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.

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.

Just thinking out loud. Subject to change my mind in an hour.