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Steve 🤙
📙Coauthor: The Everything Token ✍️Coauthor: First @HarvardBiz article about NFTs 🎙️Cohost: Coffee with Captain 💻 Consulted w/ @doodles, @starbucks, & more.
Conceptually, the @base app, and the mission to help creators monetize, is awesome.
But as @brookejlacey says, making content memecoins with a market cap is a turn off and won't onboard the next billion users.
Not FUD, but hoping @jessepollak & Base pivot away from this model.

Brooke Lacey22.7. klo 02.36
UPDATE: just to be clear I have no paid partnership with @baseapp so here’s my honest take:
Yes, I “made” $65 yesterday from posting my video. But I didn’t get paid like a creator- I cashed out the token
At its peak, my wallet balance was around $185… but people started dumping, and I was only able to grab $65 before the pool drained.
So how is that supporting me?
They weren’t tipping me. They were flipping a coin with my name on it. (I realize I got micro payments from transaction fees but it was minimal)
And I had to dump on them to get paid. 😬
Also unless I’m totally misunderstanding this - every new post mints a new coin.
>>>>Which means if I want to earn again, I have to do the same thing again… Dump that coin. >Then the next one. >Then the next.
So now I’m sitting here wondering:
>Am I launching a new micro shitcoin every time I post?
>Am I supposed to manage each of those little markets?
Because that doesn’t sound like creator monetization.
That sounds like an stress-inducing token treadmill.
@jessepollak is that how this is meant to work?
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