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?

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?

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.

I lost focus of my mission and vision today. Tomorrow is a new day, a new opportunity to right my ship.