Deep Tide TechFlow News, January 3rd, former Coinbase employee hish posted on the X platform this morning stating that Coinbase has not yet truly understood the value of content tokens. Content tokens must have sustainable revenue capabilities and be able to share value with token holders; otherwise, it will be difficult to achieve long-term value accumulation. If Base cannot solve this core issue of revenue sharing, related content tokens may ultimately only become more beautifully packaged Meme coins. In comparison, creator tokens have higher construction thresholds and greater difficulty, so exploring project tokens might be a more realistic path, but this may require Coinbase to make certain trade-offs at the wallet application level.
In response, Coinbase CEO Brian Armstrong said that the market still lacks understanding of the essence of content tokens and creator tokens. He stated that users purchasing content tokens can indirectly promote the economic activity and demand of the underlying creator tokens, as both can achieve value linkage and transmission through liquidity pool mechanisms.
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Coinbase CEO responds to criticism: The market's understanding of "content/creator tokens" is still insufficient
Deep Tide TechFlow News, January 3rd, former Coinbase employee hish posted on the X platform this morning stating that Coinbase has not yet truly understood the value of content tokens. Content tokens must have sustainable revenue capabilities and be able to share value with token holders; otherwise, it will be difficult to achieve long-term value accumulation. If Base cannot solve this core issue of revenue sharing, related content tokens may ultimately only become more beautifully packaged Meme coins. In comparison, creator tokens have higher construction thresholds and greater difficulty, so exploring project tokens might be a more realistic path, but this may require Coinbase to make certain trade-offs at the wallet application level.
In response, Coinbase CEO Brian Armstrong said that the market still lacks understanding of the essence of content tokens and creator tokens. He stated that users purchasing content tokens can indirectly promote the economic activity and demand of the underlying creator tokens, as both can achieve value linkage and transmission through liquidity pool mechanisms.