Update: 
Starting marketcap on @zora is now $22 (~60x lower)

This includes:
+ Improving liquidity across the market
+ More expensive to snipe large amounts
+ More posts getting more volume (not just viral ones)

We'll keep working getting this as low and liquid as possible.

Here's a way to think about this:  

Zora is creating markets to discover the true value of content. 

Most pieces of content are worth non-zero but not thousands of dollars.  

So actually we need to get this as low as possible over time for efficient markets.

Is it ? Because it’s an un between coin it to proof You are the og maker vs you try to scam ppl…

Because the NFT model ultimately is much worse at capturing value for both creators and buyers in most circumstances (unless you are a top 0.01% creator who can sell 1/1s)

We tried to make it work for 5 years but ultimately coins are superior.

It's most obvious in the secondary market. NFTs are very hard to buy and sell. But with coins, anyone on the internet can buy any amount at any time: this is just a way better experience for people who are looking to collect something.