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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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Kieran Daniels 🎩
@kdaniels.eth
Hmmm I really like the direction of the idea… It would be hard without a bonding curve because where would the liquidity come from. Also the problem to address is probably the “why” does a person want to hold the token, aside from just collecting. Because when if it reaches a certain value normal incentive would be to sell. I think there is something here!
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