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ika
@ika_xbt
forever onchain / sharing thoughts on the latest trends
Joined June 2012
4.8K Following    17.9K Followers
money is a social construct with trust as the underlying... a creator coin isn't a product, it's the social link between a creator and their audience, and everything described here only works because that link got respected first. think about why outside teams choose to buyback $ANSEM to reach its holders, and not some celebrity coin's. because those communities are dead. everyone who launched before saw the coin as a way to farm the fuck out of their own audience, or thought the value was their reputation. it's not. reputation gets people in the door, the bond is proven through the coin. that's what a startup is actually buying with a buyback: not just eyeballs: a dedicated audience that holds and truly believes in what their creator builds, because he could rug millions any day and doesn't. reviews cost nothing, vouches cost nothing: a creator that doesn't grift his coin is a better oracle of who you should trust than any ethos score.
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