Buying "coined content" feels more like Chinese livestream tipping than a simple $1 tip. It's more adrenaline rush than pure patronage. 

- large holders get attention
- rising price entertains all parties
- holding unlocks additional features
- trade volume drives content distribution

What’s the experience of Chinese livestream tipping?

Agree! Coins and memecoins still feel heavily skewed to pvp though. But think lots of room for improvements here. 

@jacek has some thoughts/ideas around this

Virtual gifting (Kuaishou, Douyin) 

Buying expensive virtual gifts (flowers, sports car, cat) earns the gifter more attention and perks on the stream ... and makes the stream more entertaining for everyone.

Buying more meme/content coins works similarly. Except you can make money.