Jeff pfp
Jeff
@jeff-xyz
Hate to yuck a lot of the yum going on right now, but I don’t like content coins because they encourage rugging the creator. Example: someone buys a post of a creator for $5. Later it sells for $100. They make a 20x. The creator gets hardly anything. That dynamic treats creators like inventory, not people worth supporting. Promote holding. Reward buyers with rev share. Align incentives around supporting creators, not flipping their work. Would love to better understand or be proven otherwise.
18 replies
3 recasts
51 reactions

yungwknd 🎩 pfp
yungwknd 🎩
@yungwknd
I think the argument is that capturing 1% of the value of your content is better than nothing. But feels odd coming from the era of NFTs where creators captured 90%+ Hard to make an argument that trading fees are more lucrative than direct-to-consumer goods
0 reply
0 recast
0 reaction