Coinage's DAO has unanimously passed Proposal 25-017, implementing a significant policy change for their Zora creator coins. The proposal prohibits all sales through 2025, allowing only buy pressure on the tokens.
This decision follows recent developments in Coinage's integration with the creator economy on Base, highlighted in their recent interview with Zora co-founder @dg_goens about the creator coin explosion.
Key points:
- Complete lock-up of Coinage creator coins until 2025
- Only purchase transactions will be permitted
- Part of larger strategy to expand creator economy presence
- Builds on existing Zora creator coin model
The initiative leverages Coinage's award-winning IP and aims to enhance their Web3 media presence.
What happens when you take the @zora Creator Coin model and start adding award-winning IP from the only Web3 media outlet that's also Web3? 👀 Maybe we start with the interview that made Coinage what it is...
NEW: Coinage's DAO unanimously approves our proposal to not sell any of our @zora creator coins through 2025. Only buy pressure allowed. 🚀
How @Zora Is Unlocking a New Onchain Creator Explosion x.com/i/broadcasts/1…
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