NiftyNoon: Can Zora and Base Ignite a Contentcoin Revolution? 🔵🤝📈
Content coins are a new experiment in onchain media where individual pieces of content are minted into fungible tokens, turning every post into a tradable cryptocurrency (April 22, 2025)
Nifty Thought:
Launched in partnership between Coinbase’s Base L2 and Zora, contentcoins are a new experiment in onchain media where individual pieces of content—like a phrase or image—are instantly minted into fungible tokens, turning every post into a tradable cryptocurrency. Launched shortly before Zora’s token generation event for $ZORA on April 23rd, this model transforms attention into market value, allowing creators to monetize distribution. Traders can then speculate on the prices of these tokens based on the sentiment and popularity of the underlying content. Critics have argued this rollout resembled a typical memecoin drop, triggering confusion and have highlighted the reputational risk of financializing content without clear framing. Controversy aside, it is apparent that the discussions around contentcoins have helped them catch traction with digital creators hoping to financially capitalize on their work; tens of thousands of new tokens are launching through the platform on a daily basis. Furthermore, while some critics have identified overlap between contentcoins and existing onchain products like memecoins and NFTs, it is clear that the Zora and Base teams are striving to identify new opportunities to bring more assets onchain. It is this type of innovative thinking and risk-taking that pushes the entire crypto industry forward.
Highlighted News:
📈 The number of Zora coins launched on @base continues to increase. Around 28k tokens were launched from launchpads yesterday on Base:
https://x.com/0xsharples/status/1913955547507806417?s=46
💎 Zora co-founder publishes proposal on freely accessible content that is tied to “contentcoins” that move in value relative to the underlying content’s appeal:
https://x.com/js_horne/status/1895432886758879694?s=46
🪙 $ZORA TGE announced for April 23, 2025:
https://x.com/zora/status/1914051452882063793?s=46
🔷 @VitalikButerin has written this article https://ethereum-magicians.org/t/lo
ng-term-l1-execution-layer-proposal-replace-the-evm-with-risc-v/23617… to elaborate his intentions to change the architecture/core DNA of Ethereum:
https://x.com/cryptoviv/status/1914221063464239150?s=46
Project and Community News:
Strategy has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin: https://x.com/strategy/status/1914288828233273564?s=46
Coinbase, Circle, BitGo, and Paxos all looking to apply for bank licenses or charters [WSJ]: https://x.com/btc_archive/status/1914262641377153343?s=46
$ETH transaction fees down to $0.01: https://x.com/tedpillows/status/1913902219889410061?s=46
SOL just flipped ETH in "staking market cap": https://x.com/asvanevik/status/1913925649175306733?s=46
Abraxas Capital related wallet withdrew another 505 $BTC($42.64M) from Binance
hours ago: https://x.com/lookonchain/status/1913407803752124700?s=46
1,000,000,000 USDT (998,997,500 USD) minted at Tether Treasury: https://x.com/whale_alert/status/1914235134716280883?s=46
There are now 72 crypto-related ETFs sitting with the SEC awaiting approval to list or list options: https://x.com/ericbalchunas/status/1914336419314643103?s=46
for the first time in history, more content is being put onchain on @base than on @solana: https://x.com/jessepollak/status/1914330662485807299?s=46
A whale created a new wallet and deposited 9M $USDC into HyperLiquid to short $HYPE: https://x.com/lookonchain/status/1914278959912739063?s=46
Lowest quarterly VC fundraising in over a decade, meanwhile valuations are at 2021 highs and liquidity at 10yr lows: https://x.com/Curiousjorge65/status/1913291003991122377
Bitcoin ETFs command 90% of all the crypto fund assets globally: https://x.com/ericbalchunas/status/1914335090798215393?s=46
Announcing Circle Payments Network: https://x.com/circle/status/1914411337683480654?s=46
@MeebitsNFTs partnered with @thinkagents to bring Meebits into the world of onchain AI Agents: https://x.com/meebitsnfts/status/1914348493046505705?s=46
Season 1 of the Sophon Yapper Rewards has concluded, with $27.5k distributed to our most thoughtful contributors: https://x.com/sophon/status/1914395485575778511?s=46
Big day for ACK: https://x.com/tyler_did_it/status/1913612744017748419?s=46
A group of people drained over $100M from @bitgetglobal: https://x.com/0xdamix/status/1913918706985623945?s=46.
From $5.2M Profit to $335K Loss – Diamond Hand Gets Wrecked: https://x.com/lookonchain/status/1913429261509423184?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 768 ETH (▲ 89.46%)
🌊 OpenSea ETH Daily Volume: 958 ETH (▲ 34.39%)
🟠 BTC : 958 ETH (▲ 34.39%)
🔷 ETH: $1,637.85 (▲ 0.96%)
🟣 Solana: $141.29 (▲ 2.25%)
🟪 Polygon: $0.22 (▲ 8.69%)
Top NFT Sales:
Autoglyphs #168: 85.15 ETH
Pudgy Penguins #3946: 61.00 ETH
CryptoPunks #3331: 53.00 ETH
NFT Daily Winners:
🍭 Mocaverse: 1.93 ETH (▲ 1.63%)
💼 Ordinal Maxi Biz: 0.02 BTC (▲ 1.31%)
👩🏻 Milady Maker: 2.97 ETH (▲ 1.30%)
🚬 CryptoPunks: 42.00 ETH (► 0.00%)
🏳🌈 Chromie Squiggles: 4.39 ETH (► 0.00%)
NFT Daily Losers:
⛩ Azuki: 2.72 ETH (▼ 0.00%)
🐧 Pudgy Penguins: 9.75 ETH (▼ 0.81%)
🦧 Bored Ape Yacht Club: 13.98 ETH (▼ 1.13%)
😡 Mad Lads: 46.36 SOL (▼ 1.42%)
🐱 Quantum Cats: 0.05 BTC (▼ 1.70%)
🐵 NodeMonkes: 0.04 BTC (▼ 1.77%)
👾 Tensorians: 2.40 SOL (▼ 2.03%)
🏴☠ Captainz: 0.71 ETH (▼ 4.44%)
🧦 Bitcoin Puppets: 0.04 BTC (▼ 8.75%)
Notes:
If you find quick daily crypto updates helpful, please feel free to subscribe:
The content on this site is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Managed by @AxuETH, @Miinted, @drethernik, @SpeedyGonzale87 and @SSPxLEO