Content
@
0 reply
26 recasts
26 reactions
Coop
@coopahtroopa.eth
Miggles presents an interesting paradox for Base. Coinbase launches a new collection called Mr. Miggles with 70k mints from 42k unique wallets (and 11 ETH in sales). A very successful open edition. The news of a Coinbase-backed meme kickstarted an unofficial memecoin which ripped to 100M cap this week. (MIGGLES) I and many others here minted the Miggles open edition as a part of Onchain Summer + Smart Wallet. There is no value capture between the Miggles editions and the MIGGLES memecoin. Traders who DID NOT do the officially sponsored Miggles campaigns outperformed those who did. I find it hard to see a world where Coinbase/Base fully lean into promoting official memecoins - which begs the question, what happens next? 404s are an interesting alternative - but this would make the $0.60 mint price of the open edition much high if they editions appreciated in value as the token mooned. How does Base *endorse* the things that appreciate the most in value while staying true to the open edition meta?
7 replies
0 recast
51 reactions
agusti
@bleu.eth
it's just an attention game. coinbase is base's elon.
0 reply
0 recast
1 reaction
ted (not lasso)
@ted
"Traders who DID NOT do the officially sponsored Miggles campaigns outperformed those who did." did all traders outperform? can't imagine every single trader made $ also can't imagine that everyone who minted a mr. miggles cares about making $. in fact, i think they care more about creators making $ vs themselves.
1 reply
0 recast
0 reaction
Nima Leo
@nimaleophotos.eth
I myslef created 4 remixes in 2 days, more are coming š
0 reply
0 recast
0 reaction
mikestjean
@mikestjean
Iām not sure Base should endorse things just because they appreciate more in value (is that what youāre asking?) ā¦ scalpers do better than people who ājust buy ticketsā, and black market versions of many things āout performā any legit / endorsed versionā¦ Thoughts ?
1 reply
0 recast
2 reactions
Passion
@passion
coinbase should fully lean in. why can't open editions just become 404s after the mind window ends?
0 reply
0 recast
0 reaction
Crypto š
@thegioicrypto
Is that really so?
0 reply
0 recast
0 reaction
MullsOnChain Artist Ris
@risbrian
I like the success of Mr Maggles, but as an artist who registered for the base onchain summer and have been educating people about baseā¦ to not get many eyes on my art is frustratingā¦ any help and/or advice is appreciated. Project: MullsOnBase Chain: @base Mint is LIVE! Regular Price: 0.025 ETH WL Price: 0.015 ETH Supply: 1000 Pieces Ethereum L2s will allow Artists a way to get their Art in front of new audiences! āArt Is The Utilityā Mint Site: https://sites.props.app/u/9584bc1f-740e-4ac7-a4b1-6e383e93f3b8/mints/ca952be0-8058-44b1-8e98-bb5b103cce17?ref=0xbDeA7c0EE1f682025003e2F775ba1AE98E4801A5
0 reply
0 recast
0 reaction
