1/ How To Fix Creator Tokens I've been drafting this in my head but @vitalik.eth inspired me to post it now. TLDR: issue tokens that pay out a fraction of creator revenue, and sell them in a blind anonymous uniform clearing auction. Instead of a perpetual belief token anchored to nothing (ie: 99.999% of tokens) you issue tokens anchored to real future revenue of the creator. In financial slop speak, a short maturity cash settled claim on real future revenue. A reputation-revenue token market. Almost every token issued is broken because of broken incentives, and they all have the same outcome because of that. Show me the incentive and I'll show you the outcome. You have to redesign the incentive structure to change the outcomes. cont…
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I'm excited to share a new generative onchain artwork, Op Codes. Each token is a visualization of the machine code that makes up a historically significant smart contract. The Dao, USDC, ArtBlocks, and Pepe pictured here 0.01E mint collection of 100
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I really wish there was a way to delete existing “earnings enabled” tokenized posts on Base. I accidentally made one after months of trying to avoid it, the market cap is like $50. I’d gladly buy back their shares and shut it down if it were an option.
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