@gkash - yep, I’m with you. As an aside, while this could always change of course, Base already has a network token - it’s called Ethereum. 🤣 (yes yes I know that’s not technically what a network token is, but in this case I don’t see why - at this stage at least - Base launching a network token would deliver value that would exceed the legal and regulatory implications of becomng asset issuers themselves …✧
Exactly. Jesse has more pressing issues at hand. There's a lot of good things happening on Base. Moreso, bold of people to think that Jesse would risk his name and reputation including that of Base for how much? 😪😪 like wtf. People don't think✧
good summary. I’ve particularly enjoyed people screeching online about how this was some grand conspiracy by Jesse. I guess I could be wrong, but from every convo I’ve had with JP, I’d say he has more pressing and complex stuff going on than trying to scam using Zora 🤣✧
gkash
Base is for Everyone was posted on @zora and in minutes, the Market cap ran to Millions.
Here's what really happened :
. @zora is a platform where users posts their contents and these contents (pictures, videos) are turned to a tradeable coin.
People buy these contents because it resonates with them,
Some other people buy it because they think it will go viral, and when it does they make profit of it (when they buy).
Few hours ago, @base posted the content:
EVERYONE WINS ON BASE 👇
and the price rallied up to Millions in Market Cap.
People saw this coin and thought that Base launched a memecoin,
Snipers entered
So did Alpha callers
Some influencers even got in.
The price dropped massively when those Snipers who got in early sold.
The only way Base made money from this is from the creator earning.
Base haven't sold their initial supply gotten when the content was coined.
Disclaimer:
When you coin your contents on @zora , you automatically get 1% of the tokens supply.
You can control the Liquidity too.
This platform was created to encourage creators to bring their contents onchain and in return get incentiviced the way no platform has ever done it.
BASE IS FOR EVERYONE