My Zora Creator Coin.

https://zora.co/ccarella

This market cap actually doesn't feel like BS.

Yesterday with all the "getting ethereum pilled ruined my startup" I considered posting that I think Ethereum will have a slower start, but be the backbone of real businesses.

So now I am posting it.

i am excited by zora's creator coin update. 

imo most "socialfi" attempts to-date have failed because traditional social tokens lack any underlying economics; they are closer to memecoins and just move up and down reflexively, most of the time burj khalifa-ing after the meta shifts on to something new.

zora's update shifts social tokens one step closer to investing in a creator business instead of investing in a creator memecoin, with the first revenues being fees generated from the content coins paired in the creator token.

mechanism-wise this feels like the end state to me, the hard part now (always has been etc.) is growing adoption of the coining behavior - for the above to be true, creators still need to actually coin stuff and traders/investors still need to actually buy content coins. 

gg to the team.

Hacker founder using ai to coordinate onchain economies /tenfold, nounish channel client /comint

More: rubinovitz.com

Better articulation:

https://farcaster.xyz/six/0x6d68ad82

imagine if every token didn't have to get to 100M.