CREATOR COINS ARE FAILING FOR A REASON NO ONE WANTS TO ADMIT

Summary from the TLDR Crypto newsletter

Creator Coins on Zora and Base are failing because platforms frame them as investment opportunities through trading contests and "green/red" categories rather than fan support tools, creating pump-and-dump cycles where early snipers and bots profit while late participants absorb losses, destroying community trust. Most creators lack audiences that sustain ongoing demand beyond initial Jesse Pollak amplification and platform features, with trading fees peaking in hours then vanishing as prices fall when temporary attention fades. Web2's sustainable model shows fans spending on merch, donations, and virtual gifts without profit expectations, suggesting Creator Coins should function as loyalty tokens and Content Coins as onchain tip jars where value flows from appreciation, not speculation.