So here is my take: >@zora model was horrible, until a few days ago... >allowing any base-pair token (not forcing pair with $ZORA), enables Creator tokens to be permissionless community alignment and participation markets with built in reward distribution mechanisms 100% onchain
Launch a creator token and pair it against BMX. Produce educational (non-financial advice) content and/or graphics/media to support and onboard users into the BMX ecosystem. Your coined posts will be paired with your creator token. You earn fees when swaps happen. BMX protocol (or anyone) can buy your posts if they like the content (and may want to redistribute/utilize it as official content). Maybe your creator token, too. They’re not required to, it’s just good faith honor sealed by based values, otherwise known as a baseshake. We’ve lobbied hard for Zora to allow pairing with other tokens. We didn’t believe in 3% swap fees. They lowered them to 1%. And soon, other token pairings. Small changes, massive impact. Zora is becoming useful: it helps unite and collect diverse, decentralized views and perspectives and turn them into unified, scalable content through tokenization rather than marketplace listings. The key difference here is greater benefit for the protocol. With marketplace listings, you create content and sell it to the protocol. You earn, they get content. But with Zora’s model, the protocol now gets a liquidity sink. For tokens with infinite emissions this doesn’t prove as beneficial. But for a token with zero emissions, it’s huge. The creator chooses to pair with the protocol token and align economically. Welcome to the cult era of Zora creator token pairings. Replacing NFTs, Zora tokenized. But, what even they likely don’t realize yet, is that by allowing people to pair with any token, this is similar to communities rocking NFTs as PFPs. Pick your base-pair token and represent that community and create creator connected communities through it. Pretty strong sell: a social economic network. We’re adding in educational. BMX team recently acquired a media company. We’re not here to take part. We are here to take over. Now, we want to build an army of independent content creators united behind pairing with BMX. First we grow and scale the BMX ecosystem, then we expand our horizons and scale the onchain world. You don’t need to ask for permission. When pairings are enabled, simply pair with BMX and ship valuable content. Tag us and if we like it or want to use it, we’ll buy it. Proof of work, no promises. But if you’re based and ready to get to work… Let’s fucking go
@zora >this upcoming change paired with the reduction in swap fees from 3% to 1%, fixes the issues with the previous Zora model/design. read the full QT post for more details.
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