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David @Farcon pfp
David @Farcon
@d
My thoughts on @zora Yes, the token "for fun" is not a great narrative, but it's likely a protection measure. @haunventures is the main investor, and they take regulation very seriously Yes, revenue is low, but IG had 30M users when acquired and had ZERO revenues 2M traders, 100k unique creators, 4k daily creators, economic activity, there’s something Zora team has explored, shipped and pivoted, and this token may evolve into exposure into something larger In web2, engagement drives ad placement costs. In Zora, attention is also valuable, but in this case, instead of Ads, content is coined and traded freely “unlocking” it’s speculative value, but it’s that, speculation, brands don’t get anything for buying tokens, no ads placement or convertion into core actions (CPAs) The unlock: Merge the models Place personalized ads on the apps, but offer revenue share with content coin holders, and/or offer ad placement to content
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Apurv pfp
Apurv
@apurvkaushal
the moment you offer revenue to holders, it becomes a security hence a bit on the risky side when it comes to regulation i find the token for fun thingy very honest & liberating - the other tokens with alleged utility seem to be trying too hard to not be a meme coin. Utility hardly impacts price action in the market today..
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David @Farcon pfp
David @Farcon
@d
Yup, more a regulatory grey space than anything else — happy users and ecosystem will never take you to court on these assets There’s more risk on launching a memecoin fully rugged imo
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