Kien 🙏
@kienfam
969 Following
1903 Followers
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Recently, @zora launched a new app version with content coins.
Imagine an Instagram-like feed where every piece can be traded as erc-20.
Some ideas are great in theory but hard to execute.
Pros and cons of the pivot:
- Before, people collected art; now it feels different.
- Now you can feel the money loss.
- NFT metadata differs from ERC-20 tokens.
- Creators may earn more with speculators pushing the token.
- They need top-tier creators, but viral content is unlikely.
- We're tired of gambles.
Given Solana's history, we lack good tokens, narratives, and strong holders.
Tokenizing everything fragments liquidity and attention. If Pump executes it, it might work, but without speculative pmf, traction is unlikely.
$99,856 earned by 7,990 unique creators—lower than other platforms.
For success, the "runners" rate should be 0.5-1%.
I like that someone tried this scale; it helps me verify assumptions as a founder.
Of course, it can be profitable, but can it become a unicorn? Time will tell. 0 reply
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