basil (recession arc) on Warpcast

basil (recession arc) pfp

basil (recession arc)

jesse got distribution because he is c-suite at a $45 billion public company & the founder of base, the 4th or 5th largest blockchain in the world with like $12 billion of total value locked it very clearly had nothing to do with the content which was 4 words—the exact same 4 words that the entire team tweets at least once per day—typed on a white square so the only way you get “semi-free” distribution is if jesse, or someone of similar status, retweets & shills your coin it has nothing to do with the content & eveything to do with traders speculating on jesse’s attention capture the problem is that jesse buys every single coin that’s deployed on base, incrementally diminishing the value of his signal, as copy traders have now been piling in for months only to get rekt & subsequently bitch on the timeline so while this one garnished some attention, all for the wrong reason by the way, the real content creators saw none of that unless of course they get a signal, at which point…

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basil (recession arc) pfp

basil (recession arc)

they effectively create an arbitrage opportunity that traders, not collectors, will exploit & profit from the problem is that if the system needs a signal, it will consistently & disproportionately work against real collectors, which is the whole point in the first place so the platform itself needs to be the signal, likely through a native token that incentivizes organic discovery (flywheel whereby creators get paid by bringing new users into the system & selling their content) & long-term collecting (auctions, lockups & staking) otherwise any discovery is tied to fleeting signals that have no bearing on the actual underlying content what we’re doing now is a game of luck (via timing; first hour buys makes all the money) & grift (via insider trading, coordinated weighted trades, etc.) it has nothing to do with the creator, the collectors, or the content it has everything to do with chasing unsustainable attention the system needs to rely on its creators & collectors to mimetically signal, not a KOL

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Steve pfp

😴 https://warpcast.com/sdv.eth/0x9e29107a37b67f36f9707798d68eda1cc6093b0b

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grunt.eth pfp

interesting effect tho snipers have been buying everything on Zora, giving anyone launching tokens there a free $20-40 in fees :-)

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alex pfp

@proxystudio.eth

zora wasn’t providing distribution to content coins (200k - 300k avg. volume), base can which is why (from my perspective) they’d chose to deploy coins and share them I understand the play, but its not free. base doesn’t typically post about individual coins for exactly that reason (its not free, its risky. neither does zora)

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𝑶𝒕𝒕𝒊🎩🌊 pfp

𝑶𝒕𝒕𝒊🎩🌊

Exactly! This is what Jesse fails to see it’s not the same for regular people coining content.

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ruburi pfp

content coins as a concept absolutely have a right to exist. but the lack of anti-sniping mechanisms and the obsession with $10 mcaps concerns me. especially when the people who already have massive attention rarely use it to uplift or spotlight other creators. imagine building a small onchain museum of 10–15 artworks, each coined and archived via zora. this is where i agree with pumpfun thesis -> attention is not being fairly distributed, and most participants are not here to appreciate the art, they are here to snipe. low mcap becomes bait, not opportunity. and that motivates full-on sniper automation across everything. its ridiculous at this point. i also agree with @sdv.eth: unless you are a popular influencer, the current system makes it hard for creators to extract any value. what we need are tools to amplify creators and builders, not replicate solana-style flipping culture. and this vision needs to be shared by both parties — creators and the infra/platforms. otherwise this never compounds.

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FILTER8 💜☀️ pfp

FILTER8 💜☀️

Totally agree . 👍

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Blind Chronicles pfp

Blind Chronicles

I launched $CRITTER it’s not like any other memecoin here it’s my brand. I’m sure people say that all the time but I’m actually building it out myself. I don’t have whitelist or volume bots I don’t see the need of it. I don’t even have a banner up as I’m just building it by methods like this word of mouth and hard work. It’s based off an on going series of mine.

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D-wayñe 🎩🕴 pfp

D-wayñe 🎩🕴

I think I understand it a bit better

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0xZara.eth🎩 pfp

+1… but also, Jesse's been repping onchain like a monk in the mountains for years 😌📿 Same way MrBeast uploaded a zillion videos before hitting. The truth is, without a marketing budget, going viral depends on the kindness (or randomness) of giants. It’s not fair, just beautifully contradictory. Still, we’re all trying to build a system that doesn’t need a KOL to bless it for it to shine. Let's keep pushing 🍵

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VV 🎩 pfp

@valentinoviper

This person gets it.

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wiz pfp

i agree with most of your argument! from my pov content coins aren't about supporting creators. it's that they are a different way of posting content that has advantages not seen elsewhere

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