I don’t completely disagree with Jesse here. 

If you parse the meat of his argument from the proselytizing, he’s basically just saying provenance and social proof are really all that matter. 

If you’re popular enough and drop a decent idea that gets a lot of attention you can now monetize more easily than before via web3. 

The asset is attention not the token itself, we’ve known this for years now. 

You can try to frame it in a million ways, and crypto has done so many times, but ultimately it’s the same thing it’s always been. We’re just turbo-launching shit now because it’s way easier than it’s ever been. 

Don’t overthink it. Content coins are memecoins are NFTs are ICOs and so on…

The reality is, there is a disconnect between what Jesse and the base team are pushing and what is actually happening onchain. 

If you look at the data there’s very limited interest in content coins outside of the coins that Jesse and the Base team created. And those coins trade just like memecoins, despite what Jesse is saying.

From the outside looking in “content coins” look strikingly similar to memecoins, just with a new coat of paint.