Zinger ↑
@zinger
Lot of bad takes on CT re: the Base coin(s) yesterday Feels like they are largely missing the point because many of them haven't really been paying attention, too focused on claiming that Base rugged (they didn't) when in reality some snipers got in for 25% of the supply early and them dumping + the second coin launch caused a massive selloff I still find the contentcoin model to be broken and misaligned: good for creators because no downside and free money but really no upside for buyers which I think will lead to exhaustion That's what I take issue with more than Base launching a bunch of coins (although I think that's odd too for a brand and they could've communicated it a lot better to avoid the situation) I am all for experimentation and innovating on onchain models for creators, businesses, etc. but I do find it strange that Base is so insanely aligned with one company on this and are hellbent on pushing *that specific model* forward, acting almost as if they're the ones who invented and built it
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jesse.base.eth 🔵
@jessepollak
no one else on base right now has built a social product that embraces content coins. there are launchpads, but those clearly have different cultural expectations. would love to use other products that embrace coins.
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antimo
@antimofm.eth
what about this downside https://x.com/SHL0MS/status/1912950635148058658
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Koolkheart
@koolkheart.eth
Base isn’t just a tech layer anymore it’s a brand with values. Aligning this tightly with one company’s playbook creates reputational drag if it doesn’t work out
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Raccoon
@raccoontrading
It's because base invested 50m in zora. They are trying to get their money back.
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Peter Arogundade
@noblepeter2000
Yeah, the model is bad one. But you know what they say, business deals are made on tables and products are tested and used in the markets and open. The more reason to always DYOR, NFA. Don't trust, but always verify.
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