X @wale.moca 🐳

Creator capital markets (aka coins launched by creators) have failed so far because there is an inherent value alignment problem between the creators and traders/holders.For this reason, all the creator coins we saw during the brief pumpfun streaming phase trended to zero.At least there we had some transparency, compared to the celebrity memecoin run in 2024, where we only got bundled coins that went to zero in the first week after launch, with the team holding (and selling) a big % of the supply thenselves ...