peth.eth
@peth
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... π€ CURATION π€ 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..... π
5 replies
0 recast
5 reactions
Trigs
@trigs.eth
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.
1 reply
0 recast
0 reaction
peth.eth
@peth
Time will tell I guess! For now, weβve 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 artistβs coins, while the creator slowly comes up into famehood
1 reply
0 recast
1 reaction