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?
Brooke Lacey
Brooke Lacey21.7. klo 08.50
UPDATE: just posted my Women in Web3 video on @baseapp and have all of 4 followers and here we are:
This is just honest feedback, I’m happy to continue using and posting on the base app but this needs to be addressed first.
WILD that the positive post from yesterday got 30k views but this will probably die into obscurity
@HollanderAdam @baseapp And they’ve all just said to me “we’re learning, it’s in beta”
Also, your point was that there was no liquidity. There was. The problem is that every time a creator “coins” their content, they have to start from scratch building that liquidity. Over and over. It’s exhausting and unsustainable. Really really dumb. I was hoping there would finally be a way to immediately make money doing content.
HOW WRONG I WAS. I should have polymarketed this prediction
@monitalan @baseapp @0xAneri @farcaster_xyz @base I did actually post about this yesterday but people like the discourse better 🤷🏼‍♀️
Brooke Lacey
Brooke Lacey22.7. klo 05.18
Apparently there’s a creator fund on @baseapp that rewards high activity and engagement totally separate from coining your posts and dumping on your own holders. So if you’re posting there maybe skip the token treadmill and just rack up activity.
@baseapp @Punk9277 do you think this thread will get me a lot of yaps 🤣
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