When life gives you lemons...

you dump them after two hours? 💀

/new-york by day 🗽 /untzuntz by night 😈 Fan of eating tacos and bringing people together, often at the same time 🌮

do you think that piece of media is worth >$70k?

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

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.

Expectations should change based on the app.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

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

c/acc - 🏴‍☠️🌊 Bring me that Horizon 🍹
Gold League of Legends player ✨hello✨
http://icebreaker.xyz/syed.fc

Curious: what was your friend's reaction?

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.

The transition from attention markets to information markets will take a little time for people to rationalise.