Ethereum co-founder Vitalik Buterin has raised critical questions about the current landscape of creator coins, suggesting that the industry's fundamental problem isn't insufficient incentives for content production—it's the lack of effective filtering mechanisms to identify genuinely valuable work. In Buterin's view, the Substack model offers a more pragmatic path forward through its emphasis on curated curation and active creator support. Furthermore, he proposes an alternative framework built around small, non-tokenized DAOs that could serve as gatekeepers for talented creators while repurposing creator coins as prediction instruments rather than mere speculative vehicles. This perspective reflects a deeper concern about distinguishing quality from hype in a crowded creator economy landscape.

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