How to make $1M:

When you launch a coin on Zora, the market cap starts out at $1.7k.

As the creator, you receive 1% of the supply, equivalent to $17. 

If you repeat this process 58,823 times, the total value of all the coins you own that you made will be over $1M.

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i guess, to be clear 9and someone correct me if im wrong), but its all virtual supply, right?
It doesn't ACTUALLY start at $1.7k.. You own 1% of the virtual supply?
Please correct me if i'm wrong.