Johannes (sdrbrg)

Johannes

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I guess this is not the coin associated with Café Bambino, right @t0p0s.eth ? https://coinmarketcap.com/sv/currencies/bambino-maximus/

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I followed a creator coin project called rally.io, that had large serious investors (https://www.gemini.com/cryptopedia/rally-crypto-social-token-rly-crypto-rly-token-rally-nfts) but failed miserably two years ago. https://www.linkedin.com/pulse/rally-coin-fiasco-mitch-jackson-esq--v4uxf What learnings can SdVVVorls draw from this and why will the $bambino coin not fail the way the creator coins on Rally failed? This is an honest question and hopefully an opening for an interesting discussion about how to use and how to not use web3 for supporting artists and their projects.

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I am not sorry at all. It was really cool seeing how artists used it. I especially looked at Portugal The Man and how they used rally.io to create their own coin to boost fan engagement around their music. I remember for instance that owning x amount of coins gave access to their large bootleg catalog which was pretty neat. Too bad all fans lost their tokens and the whole fan engagement system around that. And needed to be rebuilt after rally.io failed. To me, crypto is about ownership and not having to rely on third parties. A coin is owned by the user and regardless of what happens that is always the case. But apparently, despite what rally.io told their users all tokens just became worthless over night. Apologies for my ignorance about /Base but in what way is $bambino different? Are these tokens something actually valuable for us fans or are they just loyalty point that could have been put in a traditional database rather than on the blockchain?

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Do not get me wrong here. I am super intrigued by web3 and the possibilities but I am also genuinely confused about the benefits of using the blockchain in the case of creator coins such as $bambino.

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