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Content
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https://warpcast.com/~/channel/no-channel
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Tim pfp
Tim
@cryptim.eth
1) Going to take a contrarian viewpoint on this and say "this aint it." Sorry @jacob, @base, and @jessepollak It's just a pump fun clone with the added "social" layer aspect so you tie the coin back to a specific person. Here are the issues I have with it, as well alternative approaches
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Tim pfp
Tim
@cryptim.eth
2) We do not need more "tokens" The market is saturated with tokens, we need high quality cult coins. Think /lp, /mog Most people are down bad on any "token" they've bought, why buy more and continue to see your portfolio bleed
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Tim pfp
Tim
@cryptim.eth
3) Buying "content coins" will turn your wallet into the equivalent of an old gmail account. Endless spam airdropped coins, scrolling through useless shit and not knowing what tokens you've actually bought
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Tim pfp
Tim
@cryptim.eth
4) Buying a sliver of piece of content does not sound compelling. Why should I care if I own a small percentage of a post? What does that get me besides a wallet drowning in useless tokens? In crypto, people are driven by incentives, like it or not that's the way it is.
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Tim pfp
Tim
@cryptim.eth
5) I could go on and on but let me give some alternatives.... If we want to reward creators, make it easy to pair creativity with good tech that eth is capable of and built on. Here's a great example: https://www.youtube.com/watch?v=RI_dWnaUuw4&list=LL&index=22&t=14s
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Tim pfp
Tim
@cryptim.eth
6) This guy struggled just to create a contract but he struggled through and changed his life, while building a great community that backed him. Build tools to create unique smart contracts easily to empower creators.
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Tim pfp
Tim
@cryptim.eth
7) Focus on onboarding first, why continue to recycle the same liquidity and use the same old broken pump fun model? Get more eyes into the space before jumping into just another broken pump fun model.
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Tim pfp
Tim
@cryptim.eth
8) If it ain't broke, don't fix it. What's wrong with the old creator earning model? Why can't creators set a CPM on their posts? Boost video posts (since those do the best, let's be honest) and allow creators to earn a large percentage of the ad revenue?
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Tim pfp
Tim
@cryptim.eth
9) People will doom-scroll memes and videos. Just put ads in the middle and partner with legacy ad networks, like AdMob.
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Tim pfp
Tim
@cryptim.eth
If you read this far, I'd appreciate it if you could cast this into the /base channel. I'm just a member even though I paid the warps 😭
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Samo
@samo.eth
new FC explained here ⬆️ πŸ˜…
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