《Is Content Coin Speculation or Hope?》
If you have been involved in Web3, you must have seen this magical scene in the past two years: a casually posted message or a short video can be inflated to a sky-high price in just a few hours. Some become rich overnight, while others lose everything in two days. The name of this game is — Content Coin.
The concept of Content Coin is simple and fascinating: your likes are no longer just emotions, but money; your appreciation for content is no longer just about presence, but directly turns into investment. Creators have essentially done a 'mini IPO,' allowing users to bet with real money, which is almost unimaginable in the traditional internet.
From a broader perspective, Content Coin is a small experiment of ICM (Internet Capital Market). The idea of ICM is inspiring: any idea, content, or product can directly become a tradable asset, where users are not just spectators, but early shareholders. Content Coin is the first practical scenario of this theory — it turns a piece of content into a digital mini-stock, placing it in the market to see if the world is willing to price it.
Doesn’t it sound exciting? But behind the hustle and bustle lie three fatal problems.
First, the lifespan is too short. Content popularity is like fireworks, bright for three seconds and then extinguished, and coin prices fluctuate wildly with emotions, leaving creators with nothing but a mess.
Second, speculation is too heavy. 80% of early buyers are here for speculation; quirky, funny, and extreme content rises more easily, while high-quality content is often ignored. It’s like a night market where the loudest vendor isn't necessarily selling the best food.
Third, there is a lack of a closed loop. Most of the money earned from Content Coins comes from secondary market relays, with almost no self-sustaining ability. Once the popularity fades and no one picks it up, the price drops to zero.
Therefore, the world of Content Coins resembles a flashy market:
Fireworks shine brighter with each burst, but no one can ignite a lasting furnace.