Reid DeRamus
@reidtandy
Been thinking about what drives people to support creative work — not just for access, but to support, express themselves, or feel part of something. If we want onchain products to truly grow the economy around creative work, we need to move beyond speculation and tap into deeper motivations. Some thoughts on the search for something better below. Would love to hear your feedback! https://paragraph.com/@reidtandy/why-will-readers-buy-coins
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Trigs
@trigs
What if it's some combination? I'm thinking: - utility coins at the creator level - spend/burn coins to mint nft's at the publication level - options for gating certain extra levels of access with tokens and/or mints - option for publication level patronage by collecting with a paid mint instead of token - optional extra utility for additional burn mechanisms for things like merch, event access, direct services, etc. - speculative component could be a token split on creator level mints. A creator's publications are ranked by total mints and holders get a split of new token mints based on which nft's they hold, somewhat hypersub style. Could potentially use a /revnet backend for managing this.
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Reid DeRamus
@reidtandy
Some excellent ideas, thanks for sharing! One idea I've always like that we haven't really explored much are NFTs at the writer- or publication-level. Like the digital equivalent of a New Yorker tote bag — something that provides signaling value that you care about & support a particular writer. Thanks again!
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