Content coins will work if you get people to post them with sufficient quantity and frequency.

Until then, there will be a lot of push back. But the only way through is posting more.

Swap "being cool" with "established coin norms" and "being cringe" with "creating more coins".

when everything becomes a token, nothing has value; this fundamental truth has been ignored & the fallout is now making its way to x 

1) excessive tokenization creates a mirage of opportunity while actually destroying ecosystem value. when we fragment liquidity across thousands of micro-tokens, each new addition doesn't expand the pie—it merely slices it thinner. attention remains finite; liquidity remains finite; but tokens multiply endlessly

2) the math simply doesn't work. in a hyper-tokenized environment, capital continually flows toward novelty, creating temporary spikes followed by inevitable crashes. you can say "normal market efficiency" but the system generates far more losers than winners by design, not by accident

3) "direct monetization" sounds empowering but masks a brutal reality: without substantial existing audience, discovery becomes nearly impossible in a sea of tokens. creators with smaller followings face worse odds than in traditional systems, not better ones

easier to say content coins will work when you don't trade to make money

but people in the "trenches" (which happens to be most of CT) are trading to try and make money

@itsbasil sums it up pretty well that content coins can lead too much liquidity fracture

easier to say content coins will work when you don't trade to make money

but people in the "trenches" (which happens to be most of CT) are trading to try and make money

@itsbasil sums it up pretty well that content coins can lead too much liquidity fracture

https://warpcast.com/itsbasil/0x5c375643

building @revealcam @alfaca @offmarket @perl | alum South Park Commons | previously cofounder SBLY.com, eng at Stripe | peter-kim.com

I suspect there's an iteration of the model similar to how pump was successful with their bonding curve to graduation.

My hunch is the right model is:

1. Initially it's collecting
2. If you collect enough, you graduate to a coin (reflecting the attention garnered)
3. And most importantly, people know the rules of the game
4. Ultimately, most attention markets are very short-lived; durable ones are rare.

🍌 @revealcam | playing around onchain: @alfaca @offmarket @perl | vc warm intros | fid #539

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

1 and 2 is basically what Zora tried originally with a NFT mint for 72 hours that graduated into a liquid token 

i think they shifted away from this bc of the novel contract (ERC20z) wasn’t compatible with a lot of tools like dexscreener and swap frontends

They got the first piece correct :

- easy, interactive birth
- instant liquidity 

Unfortunately in the lifecycle of pump fun coins - graduation is the peak 

The next component is capital formation and retention. Allowing the capital to be used elsewhere without win-lose extraction and depletion. 

Your no 3 point is also quite important from a trust and utility perspective. Good capital must be predicable, not in price but in immutability.

This is something I’ve been thinking about lately and stumbled across Osito finance

They got the first piece correct :

- easy, interactive birth
- instant liquidity 

Unfortunately in the lifecycle of pump fun coins - graduation is the peak 

The next component is capital formation and retention. Allowing the capital to be used elsewhere without win-lose extraction and depletion. 

Your no 3 point is also quite important from a trust and utility perspective. Good capital must be predicable, not in price but in immutability.

This is something I’ve been thinking about lately and stumbled across Osito finance

https://x.com/ositofinance?s=21

Zora tried this with wow/dream — before this version. Would be helpful to see a long form reflection by @jacob on the various experiments over the past year. Curious to know what he’s learned along the way (or if this has already been written please point me to it).

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

I wonder if a more stable, long-term incentivized mechanism could make sense. Something like: 

- Art is "minted" as an ERC20 but with a more "linear" custom price curve attached to it. 
- Early buyers get a share of future trades together with the artist. 

This way you get deeper liquidity and less dependance on virality (while still allowing for a bit of it), which in turn makes it less risky for people to "invest" thus broadening the collector base. 

You could even have the ETH pool earn yield and be that distributed back to collectors. 

You wouldn't be trading you would be investing

Any thoughts?

I’m wondering what this means for onchain art specifically so I am reposting this here hoping to get some feedback:

I’m wondering what this means for onchain art specifically so I am reposting this here hoping to get some feedback: 

https://warpcast.com/schezhugo/0x3e737581

strong idea. i have the same thoughts. you can integrate proof-of-support mechanics here too. like showing that you supported this person and etc

there is a lot of space for ideas for sure

Totally agree — but that’s just the launch mechanic. Plenty of tokens have had hype launches on Farcaster, then faded within weeks. Only a few like DEGEN stuck around.

Tokens that last a few days or weeks feel like NFTs in 2021 — fun for a bit, then forgotten. People lose interest fast. The real challenge isn’t launching, it’s building something that actually lasts. Serious creators were never held back by launch mechanics.

I thought what partydao did was great early on. Setting a time duration for purchase + receive nft for participating was great @john 

we had a meta where people were just sending sol blindly to presale wallets so anything is possible

Why does content have to be 
coined at all though? Like this doesn't help the space long term if the posts just extract value from majority holders (99% of pump traders do not win)