clanker

Degen

@base builder #001; onchain cities w/ OAK & city3

2/ so then, the *big* question is: is there another model that could let creatives do what they love (e.g. create more content, art, whatever) and *still* have that same source of demand for their underlying asset with a consumer friendly entry point. in other words, how do you turn attention that content captures into a reliable source of demand for your token ($GDUPI).

unfortunately, I think this is still an unsolved problem: but I *do* think it's possible to solve. putting aside the specific mechanics, imagine if you could:

1. create content
2. when that content gets attention and people engage (e.g. like, collect) that drives demand back to your underlying token

the more content you create, the more attention you get, the more demand you drive.

at its core, this is the endgame that @zora is trying to solve. and while I don't think the current product fully does it, I think they are an iteration or two away. the key will be closing the feedback loop, then building enough attention to make it spin fast.

jesse: if Yon launched gdupi today as a ‘content coin’ on Zora, would it be considered a success? would it validate your thesis about content coins + zora? 

yon has earned (going by today’s prices) >$25,000 from $GDUPI rewards

total creator rewards on (post-coin) zora are ~$460,000 

Yon has individually earned ~5.5% of creator rewards earned by ~all~ zora coin creators. 

he is incredible btw, as you know and we’ve discussed. he earned these rewards because of his own exceptional efforts, talent, with some minor help on our side with distribution. 

just trying to understand: what about Yon’s experience leads you to believe that many more coins = a better model for artists? he basically did the opposite of some of the content coin stuff you’ve describe. Yon very much stepped up to seize the opportunity / obligation of creating cool work around the coin.

and what about it tells you zora is the platform to help them do so vs. clanker? slightly confused as to the reference there.

My understanding was he was saying that having utility is the only reliable way to drive demand, but there is probably another way to do that and that’s what Zora is working on. I think clanker is experimenting around this too but I didn’t interpret him as suggesting Zora would be better for $gdupi . So far gdupi has been basically a pure menacing which is great but yon doesn’t have the kind of control he seems to be looking for with that model

Yeah I get the frustration about base promoting zoins more than clankers I’d be annoyed with that too. What’s an example of a coin with sustained value that has no utility and no viral meme?

I dont know what this means, there are a ton of ways to cultivate demand 

he explicitly suggested zora as being where he’s seeing this model come to fruition, I’m not guessing its in his post! 

fwiw I don’t think the conditions would be different for yon with a successful coin on Zora than they would be for Yon with a succesful coin on Clanker

the primary difference is that when yon did create with coin and make a ton of content,  jesse supported the project by buying some personally and RTing, posting with us about it. If yon did the same exact things, to a T on Zora, Base official would boost it and yon would make $