Content
@
https://warpcast.com/~/channel/coins
0 reply
0 recast
0 reaction
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.
41 replies
21 recasts
169 reactions
binji 🔴
@binji.eth
one pushback here could be that the millions of tiktok views has value because it means more people get to see the ads that are attached to it; the ad model is how tik tok monetizes > today; 100% of that money goes to the platform; instead, more should go to BOTH the user who saw the ad and the content creator.
3 replies
0 recast
10 reactions
jesse.base.eth 🔵
@jessepollak
right but ads are just monetizing the attention what if the attention itself is inherently valuable? that's the value of the piece of content.
2 replies
0 recast
3 reactions
binji 🔴
@binji.eth
ads monetize the attention of the viewer of the content; as onchain taste profiles grow (via tx history) perhaps onchain businesses can start monetize the attention of the collector is this in line with your thinking?
1 reply
0 recast
1 reaction
jesse.base.eth 🔵
@jessepollak
no I'm saying that the attention is in and of itself valuable and you can manifest that value by tokenizing the content
3 replies
0 recast
0 reaction
Chaotic Monk
@chaoticmonk
I hear you, as a counter - this argument could be made for memecoins as well. Memes brings attention with lore and just being fun to share and use them in certain contexts. Does it mean there's a sustainable market for memecoins?!
0 reply
0 recast
0 reaction
