PANews|Jan 03, 2026 02:56
[Coinbase CEO: Content Tokens and Creator Tokens Are Linked Through Liquidity Pools]
Former Coinbase employee hish stated on the X platform, 'The issue with content tokens or creator tokens lies in their implementation. Content tokens only have real value if they can generate revenue and share it with holders. If Base can solve the revenue-sharing problem, value will accumulate. Otherwise, content tokens are nothing more than better-packaged memecoins. Creator tokens, on the other hand, are different. They should represent a claim on all of the creator's earnings, including sponsorships, media, products, and future projects. While more challenging to build, it is not impossible. In many cases, project tokens may make more sense than creator tokens. The above is just one of the potential functionalities that the Base app could achieve. However, if Coinbase wants this feature to succeed, it cannot come at the expense of the wallet application. This requires a lean team focused on executing these new features well.'
Coinbase CEO Brian Armstrong responded, stating that the market lacks sufficient understanding of content tokens and creator tokens. Content tokens and creator tokens are linked through liquidity pools, and the trading demand for content tokens does indeed drive the economic value of creator tokens.
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