Following the explosive rise of $DEGEN, $ENJOY brought the tipping economy to Zora. In early April last year, $ENJOY reached its ATH, and Zora experienced explosive growth alongside it. People were tipping creators with $ENJOY, minting what they enjoy with $ENJOY, and this also spotlighted projects like Surreal and Interface, which support tipping with $ENJOY while minting Zora NFTs.
But in the fast-paced world of crypto, innovation that doesn’t keep evolving is quickly forgotten. Time flies, and many of the tipping-focused memecoins born on Farcaster (aka “scene memecoins”) have gradually faded away. Perhaps token distribution and utility consumption remain challenging issues.
Still, the bright side is, they’ve left behind valuable lessons for those who come next.
Goodbye $ENJOY, goodbye to what Zora once was. 2 replies
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