good read

https://archive.is/2025.02.22-233319/https://www.forbes.com/sites/davidbirnbaum/2025/02/22/bitcoin-or-real-estate-its-time-to-change-how-we-think-about-wealth/

debating a last min trip to ETH Denver

anyone going? any events you’re looking forward to?

smartcoins

Zora

early /zora thoughts:

1) coins are more honest 
2) coins are more fun 
3) **coins are instant value for creators vs value obfuscated by nfts

/zora represents coins with art and creativity, Liquid Collectibles

/zora is an example of how apps will innovate on a new primitive of high coin quantity, low coin cost

Memes

glove is brined

https://zora.co/coin/base:0x4a2300c78dedb9763f00223aa9e06f83880c5d25?referrer=0xcb1f202585630d7d03b80ad3e80b3daa323c79d5

thread creeper by night 
top caster by day

We will see trillions of tokens in the coming years

Less than 1% of all the tokens that will exist have been created already. 99% of tokens have yet to be created.

Basically everything could be become a token.

Tokenizing all kinds of media isn’t an established consumer behavior that will grow and sustain. Maybe it becomes that but we have a long way to go. 

But the fact that real value can be ascribed to a piece of media/content and put out in the world as a public market that anyone can interact with is very interesting.

I love the experimentation.

just coin it.

Degen

is there a frame to stake my $degen and earn yield from my warplet?

Better, use social signals to determine the “right” token

I’m nerding out over this, love this update 🔥

I can make any cast on Warpcast go viral. 

Just need a good idea.

Base

one important nuance: average is a loaded word.

there will be more and more very highly valued (and valuable) coins on @base, including new and existing growing more!

but we'll also introduce new coin types (like content) that should have lower bases. that's good and healthy.

the more coins there are, the lower average market cap each of them will have

if you coin a photo, it's probably not going to be worth very much (if anything)

that's good, positive, and healthy for the world. embrace lower marketcaps as abundance.

me tonight:

lower marketcaps as abundance 🧘 
lower marketcaps as abundance 🧘 
lower marketcaps as abundance 🧘

🚨 BREAKING 🚨

NORTH KOREA JUST ANNOUNCED 
$1.5 BILLION STRATEGIC ETHEREUM 
$ETH RESERVE FOR THE COUNTRY. https://t.co/9ZXzKI3v6Q

Max Brown

I have so many thoughts 

https://x.com/maxbrownbtc/status/1893056041941627282?s=46

brykayne.com • Product Leader • ex-SuperRare • ex-Peloton • bry.base.eth

Liquid Collectibles

In a recent government hearing, someone referred to memecoins as “collectibles.”

When I think about low-priced coins - coins where the goal isn’t price discovery or speculation and where an underlying money market exists - I see 

Liquid Collectibles.

Some (but not all) thoughts:

1.	New Design Space - Most apps today focus on price, but what if an app optimized for quantity of coins rather than their price? Feels untapped.

2.	New Business Models - If quantity of coins is high and liquidity exists for each coin, there’s opportunity for a different business models. Need to think more on this aside from swap swap swap. 

3.  App Attack - The number of coin launchers is growing exponentially, yet very few apps are being built on top of those coins. Aside from /clankermon and kinda /nativefun, I can’t think of many experiences / products built on top of a large quantity of coins. Maybe this is the “app era unlock” we needed. 

More to come…

Some late night Friday coin thoughts 💭

Some thoughts on high quantity, low marketcap coins 

(would love to hear your thoughts)

👇👇👇