Hypetrek

Building an on-chain ecosystem for web2 creators to tokenize love. Using @WalrusProtocol with @SealProtocol as decentralized data storage.

[Hypetrek @HypeTrek]

We build for the ones that build culture.

Hypetrek manifesto:
https://t.co/wgviF8T4Cu

[Hypetrek @HypeTrek]

Want to know more details of our journey? Follow us and the full version of HypeTrek Developer Notes #1 here: https://t.co/eTsBlD4NrT

[Hypetrek @HypeTrek]

A month ago, we started building the first part of our vision: Hypetrek.Content. It will be a decentralized content system for web2 creators, more or less Patreon-like, built on @WalrusProtocol. We are going to start posting developer notes, and this is #1 of them.

[Hypetrek @HypeTrek]

A more complex approach is to create a multisig of A +B +... Z, and add a multisig address as an alias of A.

This way, more complex recovery scenarios can be supported, like 2 of 3 logins to recover the A, etc.

[Hypetrek @HypeTrek]

Jonathan Katz-Moses, a YouTuber making woodworking content just raised $2M to scale his creator business.

He has 590K+ subscribers, a 15-person team, and is projecting $10M in revenue by 2025

That is the type of creator we are building for.

[Hypetrek @HypeTrek]

@_openeconomy We are building number 6. Not on a weekend though :)

[Hypetrek @HypeTrek]

@afscott We build a “stock” market of Web2 creators

[Hypetrek @HypeTrek]

If your "creator coin" has no utility - it's a memecoin.
This means, it's value is speculative and based on hopium.
Crypto influencers mostly don't care, but real creators cannot afford to scam their audience.

[Hypetrek @HypeTrek]

https://t.co/UMeYsWnQZy

Private equity is already buying creators. However, they are loosing their own opinion after that.

We are allowing creators to tokenize their business by arming their audience with the soft power of Creator Tokens.

[Hypetrek @HypeTrek]

The problem with creators moving to Web3 is not coins or even UX.
Creators are nothing without their audience, and content distribution is the king.
You can't just create a Twitter or Twitch clone and expect creators to move.
Many tried, and many failed.

[Hypetrek @HypeTrek]

@mert Sounds like Ludwig Mises definition :)

[Hypetrek @HypeTrek]

What @zora does not understand.

Token without a natural demand is a memecoin = driven by speculations only.
That's why we build the real tools for the token utility first.

Creator should not sell the token—he sells utility that can be unlocked with the token.

[Hypetrek @HypeTrek]

@jessepollak @toly Nope, content fundamental value is 0. Zero.

Value of a creator nowadays is the trust, the bond, and the attention of his audience. Not the content.

That's why we are building utility for Creator Tokens first. Fundamental demand > speculations.

[Hypetrek @HypeTrek]

@jessepollak @base We are building exactly that. Let's talk?

[Hypetrek @HypeTrek]

Pumpfun X account has just been banned. We are not too much into meme coins, but this case is sad.

Centralized platforms can ban a creator any time, killing the business completely. We are here to solve this.

Creator Token converts the audience into a community.