Coop

Feel like there is a common belief that if you're dropping something onchain that your collectors need to make money.

I think moving forward the magic comes from that happening without their being an expectation of it.

I also think money will be made less from flipping, more from sharing onchain royalties and fees.

Onchain is the new online - FID 206 -  cooprecords.xyz

Very strong agree.

The most promising projects I see are those which focus on real yield, and profit-sharing with holders. 

Speculation breeds speculation in crypto, which often just results in the pump and dump game of musical chairs - but actual real yield dividends, now that's something sustainable.

e/acc || Building @ /nova || Catgirl maxi @ /imgnai || Dogecoin core dev 2013/14

Yep, huge point on the expected APY - dividends from real yield means avg expectations need to be lowered to 10-20%.

In the DeFi space, that's scoffed at - while "acceptable" 8k%/yr tokens dump 95% come the retrace.

Attitudes need to adjust as the space matures.

(will get you back on the degen, allowance exhausted!)

I think there’s a difference between an expected APY (which feels too DeFi) and having ownership of onchain royalties.

I think people have historically been really scared about break securities laws but meanwhile we’re launching millions of pumpfun memecoins.

Would love to see more onchain royalties.

500 $DEGEN