My knee jerk reaction to content coins was:
- hyperfinancialization bad
- its turning social media into pumpfun

while theres truth to that, the benefits outweigh the costs...

🤌 CURATION 🤌

in the age of AI slop & yap incentives,
noise is the no.1 problem on social media

Zora solves it by turning curators into investors.

Instead of expecting free labor sorting through all the slop - they turn it into a game of searching for gold

Not to mention all the downstream effects of fans able to invest in favorite creators & creators able to quantify contributions to their success..... 👀

On a crusade to spread the gospel of The World Computer by transmuting case studies into purple pills like 👇
https://builtonethereum.network

alchemist witch at Alchemix

DeFi and web3 belivooor

memecoin hater

Why? We'll see! At least we can agree on hating memecoins

still dont think microponzis are effective at content curation

Building /farcastle. Tryna help humans coordinate. TANSTAAFL! https://bootleggers.wtf/

Probably more so through creator coins than content coins, but I assume they're somewhat tied & the content is what makes them discover the creators

How do the curators (as investors) profit?

Founder, designer, & product guy at /basepaint
Prev: Eigenlayer, ConsenSys, Gitcoin, Arweave, Protocol Labs, & MIT DCI

I cannot tell if that is good or bad I am so out of the game.

you tell me bro, my Built on Ethereum trailer is worth $24 😭

Is there a correlation between good content and market cap?

That's true but I can't help but wonder if we will see it or if the extraction loop will always cut it short before it can get there.

Maybe speculation has a place in the discovery process, but the value creation, capture, and distribution I think needs to be something more tangible and solid in order to be sustainable.

Time will tell I guess!
For now, we‘ve only seen degens gambling on people who are already popular, resulting in pumps & dumps

What we havent seen is actual fans religiously collecting their favorite artist‘s coins, while the creator slowly comes up into famehood

How does any of this create value that doesn't primarily get extracted away from creature & curators unless they are master traders watching the charts?

Speculative value creation only rewards value extractors. 

Isn't that the lesson about liquidity pools that we've learned? 

Curation is the path forward, I agree. But I just don't see how speculating on content/creator coins gets us there.