@base builder #001; onchain cities w/ OAK & city3

no one is denying that content has value

ofc there is value in creating content _and_ distributing content

i am asking, concretely, why tokenization is [or will be] a 10x better value prop to today's creators than the web2 equivalent (relevant: https://www.shopify.com/blog/influencer-pricing)

creators owning their following seems pretty valuable, although arguably e.g. substack lets you do that today. And also owning the relationships has nothing to do with tokenizing in particular

my personal intuition (and admittedly biased desire) is that there are far more interesting onchain structures to bring creators, curators, and fans together in long-term alignment for the good-of-all-parties than tokenization. But I am here asking questions to learn and [try to] understand what about tokenization in particular has you so excited

boosting this because i really want to know:

what's the most compelling "_definite_ optimist" take on content tokenization

i vaguely suspect that the tokenistas are right on a long timeline (just look at the trend to date), but i still personally haven't heard anyone make a great case for it. Arguments for it kind of remind me in ~2016 when everyone would talk about decentralized-uber as a killer ethereum use case because "uber takes so much value from the drivers/riders"

steelman: genuinely good digital art, could see many pieces trading in the 5-6 figure range

traders running portfolios of tiny percentages of 1000s of pieces each, basically art world curator dynamics + digital markets

doesn’t look like current platforms align with the people who would drive that forward though

cofounder @canvas, prev @common, raymond.xyz

yeah could be.. It's not obvious to me that holding a tiny fraction of a piece of [recent] artwork comes with the same cache as "I hold this 1/1 from this super famous artist from 100y ago"

if the job to be done is stroking ego, i just don't see how you get there from here. if the job to be done is storing wealth, it seems like there are much better options. is there another job to be done to consider?

it’s definitely not institutional scale; personally skeptical anything institutional will create good sandboxes people want to play in outside finance.

i do think there are big enough outflows from btc to sustain some kind of market, entertainment being the job to be done there like most american gallery art

have met more crypto whales that are huge art collectors than ones who aren’t - question is whether that continues if crypto doesn’t ship a product that serves the demand