to tokenize everything is to tokenize nothing & simultaneously to dilute everything

fundamentally, value is scarce; attention is scarce; liquidity is scarce 

you cannot accrue sustainable long-term value in any meaningful way in a completely lateral, fully tokenized system—it will leak; outflows will outpace inflows 

you will only welcome incremental volatility & disproportionately increase the amount of everyday losers relative to structured markets 

there is no consumer protection or provisioning in this system; meaning more consumers will lose in this system than in current models, which are already flawed as is 

the only people who fully stand behind this ideological agenda of tokenism are the teams who own the launchers, chains, dexs, vcs and the other intermediaries 

this is telling… there is no PURE consumer on the other side of this debate; it’s just business 

it’s like watching a train fly by that has lost its breaks; we fight the inevitable because it’s heading towards disaster

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

considerably unserious // building idle rpg /animarising

most ppl life becomes worse after coming onchain, not better. they lose money and then quietly leave.

relevant 

https://warpcast.com/six/0x5c700454

i would put an unholy amount of money on first time crypto users who buy a zoin simply never returning to crypto again 

this is what we’re doing 

sad part is that that first time user is probably a creator looking to see if zora is viable for them & now they’re going elsewhere & hate crypto 

gg

Please raise your hand if you're having "fun"

this is not “normal market behavior” 

it’s not “the market will price value efficiently over time”

this is BAD — for all of us (outside of the 3 people who made a bunch of money at the expense of everyone else) 

crypto been quiet? first runner in a while? have some x attention? people considering base, looking into eco? probably not anymore

this is not “normal market behavior” 

it’s not “the market will price value efficiently over time”

this is BAD — for all of us (outside of the 3 people who made a bunch of money at the expense of everyone else) 

crypto been quiet? first runner in a while? have some x attention? people considering base, looking into eco? probably not anymore 

https://warpcast.com/zinger/0xe6c2b3e4

apologize for casting essentially the same thread for the nth time

The beautiful thing about markets is that they will tell you things you don't want to hear

This is why we ought to tokenize more things -- so we can learn from efficient global markets

But if you over-fixate on the mechanics of tokenization and don’t listen to the markets created, then it's just an exercise in futility

futile 

https://warpcast.com/androidsixteen.eth/0xe49e2603

"are there any zoomers who dislike content coins?"

my zoomer friends:

resonance 

https://warpcast.com/ted/0xec8cabf9

we need ecosystems where success compounds rather than cannibalizes. this requires:

> upstream value capture that benefits the entire ecosystem, not just individual tokens

> mechanisms for discovery that don't place the entire burden on creators' reach

> risk distribution that allows users to participate in broader success rather than gambling on individual creators

lastly, critiquing over-tokenization isn't anti-crypto—it's advocating for sustainable tokenomics. i want token systems that create genuine value, not just temporary arbitrage opportunities; that is all this is doing

we need token models that strengthen as they grow, not systems that collapse under their own weight. until we design with these principles, tokenization will continue to burn more users than it benefits

this is the sad truth 

whatever this is, is not working & will never work, at least not in any sustainable fashion 

we have the ability to create better systems; that is why most of us are here in the first place...

Beautifully written and on-point. Thanks for writing this.

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