According to TechFlow TechFlow, on January 3rd, former Coinbase employee hitch posted on the X platform, stating that Coinbase has not truly understood the value of content tokens. Content tokens must possess sustainable revenue-generating capabilities and be able to share value with token holders; otherwise, long-term value accumulation is difficult. If Coinbase cannot solve this core issue of revenue sharing, its content tokens may ultimately become nothing more than more elaborately packaged meme tokens. In contrast, the creation of creator tokens has a higher barrier to entry and is more difficult, so exploring project tokens may be a more realistic path, but this may require Coinbase to make certain trade-offs at the wallet application level.
In response, Coinbase CEO Brian Armstrong stated that the market still lacks a proper understanding of the nature of content tokens and creator tokens. He explained that when users purchase content tokens, they can indirectly drive economic activity and demand for the underlying creator tokens, as the two can achieve value linkage and transmission through liquidity pool mechanisms.
