Dan Romero on Warpcast

Content pfp

https://opensea.io/collection/zorbs-eth

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Dan Romero pfp

An optimistic case for the new Zora model 1. Everything that can be a token, will be a token. This trend is accelerating because the largest capital market in the world—the US—is finally has a pro-token regulatory environment. (Using coin and token interchangeably here.) 2. If you create digital media, you can immediately can earn money. No bank account, payment process or platform (Zora contracts are a protocol). 3. Additionally, if you create digital media that goes viral, i.e. captures internet-scale attention, you can make a lot of money. Traditionally the only beneficiaries of internet-scale attention are the web2 social media platforms—they monetize via attention (time spent) and they minimally share the upside with the creators. 4. Coins (ERC20) are the most composable primitive in crypto. Order of magnitude more than NFTs (ERC721). Leads to weirder / emergent use cases. 5. Zora open editions fee distribution stack is underrated for curator / app layer monetization.

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Dan Romero pfp

Disclosure: I'm a small investor in Zora (one of the first angel checks) and have known @jacob for nearly a decade.

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Callum Wanderloots ✨ pfp

Callum Wanderloots ✨

@wanderloots.eth

Do you see this as being sustainable for the average person, or more for people who happen to go viral? This model intrigues me a lot, but hasn’t quite clicked from a practical implementation standpoint as an evolution of social media + assets

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Tako Unik pfp

I think the coin is two sided here (no pun intended lol). One is earning from trades, second is growing an actual fan base. Those two so far are not aligned. /los-fomos goes ‘viral’ onchain, we get featured on @coinbasewallet, @daylight and our drops are shared by @base (thnx @aneri ) and as a result we earn from that. But collectors are not interested in content itself. So it doesn’t help us to grow a fan base. Collectors/traders are not convertible for now. For creators it’s important when you think about the growth of your business and potential partnerships. Even though your collectors/token holders are spending money, they’re less likely to turn into your partners buyers unless there’s another token speculation. Personally, support content tokenisation experiments and am trying new developments. They make content creation sustainable. Though we still need to work on solutions helping to grow the contributive fan base. Basically why we’re building Unik

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cyrus pfp

Feels like content rewards have been tried so many times (going back to Steemit) and tech-wise, we’re closer than ever. But culturally it feels like we’re drifting further away from the mainstream. I don’t see anything that brings new people in or makes it easier for non-crypto creators to get involved. Not saying that’s easy, just an observation.

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jihad ↑ pfp

Tokenization of everything could be good if we build infrastructure for tokens that allow them to be bought, sold, and used in a "good" way. I don't know what good means, which is why I'm not saying the Zora update is good or bad, but I think it has something to do with the messaging and UX around "content coins." Highly curated NFT marketplaces *felt* better to me than high-speed attention markets, and I'm trying to figure out if the latter is truly good and something we want to optimize for explicitly.

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tyler ↑ pfp

#2 could represent “a moment”. Where clanker has made it easy to create a token, Zora makes it two steps in one — and it won’t be the last. https://warpcast.com/alexgarcia/0x744c327c

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nir.eth 🌿🟣🐦☁️ pfp

nir.eth 🌿🟣🐦☁️

3 feels wrong. See Mr. Beast

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max 🎩🚂 pfp

@baseddesigner.eth

Why don’t they integrate more closely with farcaster?

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Rodrigo Bardin pfp

great points. maybe too specific, but does it have to be marketed as ‘coins’? messaging is important here imo so it can, for example, looks compelling to an audience that’s used (and has been used) to web2 also, more control over supply is key. specially considering that most work won’t go viral, having more control over this makes it more intentional from an artist/creator perspective still forming my opinion about it and def not saying the above is the best way. just thoughts

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ŁΞℕ♾ℕ ⛃ 🎩Ⓜ️ pfp

ŁΞℕ♾ℕ ⛃ 🎩Ⓜ️

The truth is that it is a really interesting and very ingenious model, the tokenization of basically everything is coming or rather it is already here, but, basically nobody wins, at least a large percentage does not, what basically is needed to achieve success in just that, selling, attracting attention? Very few have the power of this, attracting attention, only dueling projects can do it, and basically the only way to win is to speculate on this, join the attention attracted by the big guys to make a profit. I have been trying to monetize my community in different ways, I am in them and thinking processes, but, how can I make this successful, here is a post of mine from an edition I created called BitAnime, I am an anime fan by the way, but none of this gets success, it is very complicated to grow. https://zora.co/coin/base:0x5223124b259ed780b784a0ba2746ad8ad7136a28?referrer=0x2e1b03a953CE8F6294443F02Ad9a87a6dac94958

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Brett Stebbins pfp

Thank you for sharing your thoughts on this. I only just saw the new Zora model yesterday.

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niftytime pfp

Can you unpack your thinking a little more re: point #4 and composability of erc20 vs 721/1155?

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Rafaello.base.eth pfp

Rafaello.base.eth

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Anemale🎩↑🔵ツ pfp

Anemale🎩↑🔵ツ

I see this evolution like Instagram of Web 3. Am I mistaken?

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