ⓘ This is a collectable writing NFT
I activated my Creator Coin on Zora: → Symbol: $mikeshupp • CA: 0x9b96...9d96, an ERC-20 token on Base Chain. Creator Coins tokenize a user's profile, and follow on Zora's implementation earlier this year of Content Coins, where each new post on the social app creates a tradable ERC-20 token on Base Chain, via a Uniswap liquidity pool. Now, with the implementation of Creator Coins, each new post's coin is paired in its Uniswap v4 liquidity pool with the user's Creator Coin; and the Creator Coin is paired in its own liquidity pool with Zora's native ERC-20 token $ZORA, also on Base Chain... thus capturing the value of all posts in a "flywheel" of content creation.
Both Post tokens and Creator tokens on Zora are minted with a total supply of 1,000,000,000. For Post tokens, users receive an upfront allocation of 10 million. In contrast, Creator tokens allocate 500 million to the user, streamed continually over a 5-year vesting schedule. The token Market Caps increase or decrease in value with trading and attention, and can be viewed in DEX Screener and other charting platforms for decentralized exchanges.
Zora illustration:
My Creator Coin:
