Trustless Media
@trustless_media
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YOU KNOW WHAT YOU LIKE. 😏 🪄 Pioneering real, onchain co-ownership to help ideas people care about come to life 👀 Check out @coinage_media & @bestdishever_
Brooklyn, New York
Joined February 2022
Bitcoin dis-intermediated finance to liberate money. Now, it's time to do the same to liberate creators. For the first time, we are enabling creators to sell tokenized ad-space directly as NFTs to recapture their value. Bid on NFTs. Support creators. Redeem for ad-space 🧵
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Maybe the formula really is = (Stablecoins) + (onchain creator economy) - (the negative externalities of porn)
Updated the profits per employee chart from @profgalloway and @edels0n I know sex is always the flashier story, but what's happening with stablecoins and @Tether_to is fascinating Tether about to do $15 billion in profit this year with fewer than 300 employees:
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Hmm… interesting. A @trustless_media ad space NFT auction platform with other creators Wonder what comes next… 🤔 ▶️
Congrats to @moonpay for making history and winning our “ad-space as NFT auction” for the month of November 👏🏼 Thanks for supporting independent crypto journalism 🙏🏼
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Crypto doesn't need more tech. Crypto doesn't need more blockchains. Crypto doesn't need more governance tokens. Crypto needs real ownership. "If we can't do that, then crypto is dead." - @EthereumDenver founder @PallerJohn
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Another successful auction selling ad-space as NFTs to support the top independent crypto creators 👏🏼 Congrats to whoever won ad space in @coinage_media for November 👀
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Blockworks shutting down its newsroom and laying off all its reporters is indicative of a larger trend: Journalism layoffs are only going to accelerate. In some ways, this is tied to AI. But it's also tied to the old model for journalism being an extremely bad business. It's
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This was fun, I stayed till the end and got to hear two great founders @toady_hawk @zGuz speak about how their visions came to life, how they executed and a bit of some challenges along the way for both @betrmint on @base and @coinage_media on @zora Missed it? It's recorded
Welcome to our live show!
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Had a phenomenal chat with Netflix co-founder @mbrandolph about why Web3 is revolutionizing media again (just like Netflix once did) - His thoughts on @MrBeast as the future of media - Why we have "Fast & The Furious 64.2" - Why he's bullish $COINAGE
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The $COINAGE flywheel and how they monetize attention. "The next big studio will be built onchain." - @zGuz from @coinage_media
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I keep getting asked why we have both a $COINAGE creator coin and NFTs that unlock real co-ownership in the fastest-growing Web3 media outlet @coinage_media The reason is simple: -The token is our social currency -The NFT is used to co-own the business, IP, and earn dividends🧵
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Who owns the media? Washington Post: Billionaire Jeff Bezos Fox News: Billionaire Rupert Murdoch CoinDesk: Crypto exchange Bullish Coinage: ... You If a media outlet isn't owned by the people, can it really serve the people? We built Coinage piece by piece to find out Own us.
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People don't realize it, but all Web2 social really is is a creator-fan community with an intermediary in the middle: CREATOR ➡️ [FACEBOOK/YOUTUBE] ➡️ FAN Web3 Social like @zora is enabling: CREATOR 🔁 FAN That flywheel need a currency. That currency is a creator coin.
UPDATE: More than 1,380,080 $COINAGE has now been sucked up by the Coinage DAO. Use $COINAGE to mint a ticket into co-owning the fastest-growing Web3 media outlet. **Mint prices have been adjusted higher — and it now takes more $COINAGE to mint (still a 30% discount to $ETH)
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Did you notice the alpha on today's @coinage_media stream with @jessepollak? The first creator ads ever sold direct via auction as NFTs on @base @GBMauction A brand-new, dis-intermediated way for creators to cut out the middle man just dropped. That's economic freedom.
Bringing the Creator Economy Onchain with @Base founder @jessepollak
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I think it's time we have an uncomfortable conversation about *ownership* in crypto That is, expose the fallacy of READ/WRITE/*OWN* Because as this weekend's record $19B liquidation showed, in crypto you don't really own shit. You own tokens... and who owns those? 1/1 🧵
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Some stats to that show why the Web3 creator economy revolution will not slow down: Ad-Revenue from our *first year* on YouTube: $167 Trading fee revenue from our *first ~2 months* on @zora: $105,986
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I will repeat it until I am dead, but the dis-intermediation that Bitcoin pioneered with money will not stop there. Web3 is coming for content next. Saylor pioneered a DAT for the hardest asset in finance. @coinage_media is now doing it for the hardest asset online: Attention.
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NFA, DYOR, but I feel compelled to let people know I plan to continue climbing the ranks of the largest holders in $COINAGE for the sake of transparency I’m sharing this information for that, but also to educate people on: 1️⃣ why we launched on @zora, and 2️⃣ why I think
I got into @ethereum because of what @VitalikButerin once championed: decentralization, permissionlessness, community-ownership. America fosters those things via entities called Cooperatives. $400B worth of NYC buildings are Co-ops. REI is a Co-op. Why aren't they onchain? 🧵
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