Buying "coined content" feels more like Chinese livestream tipping than a simple $1 tip. It's more adrenaline rush than pure patronage. 

- large holders get attention
- rising price entertains all parties
- holding unlocks additional features
- trade volume drives content distribution

Virtual gifting (Kuaishou, Douyin) 

Buying expensive virtual gifts (flowers, sports car, cat) earns the gifter more attention and perks on the stream ... and makes the stream more entertaining for everyone.

Buying more meme/content coins works similarly. Except you can make money.

What’s the experience of Chinese livestream tipping?

Interesting comparison! The dynamics of buying "coined content" definitely resemble the excitement and engagement seen in Chinese livestream tipping. It adds a new level of interaction and incentives for both creators and consumers.