Are buyable posts actually valuable?
Base posts are ERC-20 tokens: you can purchase the same post as others and its value goes up with more purchases made.
However, like meme coins, majority holders/owners can cash out their portion for profit.
You still have your portion of the token, but its trading value drops.
Base mitigates rugs by adding liquidity limits. I'm guessing the limits are so high no one should be able to sell the posts.
But if the post value is purely symbolic, why collect? You buy to "support" the creator, but they cannot cash out due to liquidity limits. So, why purchase a post everyone else can purchase as well?
Perhaps posts should be an NFT only one person can own, rather than an ERC-20 everyone can have?
Unless the post itself is meant to create value, such that all holders are given some sort of utility.
Can we pull holders data from these posts though?
I think the biggest question is if creators can cash out profits. 🤔