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https://ethereum.org
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jesse.base.eth 🔵
@jessepollak
do people think it's Bad that @ethereumintern_ coined this poster on @zora, earned $217, had 615 people collect it, and now has 1% of the supply he can use to pay people to hang the poster around the world? that seems Good to me https://x.com/ethereumintern_/status/1911403125711192339?s=46
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six
@six
I don’t think anyone thinks that’s bad
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jesse.base.eth 🔵
@jessepollak
I actually think a lot of people do - or they think someone doing the same thing when it's not about Ethereum is Bad
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ruburi
@ruburi
my humble take on this: i guess because a lot of people are not trying to consume the coined content by contemplating on it, but they are consuming it via pure speculation cant see this world from a creator's perspective when a creator makes something valuable to the world (art, music, product, etc.) and then receives money from it through fees and other means people seem to buy the token to trade it and gamble money on it, not to donate money to the creator or appreciate art by buying it. i see what you are trying to do with coining a lot of content on @zora, including the recent @base launch i agree with an opinion that more tokens create more dilution and harm the ecosystem rather than healing it and building the culture. but an important consideration is what you perceive as a 'content coin'. token dilution makes sense when you have a lot of tokens with no purpose at all. content coins can have the value of a vision or opinion behind them. if you hold one, then you agree with it or share this vision
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ruburi
@ruburi
i mean why would you ever invest a large sum of money into content or a memecoin? thats why token dilution doesnt work here. i think people are just not used to treating tokens like this right now, and @base token launch is really provocative, but you raised some solid points with this. people may review the way they treat tokens. they shouldnt buy all the tokens they see from popular people, and this token can easily be viewed as a pioneer in such a field because its a provocative call to the public. the reaction here is expected, because people think that everyone owes them something and says 'hey there put all your life savings here and we promise you a lot of money' it takes time to sink that in
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