clanker

Degen

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

2/ so then, the *big* question is: is there another model that could let creatives do what they love (e.g. create more content, art, whatever) and *still* have that same source of demand for their underlying asset with a consumer friendly entry point. in other words, how do you turn attention that content captures into a reliable source of demand for your token ($GDUPI).

unfortunately, I think this is still an unsolved problem: but I *do* think it's possible to solve. putting aside the specific mechanics, imagine if you could:

1. create content
2. when that content gets attention and people engage (e.g. like, collect) that drives demand back to your underlying token

the more content you create, the more attention you get, the more demand you drive.

at its core, this is the endgame that @zora is trying to solve. and while I don't think the current product fully does it, I think they are an iteration or two away. the key will be closing the feedback loop, then building enough attention to make it spin fast.

jesse: if Yon launched gdupi today as a ‘content coin’ on Zora, would it be considered a success? would it validate your thesis about content coins + zora? 

yon has earned (going by today’s prices) >$25,000 from $GDUPI rewards

total creator rewards on (post-coin) zora are ~$460,000 

Yon has individually earned ~5.5% of creator rewards earned by ~all~ zora coin creators. 

he is incredible btw, as you know and we’ve discussed. he earned these rewards because of his own exceptional efforts, talent, with some minor help on our side with distribution. 

just trying to understand: what about Yon’s experience leads you to believe that many more coins = a better model for artists? he basically did the opposite of some of the content coin stuff you’ve describe. Yon very much stepped up to seize the opportunity / obligation of creating cool work around the coin.

and what about it tells you zora is the platform to help them do so vs. clanker? slightly confused as to the reference there.

no! that's the opposite of what I'm saying. putting aside where $gdupi is launched, I think it's good/viable to have a long running creator coin!

what I'm trying to tease out is how do you reliably close the attention -> demand loop. I think there's potentially a path to doing that with creating content where you use that infinite game of content to drive value back to the long running creator coin.

two ways I could imagine this working:

1. create content in the form of open edition NFTs, have it be mintable with $gdupi. this creates demand for gdupi, but unclear if there's sustainable demand for pure patronage at scale in this model
2. create content in the form of erc20s, pair it with $gdupi (a la what mint.club has been experimenting with). this also creates demand and I currently have a thesis could be more long term sustainable. 

my north star is how do we enable creators to create content as an infinite game, while letting the attention they capture drive value back to them. 

does that make sense?

Yeah this has been my plan for a long time but I don’t feel there is a solid framework to make it happen, kind of what I was mentioning before with needing splits and control of funds to flow from the fleeting attention to the permanent creator coins 

We need more nuance than a “post” token

Unofficial Intern at mint.club & part-time at hunt.town ...

/cal 

Photographer, Artist, Web3 Educator, IP Lawyer, Patent Agent, Explorer 📸⛰️✨ 

 Building /flowcast with /mindfulness 🌊

https://wanderloots.com/links

Will check out mint club, thanks! 

I think it’s also a UX component. Non traders are disenfranchised with trading, so it should be more focused on metrics the average person can resonate with so people can see how the attention is being captured and maintained, rather than just traded away

yes! 100% agreed. this is where there's a ton of whitespace for experimentation. I think we need 10x more builders working on this problem. 

cc @mintclub