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Alpha leak just for Farcaster: @drakula is introducing “videocoins” this Wednesday

It’s easy for creators: upload a video and earn.

It’s easy for users: every videocoin is a fun meme to buy into. Powered by @zora.

a video platform where creators own their content, which is composable with everything web3

imo the main reason @drakula hasn't really taken users from tik tok yet is because most of the world is ignorant to what's going on onchain

- @base bringing the world onchain
- @zora building the best onchain infra for creators
- builders like @alexmasmej.eth grinding nonstop

it's only a matter of time

Founder @drakula (download on the App Store: apple.co/3N8hRmi). Previously created $ALEX.

Base memecoin season is here. Download /drakula on the App Store: apple.co/3N8hRmi

Zora

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

This has been the on chain creator economy issue for the last 5 years. The issue is it’s cool if you’re into crypto and stuff but it doesn’t actually scale because people don’t consume video in this format and they aren’t used to paying for media or art with money vs paying with their data that is being sold. 

There has yet to be a music or media platform to crack this code they have all failed so far. I hope everyone succeeds but I just don’t see this scaling.

I want them to succeed but this isn’t going to scale imo. There is no decenrible value to being paying for and it’s already a hurdle for normies. This will suck liquidity out of the same 100-1000 users and then fall flat.

growth @teller coming soon @clarity





























































hosting /kieran /usdc /loans 

agree re: videocoins specifically in their current form, I don't see how buying the video itself and expecting resale value is going to work for the average user. Maybe a video that is incredibly viral or otherwise important.

Are the videos used in this ERC-721 or 1155? Are users buying ownership of the video?

I could see this scaling in some interesting ways but it's a tough one.

Maybe purchasing videos from creators you like, then staking $DEGEN to increase their relevance in the algorithm, which increases the likelihood that they go for a secondary sale... but it lacks incentive for at least one of the involved parties and it's still inferior to simply staking.

I want them to succeed but this isn’t going to scale imo. There is no decenrible value to being paying for and it’s already a hurdle for normies. This will suck liquidity out of the same 100-1000 users and then fall flat. 

https://warpcast.com/kdaniels.eth/0x678dc3ee

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I would not have the same analysis.
TikTok is very good at rewarding creators, and is driving a massive volume of users / views.
Drakula is great, but it is still very "cryptobro" and far from being useable by mainstream creators. Not because people "do not know what is happening onchain", but because the "onchain" UX is very far from Web2 standards for creators.
@shlind surely has a take on that :-)