new feature might be on the right track and the possibility of ads coming in from brands looks interesting. Of course, I hope it will be interesting for everyone, not just some limited cabal 😅
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