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.

I think a “hybrid” approach for selling content might work.

$BUU did something like this back in the fall with a raffle style entry for pfp art was priced in $BUU & $SOL; if you didn’t have BUU you could one click a sol price and it would swap to BUU as part of the ticket.

What was unique in my mind is it created an income stream in an asset other than the meme token, while also driving demand for the token.

Ultimately pricing in a meme token for the creator means they have to sell the token to receive revenue which isn’t great imo.

Personally think if Yon wanted to he could drive demand for gdupi with one of ones etc priced in usdc and gdupi and or eth and gdupi.

Also think 404s can be explored here, where artists could charge a fee upon redemption of nfts - though that goes back to using the underlying asset.

If I’m yon or another artist w a legit following I’m not keen to split trading fees a la Zora; I want the lion share for artists.

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I think a “hybrid” approach for selling content might work.

$BUU did something like this back in the fall with a raffle style entry for pfp art was priced in $BUU & $SOL; if you didn’t have BUU you could one click a sol price and it would swap to BUU as part of the ticket.

What was unique in my mind is it created an income stream in an asset other than the meme token, while also driving demand for the token.

Ultimately pricing in a meme token for the creator means they have to sell the token to receive revenue which isn’t great imo.

Personally think if Yon wanted to he could drive demand for gdupi with one of ones etc priced in usdc and gdupi and or eth and gdupi.

Also think 404s can be explored here, where artists could charge a fee upon redemption of nfts - though that goes back to using the underlying asset.

If I’m yon or another artist w a legit following I’m not keen to split trading fees a la Zora; I want the lion share for artists.

https://x.com/buu_solana/status/1853453799337373907

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

Some cool ideas here!

I think that’s the wrong mental model for fee splits fwiw 

Almost no reason to use a creation platform if they aren’t helping you get more attention, distribution and earn far more than you would have otherwise 

The primary determinant of rewards earned is higher volume over longer time frames, not split %.