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creator tokens make sense as a form of loyalty between the collectors and creators. creators forfeit their revenue and re-direct it to their holders instead to build an affiliate army. that's why creators should want to tokenize: an amplifier not a distraction

coining creators' earnings is the next evolution of creators coining content

ownership (revshare) as rebates == non-Sybil way to get ownership in the hands of users who make purchases in your app/store etc really underexplored area

seems like the most likely end game for zora is that the markets are completely abstracted away to 99% of end users but 1% of the users are evaluating which content is worthy to be shown. need to start where abstraction doesn't exist and build layering over time

i've been waiting for this day for months. hell yes.

would watch what Luke Barwikowski 🚜 is doing with incentives for Pixels. if this model works can likely be applied to other verticals for app/ecosystem level tokens as well

magical

Launching a token from day one is the natural endgame for project tokens. The real key is incentive alignment: release tokens only to actual users and customers, tie their value to revenue share, and remove every bit of friction in the process

I think it's helpful that something like this becomes a public good for startups. Because if we can find the most incentive aligned model, we can make funding much more accessible and new playbooks that blur the lines between capital formation and distribution

Tokenization will change our relationship with work through better incentive structures AI will change how we do the work through more efficiency

tokenization will make it more attractive to bootstrap ventures by simplifying access to capital

programmable equity unlocks the ability to share revenue directly to shareholders in real time. automate and abstract the k-1s away

It's very likely that even those in tech are underrating what AI will do to jobs. We are making something so powerful that we'll realize that the majority of things that we spend our time on will be useless. Finding purpose will be the golden question of the next decade

adults say to kids to pay attention. capitalism says to adults get attention and get paid

Media journalists said influencers shouldn't report on the news since they're not qualified to report. VCs say retail investors shouldn't invest in companies since they're not qualified to invest

Inflationary tokens that reward participants with upside is how networks should think about token distribution

Glad we can move on from this model, the incentives never made sense for foundations to do anything else besides create huge bureaucracies to get more tokens to sell, just like the US government is doing with the dollar.