coins

a bunch more thoughts on content coins, in response to some great questions from the legend @proxystudio.eth

@jessepollak Questions that come to mind for me (I’m highly skeptical but open about this meta, open to being wrong and glad we are discussing)

What makes a content coin a content coin? 

What are the costs and benefits for creators choosing to monetize content with coins? 

What are the

@_proxystudio my quick takes - caveated with the reality that all my thinking on this is evolving + maturing in real time.

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What makes a content coin a content coin? 

if it represents a single piece of content and it's created in a context where the expectation is set that the coin is the

jesse.base.eth

a bunch more thoughts on content coins, in response to some great questions from the legend @proxystudio.eth 

https://x.com/jessepollak/status/1912547035989061713

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

Why does content have to be a tradeable ERC20 with a market immediately tied to if on launch? It guarantees that someone will lose money on it, and that's alienating. Potentially devastating.

What is wrong with the model of a perpetually open NFT mint? 100% of mint proceeds are going to the creator, where they belong. If you want to rage quit the creator you can accept a bid on secondary, which probably isn't that far off mint price.