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1/ my 2c here is *for most coins* (e.g. $GDUPI), you need a sustainable source of demand and consumer friendly feedback loops + experiences to drive that demand. without that, you're relying on a very leaky bucket of attention -> ?? -> demand, which (as you're experiencing), is not a ... reliable source. while that might work for some coins, i am unconvinced it's long term sustainable.
historically, I think the primary way that people have been able to generate this demand is to build *experiences or apps* that either consume the token (e.g. pay $GDPUI to do Y) or charge fees for an experience that you then the project then uses to buy/burn/dividend the token (e.g. pay $ to do Y, take $ and buy/burn $GDUPI). this has been the strategy for many apps (e.g. AAVE does buybacks) as well as memecoins (e.g. $TRUMP doing dinner).
this strategy can be sound — but it requires you to either build apps or other experiences (e.g. dinner, swag, whatever). for many creatives, i'm unconvinced that's desirable / good! 3 replies
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2/ so then, the *big* question is: is there another model that could let creatives do what they love (e.g. create more content, art, whatever) and *still* have that same source of demand for their underlying asset with a consumer friendly entry point. in other words, how do you turn attention that content captures into a reliable source of demand for your token ($GDUPI).
unfortunately, I think this is still an unsolved problem: but I *do* think it's possible to solve. putting aside the specific mechanics, imagine if you could:
1. create content
2. when that content gets attention and people engage (e.g. like, collect) that drives demand back to your underlying token
the more content you create, the more attention you get, the more demand you drive.
at its core, this is the endgame that @zora is trying to solve. and while I don't think the current product fully does it, I think they are an iteration or two away. the key will be closing the feedback loop, then building enough attention to make it spin fast. 10 replies
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I wish I could say I was your guy, but there are loads of talented builders already out here doing their thing.
I think Blak Armory emits some innovation and strives to fill a niche and cross-section between NFTs, a Clanker token, a mini app, what ultimately is a game, and eventually PVP within the game. This is all wrapped up nicely with Empire delivering distributions/airdrops/NFTs and the Lore building afforded by having a main character, Raven, who's also an AI Agent @blakraven. She has her own Rodeo and Zora to distribute Empire Boosters.
Read the lore, get excited about the game, interact with Raven if you'd like, learn more about Blak Armory, load the mini app, mint and forge and get ready for Battles all right from Farcaster and completely onchain.
Base is for builders, I'm just a sole proprietor working day and night for my constituents. 1 reply
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