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https://warpcast.com/~/channel/cal
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
I say it again: the time is here (has been for a while now) to separate art from “post tokens” aka rodeo mints aka content coins “cointent” Content = stickers, not art But this requires a fundamental shift in how we view scarcity & abundance, onchain: https://paragraph.xyz/@wanderloots.eth/post-tokens?referrer=wanderloots.eth
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
One chain, one contract, one creator
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
What do you mean?
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
I reread your post from last fall. Until we have true decentralization, it’s like shooting buck shot. Creators need sovereignty
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
Ohhh I see! Yes for sure. And I think that will be the role for Art = sovereignty But I do see a place for “post tokens” or “content coins” as distinct from art to micro transaction support creators
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
I’m not really certain about this. For one thing, content coins are scattered across chains. Is Uniswap really gonna determine the value of something? Then we’re back to centralization. Where is the gain?
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
The gain is that the average person can’t afford $20 + pieces of art on a regular basis, but they can afford $0.25 content to show support for creators If the goal is to bring an economic layer to all media on the internet, it’s going to happen on a micro scale. The real issue (imo) is how do we retain value for the scarce assets that are produced, while giving value to the abundant ones?
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
The only way to maintain values for the abundant assets is through decentralization.
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
Doesn’t decentralization in this case arise from increasing the distribution of coin holders? (Not disagreeing, just trying to think through avenues over the next 5-10 years)
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
I’m glad you’re thinking about these things too. In my opinion, distribution is a little further down the line. This is what I’m thinking: /ENS tied to smart contracts and wallets VC /Content tied to VC /Coins tied to VC /Art/content tied to VC /Distribution is indexing above. As far as I can see right now, the only index thing that is possible is through the above schema. That is why I think we need some sort of structured data to categorize content.
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
I think that schema makes sense, but I think that distribution has to be considered earlier. E.g., if you're concerned about uniswap LP, but you have 10,000 users holding 1000 of your coins, they can directly exchange with one another, bypassing the LP entirely? perhaps I misundertand the LP haha
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
Maybe when the base frame launches, there will be a better opportunity
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
also, when coinbase wallet integrates farcaster and enables frames, now you're able to swap via other platforms
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
Yes. 🙌 that’s the opening I see too. So how do we prep for it?
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
we wrap our heads around the cointent meta, and start discussing with many people to get some social consensus on how it will be treated relative to art
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
Is “cointent” a new term?
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
as of yesterday: https://warpcast.com/jacob/0xdd72248f
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
Is that a word?
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
what are words 👀 just a series of letters understood by sufficient people to bring it into mass parlance so it could be now
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
Tent pole surrounding content
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Callum Wanderloots ✨ pfp
Callum Wanderloots ✨
@wanderloots.eth
https://warpcast.com/jacob/0xc413d915 haha like this?
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CarCulture.eth🎩 🔵 pfp
CarCulture.eth🎩 🔵
@carculture.eth
No, that’s a map of distribution
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