woj
@woj.eth
new zora model is different from what we have seen so far and it causes disappointment but imo it's the purest thing we had so far: a picture has a marketcap people will be mad that they can't profit off of someone's brand the way they could in the world where everyone is supposed to have max 1 token and they are supposed to promote it all the time (btw it will be the same list of people who made money on $ANON while producing no work) but the vibe will change once something organically goes to $1m and then to $10m and suddenly it will create a new tradable meta and people will be able to trade it again
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jalil
@jalil.eth
it's interesting but how is 1155 not a more natural home for an identifiable but networked (owned by many) artifact? just because protocol application integrations for the casino are better for erc20s - slap an imageURI on the contract and deploy a new one for each post?
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woj
@woj.eth
conceptually nfts make more sense, but the reality is that everything these days depends on a liquidity pools, specifically uniswap liquidity pools — and they depend on erc20
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jalil
@jalil.eth
what exactly is dependent on liquidity pools? because it's certainly not for the core mission (people want to support creators). or at least what i thought the mission was...
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alex
@alexgrover.eth
we worked on similar ideas for a long time with the thesis that bringing together these 2 groups of people would lead to better outcomes for both liquidity -> more opportunities creators to earn from their work more and better content -> “come for the casino, stay for the art” it’s still early and it’s possible that this happens eventually, but I’m not as confident that it will at this point
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woj
@woj.eth
i don't think "people want to support creators" materialized in crypto so far people thought it did but in the end it was always risk capital looking for the next opportunity > what exactly is dependent on liquidity pools? the asset counting in the phantom portfolio screenshot, the most important UI right now
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