Content
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https://warpcast.com/~/channel/coins
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jesse.base.eth 🔵
@jessepollak
try to argue against content coins from first principles. if a video on tiktok has millions of views, it has value. why should a single platform control that value? why shouldn't that value be explicit? why shouldn't the creator benefit from that value? seems good to me.
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nir.eth
@nir
To play DA, on YouTube, creators earn about half the ad revenue, making it explicit and not controlled by a single platform. They also have diverse income streams like endorsements, which aren’t platform-dependent. And a decentralized YT where no one entity controlled that platform wouldn’t require a separate speculative asset to control or price that value necessarily. Coined content isn’t a requirement for decentralized video, could be another cool income stream for a collector and speculator audience
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nir.eth
@nir
Good example: when this viral tiktok ran, how much value was made by ocean spray, Fleetwood Mac, AND the creator (who was in an ocean spray ad after this) that wasn’t made by tiktok? A substantial majority. It being a memecoin that the creator could’ve further monetized is cool but it’s not 0 to 1. TikTok itself being owned by a DAO of creators on the other hand… https://youtu.be/iBQYI9d44KI?feature=shared
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Brenner
@brenner.eth
Andddd none of the value got leaked to sniper bots
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