Zinger ↑
@zinger
When life gives you lemons... you dump them after two hours? 💀
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jesse.base.eth 🔵
@jessepollak
do you think that piece of media is worth >$70k?
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Zinger ↑
@zinger
No I think it's worth $0, it's literally a picture of lemons that Dan took. It's only notable because it was created by someone notable and notable people should think twice before launching liquid coins on the open market regardless of how easy apps make it to do so. No reason for it to be an ERC-20.
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Dan Romero
@dwr.eth
Expectations should change based on the app.
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Zinger ↑
@zinger
Why should anyone buy a liquid asset that represents your picture of lemons though? ERC-20s just don't seem like the right tool for the job here, too much emphasis on market cap
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Syed Shah🏴☠️🌊
@syed
I will say a friend who I was showing Zora to for the first time took a bit to understand the market cap aspect and definitely took some explaining. Didn’t connect as easily. It’s a fundamental rethink of the space but too early to call it imo. Curious to let it marinate for a bit.
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Zinger ↑
@zinger
Curious: what was your friend's reaction?
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Syed Shah🏴☠️🌊
@syed
She still was wondering why anyone would want to mint. I was making the analogy to instagram. Tbh I don’t think there was as much of a gap as i expected in market cap vs collecting. Collecting was easier to understand but the why wasn’t as obvious. But she has investments and has traded stocks so maybe that’s why. This is someone who doesn’t understand blockchain or what being onchain means. The numbers and the concept of the amount of money that flows onchain def grabbed the attention. Def made me more open minded to the experimentation. Think we need more of this kind of research/analysis. Just walk through with someone that has no onchain context or history.
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