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Coop
@coopahtroopa.eth
What if every song on @cooprecs had a market cap? Does that sound exciting or what's your general reaction to that?
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Push 🎩🤌🏻
@push-
Like a bonding curve or something like that? Could be good to build some hype, but it’s not always the best way of bringing value too imho💆🏻‍♂️
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Coop
@coopahtroopa.eth
Basically been following the new Zora model pretty closely. Essentially gives every drop a market - whether its perceived as that or not. One big thing that's been missing from our model is there's no way for collectors to make money currently (they're all open editions) I'm really bullish on referral rewards but I do think for this to actually click there needs to be an element of being able to 100x a song. Lots to be unpacked here but alongside the number of mints we would basically be displaying the market cap the same way you would be scouting tokens on Dexscreener. I know they're not 1:1 but feels like the world we're headed to and trying to figure out our positioning in that race
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J Finn 🎩
@jdotfinn
It’s a pretty compelling idea 🤔 I guess as long as people can’t just buy tons and dump it to crash the price of it like some of these Zora auctions. Don’t know if it’s possible to smooth the curve out a bid. I guess it is kind of what people used to do with vinyl records in a way
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