martin ↑
@martin
are erc20 the wrong medium for tokenizing memes?
2 replies
0 recast
16 reactions
six
@six
IMO he’s saying they’re the right medium but the market has the wrong expectations around what a successful market cap should be
2 replies
1 recast
9 reactions
martin ↑
@martin
yeah i think i agree - the issue that by trading them as erc-20s, we assume high liquidity, and a marketcap of $100k is considered tiny whereas 1,000 images worth $100 each feels more meaningful
1 reply
0 recast
0 reaction
martin ↑
@martin
so the medium sort of matters because it impacts the perception of it via comparison to bigger coins
1 reply
0 recast
0 reaction