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Coinbase CEO Responds to Doubts: Market Still Lacks Understanding of 'Content/Creator Tokens'
Summary: Former Coinbase employee hish posted on X platform early this morning, stating that Coinbase has not fully grasped the value of content tokens. Content tokens must have sustainable revenue capabilities and be able to share value with token holders, otherwise they may only end up as more beautifully packaged meme coins. In contrast, creator tokens ...
Former Coinbase employee hish posted on X platform early this morning, stating that Coinbase has not fully grasped the value of content tokens. Content tokens must have sustainable revenue capabilities and be able to share value with token holders, otherwise they may only end up as more beautifully packaged meme coins. In contrast, creator tokens have a higher barrier to entry and greater difficulty in construction, so exploring project tokens may 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 stated that the market still lacks understanding of the essence of content tokens and creator tokens. He mentioned that users can indirectly drive economic activity and demand for underlying creator tokens when purchasing content tokens, as the two can achieve value linkage and transmission through liquidity pool mechanisms.
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Link: Coinbase CEO Responds to Doubts: Market Still Lacks Understanding of 'Content/Creator Tokens' [Copy]