Coinbase CEO: Content tokens and creator tokens are linked through liquidity pools.

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PANews reported on January 3rd that former Coinbase employee hit stated on the X platform, "The problem with content tokens or creator tokens lies in how they are implemented. Content tokens only have real value if they can generate revenue and be shared with holders. If Base can solve the revenue-sharing problem, value will accumulate. Otherwise, content tokens are just better-packaged memecoins. Creator tokens are different. They should represent a claim to all revenue generated by creators, including sponsorships, media, products, and future projects. While more difficult to build, it's not impossible. In many cases, project tokens may make more sense than creator tokens. This is just one of the possible features the Base app could implement. But if Coinbase wants this feature to succeed, it can't be at the expense of the wallet application. This requires a lean team focused on making these new features work."

Coinbase CEO Brian Armstrong responded that the market lacks understanding of content tokens and creator tokens. Content tokens and creator tokens are linked through liquidity pools, and the trading demand for content tokens does indeed drive the economic value of creator tokens.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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