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2oo2
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2oo2
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Digital Wizard ✦ https://t.co/NlfuoNBCaS ⠀⠀⠀⠀⠀⠀ Commissions Open 𓁹
Mexico Inscrit le Kasım 2021
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TRIGGER WARNING:
I'm going to write about @zora for a second.
If you have ZDS (zora derangement syndrome), it is probably best you just ignore this. I'm not saying zora is perfect or anything. Far from it. And for the avoidance of doubt, I am not an angel investor in zora. I hold ~$420 worth of $zora as of this post. No one paid me to write this. Blah Blah Blah. OK, now without any further ado:
I think in a few years we'll look back and realize that @zora was directionally right on a lot of things.
I'm not sure if they'll be able to overcome the amount of baggage there is attached to the brand now (not entirely their fault imo), and even without that baggage, being specifically right as opposed to directionally right can be enough to make the difference between success and failure. That said, things like personal tokens, pairings, vesting, and the new "autosell" feature are all interesting and worthy of further experimentation imo.
When I refer to being directionally right as opposed to specifically right, what I mean is, there are many ways to do personal tokens (i.e. TryRoll, BitClout, friendtech). Same goes for pairings (was content coins one level too far?). Vesting 50% of supply over 5 years (as zora does currently) is very different from say 10% over 1 year. And an "Autosell" of 20% every 2x is very different from 10% every 10x.
Details matter, and I think some of the details around these interesting elements have been not quite right. That does not mean that I know what is right. If I had certain conviction that I did (know what's right), I would probably go build the thing and become a billionaire.
Anyway, the $zora token is also configured in a specific way, the company has equity holders, it's gone through a number of fundamental iterations which can constrain optionality compared to a blank slate, etc. Any of these things individually could be enough to make the difference between something that could work extremely well and something that doesn't really work at all, and there are many more details than I have mentioned here.
My point remains the same though. I think we'll look back and realzie @zora was directionally right on a lot of things. There's not really any prize for that. I'm not saying that there's going to be. I'm just saying what I'm saying. We can check back in a few years to see if I am directionally right about them being directionally right.
Zora@zora
Introducing: Autosell A powerful new trading feature where 20% of your position automatically sells every time price doubles. Be early, miss less, win more.
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There's been 12M+ coins created on @zora; I think this number will double this year
I want a way to manage trades similar to tradfi (e.g. limit, stop loss); and I want alerts for what I'm looking for
Experimenting w/ an idea for something I'm calling zTrader
Zora Trader
GIF
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