@aeyakovenko: Sounds like the fundamental value is zero
by timdaub.eth12321 🥝1yx.com
Recommended by 2 curators
avatar
i think content can be inherently valuable. there are millions if not billions of dollars sent to people via Patreon, buymeacoffee etc. just as a way to say 'thank you for your content' without expecting anything in return.

that being said, motivations of people buying someone's creator coin are in general different - just activated my zora creator coin and it got insta botted
avatar
i think content can be inherently valuable. there are millions if not billions of dollars sent to people via Patreon, buymeacoffee etc. just as a way to say 'thank you for your content' without expecting anything in return.

Yeah but how much of such a creator coin actually goes to the creator if I buy you a coffee on Zora? Will you insta sell your position as soon as I do that or will a bot do that?
avatar
Yeah but how much of such a creator coin actually goes to the creator if I buy you a coffee on Zora? Will you insta sell your position as soon as I do that or will a bot do that?

When they launched 'content coins' or whatever name it had, they created a coin tied to each piece of your content. And this created terrible incentives for creators because if they wanted to get some money out, they had to rug people who bought their content coins. Not good for community building.

With these creator coins, I just get some ZORA coins whenever someone trades my creator coin. So the incentives seem to be better because I don't need to sell anything, it's just money that's going to my wallet. Already made over $40 in ZORA coin.
Characters remaining: 10,000

comment guidelines