Nicki Sanders
@nicki
What’s going on with content coins? In the past few days, content coins started making waves on Base, Coinbase’s Layer 2 network. These tokens are tied to specific pieces of digital content—like posts or art—and are designed to reward creators and collectors through engagement. More attention means more potential value. Here’s what happened and why people are talking about it:
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Nicki Sanders
@nicki
What are content coins? •Tokens tied to digital content, not traditional assets •Value is driven by engagement—likes, shares, and visibility •Meant to be an alternative to meme coins and speculative trading •Introduced by Jesse Pollak from Base as an experiment in onchain culture The controversy: •A token called “Base is for Everyone” launched on Zora •It reached a $15–$22 million market cap in hours, then crashed •Even with disclaimers, many interpreted it as a financial opportunity •Critics called it a pump and dump fueled by hype Reactions have been mixed: •Supporters see a new way to empower creators and reward early collectors •Skeptics see just another meme coin with a rebrand •Traders were left with losses, while the conversation around risk and value continues
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Grey
@greygood
Thank you for the thorough and insightful overview
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meta-david 💥| Building Scoop3
@metadavid
TIL you have an account here
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