A paradigm shift in the Shitposter Economy - [SERIOUS]

Creator Economy Paradigm

Fairly rewarding all content contributors has never been done by a major social media network. On the contrary, social networks have done the opposite, utilizing users as the primary product for monetization.

The r/cryptocurrency sub is the first scaled example of a Web3 social commerce platform that legitimately pays users for their contributions. By fairly rewarding individual user contributions with tangible digital assets, the sub has eloquently solved the creator monetization problem that has plagued the creator economy since the beginning.

The creator economy has been growing exponentially for the past decade. And yet, content creator monetization has been a sticking point. There is a tremendous amount of friction for creators that wish to make money from their work on social platforms, as the dominant Web2 platforms have stingily allocated ad revenue only to creators they deem worthy. Most creators must seek external revenue streams, primarily through brand sponsorships. Unfortunately, collaborating with brands is highly inefficient for all involved parties; creators need another avenue for revenue.

"As the ecosystem grows, the total addressable market of the creator economy could roughly double in size over the next five years to $480 billion by 2027 from $250 billion today" - Goldman Sachs

The path to a half-trillion-dollar creator economy will not look like the one that got us to $250 billion. The industry desperately needs innovation, and many of us are r/cryptocurrency followers because we believe Web3 is the exponential path forward.

Valuing the Valueless

A thing is worth what someone is willing to pay for it. As r/cc's crypto has only recently become publicly tradable, we need more indication of their future value.

Reddit's internal functionality will unlikely determine the crypto's value, the ability to purchase premium rewards, and the likes. Like most other Web3 projects with publicly tradable tokens, the market will determine the value of the project.

The fundamental underpinning of value will initially be in the hands of r/cryptocurrency content contributors. It is up to bag hodlers to determine the value of their past work. If an individual user decides that $.30 is a fair price for their labor, they are free to sell at that price. Those with higher standards will hold. Each will select what is acceptable. It's no different than accepting a salary to build someone else's dreams or paying others to build your own.

The beauty of this crypto is that it doesn't matter what Reddit allows you to exchange it for internally on the platform. Externally, it can be a speculative asset sold for whatever your heart desires.

Market Cap

This is the only crypto project that has ever had 6.5 million active users before publicly launching its coin for trading. Most hodlers are pre-ICO investors/beta testers and should see themselves as such. They will be the foundation of a future network effect that drives speculative valuation.

Though now tradable, swapping and buying opportunities are limited. Liquidity pools restrict large trading volumes, creating massive slippage for buyers and sellers, increasing risk, and decreasing investor sentiment. If/when the top 10 CEXs list, adequate liquidity will be added to the market.

With the CEXs will come tools for leveraged trading. Buyers and sellers manipulate all financial markets; this market-making process propels extended value. Look at some of the ludicrous shitcoin projects with market caps that are 25x/50x/100x the current $40M market cap. These shitcoins have nowhere near the utility or the functional user base. Once traders and market makers can speculate with 20x, 50x, and 100x leverage, we'll see where this baby goes.

Shitposters’ Shitshow

When the first wave of r/cc shitposters become millionaires and start buying Lambos an international PR whirlwind will pick up. Web3 tokenized social commerce will be seen as a paradigm shift and Reddit King Kong of the space.

The combination of word-of-mouth and PR will reactivate dormant users and bring droves of new users to the platform in hopes of striking it rich in the new shitposting economy. Crazier yet, some shitters will become rich.

Richer yet will be Reddit's pre-IPO investors when public trading on the NASDAQ begins. It's a story Wall Street will eat up because it's a business model that seemingly has no limits as the backend of the Reddit economy is bolstered by 100x leveraged trades on CEXs.

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Personal disclosure: I own r/cc's native crypto. A few weeks ago, I put $10k in at around $.11. I'm going to keep my eyes on the prize; for me, that's a wall of CEX listings, leveraged trading, news cycles, Reddit IPO, speculation,' 24/'25 bull run, and eventually, a top 100 (minimum) market cap (not necessarily in that order). I would like to see Doge taken out back and shot, so just maybe our crypto will take the place of the ultimate meme coin.