jihad ↑
@jihad
We claim to have “attention markets” today, but do we really? This would imply that price of a proxy asset is directly correlated with aggregate attention on a meme/idea/information. Or at least that volume is correlated. Trump is no less relevant now than he was when his coin dropped — is the token accurately capturing attention? The nature of tokens is such that you need *consistent value creation* to sustain the relationship between attention and price, and we don’t currently see that with tokens today.
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jihad ↑
@jihad
Now, what if there was less distance between things/content and their associated token? What if the content is the token? Theoretically, this should more accurately price attention. In the current market, though, that’s still not the case. I’m not sure why. Maybe attention on content is different than financial attention? I’m paying attention to Palestine-Israel, but I’m not speculating on it. Those are different types of attention.
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Tamrat
@tamrat
I think we have to be more specific about what “attention market” measures Trump launching a token is an unprecedented event. As such the attention market cap reflected that reality. But after a few days the novelty of trump launching a token started to die away and we dont even talk about it anymore. Attention market cap for it reflects that too. Trump the man will always garner attention but what the token was measuring was “Trump + Trump launching a coin”
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Zach
@zd
We have attention markets, but they’re not as liquid as they could be since the whole world isn’t participating in them yet That means that we’re measuring attention of a current thing at a current time relative to all the other things that are currently tokenized As more and more things become tokenized, and more liquidity enters each market, the intrinsic value of each thing becomes increasingly legible It’s kind of like a diffusion model - today the value of each thing is fuzzy, but with increases in liquidity comes increases in clarity
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JB Rubinovitz ⌐◨-◨
@rubinovitz
We have casino schelling points: People learn that once a certain series of events occur a casino game begins. But as more people learn the rules there’s less and less alpha.
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grin
@grin
i think the slope (change in price, whether positive or negative) more accurately represents attention also its attention specifically from the types of ppl who buy/sell coins. so while Trump may be as relevant as ever, he's far less relevant to daytraders than he was when he launched the coin
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Garrett
@garrett
We have attention markets but we don’t have widespread adoption of them from users Once there’s more users then they likely will become more correlated
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max 🎩🚂
@baseddesigner.eth
consistent value creation is the key here if Trump been posting more plans on the token or even just mentioned it - it’d climb back up again for sure at launch he posted about it so attention was way higher than it is now
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Brian 🌎☮️ 🎩
@bp
attention markets in the time of 2 second attention spans.
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