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@Kitty4D on the B-Chain
just my adventures with the blockchain, web3, cryptocurrencies, and NFTs
Developer, Content Creator, Former Camgirl
aka @kitty4Do, $kitty4d
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Post by kitty4d

2022-07-17
• 5 days ago

quoted repost

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DiamondVC
2022-07-17
• 5 days ago
#0FR has a positive effect on the entire Deso ecosystem as well as its various participants. For Creator's Coin Traders With 0 FR you can trade more actively. If you are not satisfied with the activity on the Creator Coin you bought? Sell ​​and and buy another. Do not be afraid to make a mistake that will entail instant financial losses. When buying a coin with 10-15% FR, you are doomed to spend more time in it than planned, as you will have to wait for the next user to buy it. By paying a commission, you are already playing with a negative expectation, you just bought and are already in the red. Deal horizon is increasing while financial expectations are decreasing. 0FR in this case increases the intensity of trading, increases their efficiency. This, in turn, can increase the number of active traders on the site, this will boost the turnover of coin trading by the creators and the level of liquidity on the platform and exchanges. 0FR increase the volatility of the coins of the creators Volatility is good, it attracts traders. Traders, in turn, bring liquidity to the platform, improve the liquidity of the Deso coin on exchanges, in addition to trading creator coins, they may want to try their luck in NFT, or invest in DAO, which will benefit the entire ecosystem. For a trader, the worst thing is the lack of volatility. If she is not there, they look for her elsewhere. 0FR adds variability in trading. For example, I hold part of the $Deso in anticipation of a rebound in its price on the exchange. For example, 25% of the total number of my coins. I need them to always be liquid so that I can sell them on the stock exchange. I can't afford to buy a high FR creator's coin from these funds, as I will take a loss in the amount of this FR which is not known when it will be covered. Also, if I want to return later, I will have to pay a second time, which will further reduce my financial expectations from the transaction. With 0FR commission, I can afford to use this part of the capital, as well as return after I left the coin back. For creators 0FR increases the number of visits to your profile, if the price of your creator coin is volatile, you will appear in the top in terms of growth more often, people will visit your profile more often to assess changes among holders, coin prices and recent activity. Along with this information, they will learn more about you and your projects. Increase their level of engagement as they want to know as much as they can about you if they want to invest in your creator coin. For builders 5. Applications for traders - which application was one of the first created to deso? It was @pulse and it was intended for coin creator traders. But the merchants are gone. Applications that focused on them have lost their relevance. (alerts, bots, trading interfaces, etc.) now they are not as in demand as they could be. If the involvement in the trading of creators' coins increases, then they will probably be relevant again. These are my thoughts on the benefits of setting 0 FR! Leave feedback and share your thoughts on this issue.
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i'll quote re-post this time since i got to read the rest. the thing i don't see is how it financially benefits the creator. totally understand and at least think i mostly agree with everything you said, but- never in those statements is where the creator is provided any funding for their creations. for me, this is less trading stocks, and more, funding a creator with a potential benefit on the side that you may see a rise in value of the coin. i think a creator improves when they get funding that allows them to do more. this in turn is what should be what helps increase the value of the coin. it's the creator coin, it should be something that people buy into to show support for a creator. the FR% is the small bit that the creator gets to actually use to do more of that whole creating thing. now, i would love to see real improvements made, i think i and my coin should be able to receive ad revenue somehow. if a site runs ads, there could be a way to have the revenue get sent into a locked value on the creator coin, of which i could set another FR%. this value maybe can be distributed to coin holders and not simply locked into the creator coin. now, both i and my coin holders are incentivized to promote my content (at the specific node, benefitting that node as well, it's a whole ecosystem here), and the creators who can promote on other platforms and drive traffic might see real benefits for themselves and their holders. likewise, maybe there's a trader who excels at this type of thing, and now the creator wants to go out of their way to attract that buyer. ads are the easy example of just one way to add something to creator coins that truly creates a revenue stream that puts value into the creator coin that isn't simply siphoning funds from other users and/or the creator. back when my creator coin was being bought and traded, i set up an account at cloutfanz with my content - which was only accessible for people holding some specified amount of my creator coin. i did this because this created an added value for my creator coin. you didn't need to care about my content, but you knew that by holding it, there was a chance people would want to buy in for access to the content. i didn't even know if many people ever used that access, it didn't matter so much to me, it was just another thing that i could do to bring something unique to my coin. if one day, i could monetize content on youtube, it'd be great if there would be a way to feed that into my creator coin. that's likely tricky, so it'd probably need to be a deso-native video streaming site. (and we need deso video embeds for sure anyway) hey, i can sell ads for other creators on my videos or whatever. i'd think of whatever i could to try to bring value to my coin. really, the FR% isn't enough for a creator, though i guess we may also have different ideas of what the creator is. i've literally spent 3+ days and nights with no sleep making content on deso. in between jobs, but also with my job over weekends. obviously i just love doing it, cause i don't make money doing it, but for a person wanting to make money doing content creation (and, good content is for sure essential to the platform). i know for a fact i am sending solana nft people to diamondapp to view my posts, because i share them, but that's nothing really. i'm not at any kind of real level to make huge waves. (though, i am pitching ideas to solana nft projects to try to onboard their entire communities onto deso, projects around the 3000-10000 member range, since i somehow manage to get involved in things enough to end up having a couple arms length reach between me and people on project teams, maybe because i like to make fun of them lol) i just think there are fundamental things lacking right now from how creator coin works that will always present a roadblock. i think there are ways to make the buyers and speculators able to trade and profit off of them, but the creator is basically a prop in that. which- you know, that's cool. if we can't do much while the system is broken, like, sure i'd try to help you in your endeavors- maybe. i mean, i don't wanna just do things for free lol. but i'd also just want people to be straight up with me about it too. working together is how big things happen anyway.
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kitty4D
2022-07-17
• 5 days ago
oh screw it, i did some edits to my post for the first time ever. i'm opposed to the idea in principle since we're on a blockchain but i hate it when i miss mistakes from typing fast.
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   Body: "i'll quote re-post this time since i got to read the rest.\n\nthe thing i don't see is how it financially benefits the creator. totally understand and at least think i mostly agree with everything you said, but- never in those statements is where the creator is provided any funding for their creations. \n\nfor me, this is less trading stocks, and more, funding a creator with a potential benefit on the side that you may see a rise in value of the coin.\n\ni think a creator improves when they get funding that allows them to do more. this in turn is what should be what helps increase the value of the coin. it's the creator coin, it should be something that people buy into to show support for a creator. the FR% is the small bit that the creator gets to actually use to do more of that whole creating thing.  \n\nnow, i would love to see real improvements made, i think i and my coin should be able to receive ad revenue somehow. if a site runs ads, there could be a way to have the revenue get sent into a locked value on the creator coin, of which i could set another FR%. this value maybe can be distributed to coin holders and not simply locked into the creator coin. now, both i and my coin holders are incentivized to promote my content (at the specific node, benefitting that node as well, it's a whole ecosystem here), and the creators who can promote on other platforms and drive traffic might see real benefits for themselves and their holders. likewise, maybe there's a trader who excels at this type of thing, and now the creator wants to go out of their way to attract that buyer. \n\nads are the easy example of just one way to add something to creator coins that truly creates a revenue stream that puts value into the creator coin that isn't simply siphoning funds from other users and/or the creator. \n\nback when my creator coin was being bought and traded, i set up an account at cloutfanz with my content - which was only accessible for people holding some specified amount of my creator coin. i did this because this created an added value for my creator coin. you didn't need to care about my content, but you knew that by holding it, there was a chance people would want to buy in for access to the content. i didn't even know if many people ever used that access, it didn't matter so much to me, it was just another thing that i could do to bring something unique to my coin.\n\nif one day, i could monetize content on youtube, it'd be great if there would be a way to feed that into my creator coin. that's likely tricky, so it'd probably need to be a deso-native video streaming site. (and we need deso video embeds for sure anyway) hey, i can sell ads for other creators on my videos or whatever. i'd think of whatever i could to try to bring value to my coin.\n\nreally, the FR% isn't enough for a creator, though i guess we may also have different ideas of what the creator is. i've literally spent 3+ days and nights with no sleep making content on deso. in between jobs, but also with my job over weekends. obviously i just love doing it, cause i don't make money doing it, but for a person wanting to make money doing content creation (and, good content is for sure essential to the platform). i know for a fact i am sending solana nft people to diamondapp to view my posts, because i share them, but that's nothing really. i'm not at any kind of real level to make huge waves. (though, i am pitching ideas to solana nft projects to try to onboard their entire communities onto deso, projects around the 3000-10000 member range, since i somehow manage to get involved in things enough to end up having a couple arms length reach between me and people on project teams, maybe because i like to make fun of them lol)\n\ni just think there are fundamental things lacking right now from how creator coin works that will always present a roadblock. i think there are ways to make the buyers and speculators able to trade and profit off of them, but the creator is basically a prop in that. which- you know, that's cool. if we can't do much while the system is broken, like, sure i'd try to help you in your endeavors- maybe. i mean, i don't wanna just do things for free lol. but i'd also just want people to be straight up with me about it too. working together is how big things happen anyway.",
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      Body: "#0FR has a positive effect on the entire Deso ecosystem as well as its various participants.\n For Creator's Coin Traders\nWith 0 FR you can trade more actively.\nIf you are not satisfied with the activity on the Creator Coin you bought? Sell ​​and and buy another.\nDo not be afraid to make a mistake that will entail instant financial losses. When buying a coin with 10-15% FR, you are doomed to spend more time in it than planned, as you will have to wait for the next user to buy it. By paying a commission, you are already playing with a negative expectation, you just bought and are already in the red.\nDeal horizon is increasing while financial expectations are decreasing.\n\n0FR in this case increases the intensity of trading, increases their efficiency. This, in turn, can increase the number of active traders on the site, this will boost the turnover of coin trading by the creators and the level of liquidity on the platform and exchanges.\n\n0FR increase the volatility of the coins of the creators\nVolatility is good, it attracts traders.\nTraders, in turn, bring liquidity to the platform, improve the liquidity of the Deso coin on exchanges, in addition to trading creator coins, they may want to try their luck in NFT, or invest in DAO, which will benefit the entire ecosystem.\nFor a trader, the worst thing is the lack of volatility. If she is not there, they look for her elsewhere.\n\n0FR adds variability in trading.\nFor example, I hold part of the $Deso in anticipation of a rebound in its price on the exchange. For example, 25% of the total number of my coins. I need them to always be liquid so that I can sell them on the stock exchange.\nI can't afford to buy a high FR creator's coin from these funds, as I will take a loss in the amount of this FR which is not known when it will be covered. Also, if I want to return later, I will have to pay a second time, which will further reduce my financial expectations from the transaction.\nWith 0FR commission, I can afford to use this part of the capital, as well as return after I left the coin back.\n\n\n\n For creators\n0FR increases the number of visits to your profile, if the price of your creator coin is volatile, you will appear in the top in terms of growth more often, people will visit your profile more often to assess changes among holders, coin prices and recent activity.\nAlong with this information, they will learn more about you and your projects. Increase their level of engagement as they want to know as much as they can about you if they want to invest in your creator coin.\n \n For builders\n5. Applications for traders - which application was one of the first created to deso?\nIt was @pulse and it was intended for coin creator traders.\nBut the merchants are gone. Applications that focused on them have lost their relevance.\n(alerts, bots, trading interfaces, etc.) now they are not as in demand as they could be. If the involvement in the trading of creators' coins increases, then they will probably be relevant again.\n\nThese are my thoughts on the benefits of setting 0 FR!\nLeave feedback and share your thoughts on this issue.",
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         Body: "i did a big write-up on how it's not so great for either the buyer or the creator to have an FR of 0%. about a week before raj left the platform. i said anyone asking for people to do this was likely to be bailing soon. and, yeah, crazy!\n\na seller looking for a lot of 0% FR coins could be looking to exit the platform and wants to try to make some quick money - they just won't buy into coins with existing holders who look like they'd rug them first ofc, which any buyer presumably would do regardless of your FR%. so they hope for other people to buy in after, because they are trying to maximize their chance to either sell for a profit or simply break even worst case.\n\na buyer who has 0% FR could also be looking to hook in some buyers to appear more legit down the line. if you believe in the reason why you are even selling your own coin, why give up the only good thing about it? people buying in at 0% will make it more difficult for people who believe in what you're doing to buy in, who might have been happy to support you with your FR% left untouched.\n\nas a buyer, i don't know why you'd want to \"invest\" (not really invest of course, that term is prohibited strictly, i'm using it for entertainment purposes only - and that, i guarantee) in a 0% FR profile. that's a gimmick like a furniture store \"going out of business sale\" or something. someone who is confident about what they're doing also knows that they deserve to get a little something off the top of whatever the people speculating on their profile get. \n\nbut, obviously there can be legitimate reasons for it. but this is deso, and more likely than not, someone is up to something. with that in mind.. or rather, it seems like a bad idea to not always have that in mind. \n\nwhat do i know though.\n\nthis is not financial advice, it's something i heard out my window and i just figured i should share it here. weird story right? all of that, heard through an open window. like, who would be talking about this stuff so late at night outside my window?",
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      Body: "#0FR has a positive effect on the entire Deso ecosystem as well as its various participants.\n For Creator's Coin Traders\nWith 0 FR you can trade more actively.\nIf you are not satisfied with the activity on the Creator Coin you bought? Sell ​​and and buy another.\nDo not be afraid to make a mistake that will entail instant financial losses. When buying a coin with 10-15% FR, you are doomed to spend more time in it than planned, as you will have to wait for the next user to buy it. By paying a commission, you are already playing with a negative expectation, you just bought and are already in the red.\nDeal horizon is increasing while financial expectations are decreasing.\n\n0FR in this case increases the intensity of trading, increases their efficiency. This, in turn, can increase the number of active traders on the site, this will boost the turnover of coin trading by the creators and the level of liquidity on the platform and exchanges.\n\n0FR increase the volatility of the coins of the creators\nVolatility is good, it attracts traders.\nTraders, in turn, bring liquidity to the platform, improve the liquidity of the Deso coin on exchanges, in addition to trading creator coins, they may want to try their luck in NFT, or invest in DAO, which will benefit the entire ecosystem.\nFor a trader, the worst thing is the lack of volatility. If she is not there, they look for her elsewhere.\n\n0FR adds variability in trading.\nFor example, I hold part of the $Deso in anticipation of a rebound in its price on the exchange. For example, 25% of the total number of my coins. I need them to always be liquid so that I can sell them on the stock exchange.\nI can't afford to buy a high FR creator's coin from these funds, as I will take a loss in the amount of this FR which is not known when it will be covered. Also, if I want to return later, I will have to pay a second time, which will further reduce my financial expectations from the transaction.\nWith 0FR commission, I can afford to use this part of the capital, as well as return after I left the coin back.\n\n\n\n For creators\n0FR increases the number of visits to your profile, if the price of your creator coin is volatile, you will appear in the top in terms of growth more often, people will visit your profile more often to assess changes among holders, coin prices and recent activity.\nAlong with this information, they will learn more about you and your projects. Increase their level of engagement as they want to know as much as they can about you if they want to invest in your creator coin.\n \n For builders\n5. Applications for traders - which application was one of the first created to deso?\nIt was @pulse and it was intended for coin creator traders.\nBut the merchants are gone. Applications that focused on them have lost their relevance.\n(alerts, bots, trading interfaces, etc.) now they are not as in demand as they could be. If the involvement in the trading of creators' coins increases, then they will probably be relevant again.\n\nThese are my thoughts on the benefits of setting 0 FR!\nLeave feedback and share your thoughts on this issue.",
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