XRP News Today: Jesse Pollak Backs On-Chain Creator Coin Index to Boost Creator Economy

Generated by AI AgentCoin World
Monday, Aug 4, 2025 1:23 am ET1min read
Aime RobotAime Summary

- Jesse Pollak promotes On-Chain Creator Coin Index to track blockchain-based creator tokens, aiming to formalize the decentralized creator economy.

- He urges $5M+ investments to boost liquidity and institutional adoption, emphasizing dynamic returns from creator-driven digital assets.

- The index challenges traditional finance by offering transparent, real-time metrics for a market shifting toward direct creator-audience value exchange.

- Positive early traction from creators signals growing interest in tokenizing creative work, though long-term viability remains unproven.

Jesse Pollak, co-founder of Base, has publicly endorsed the launch of the On-Chain Creator Coin Index, a digital benchmark designed to track the performance of creator-issued tokens on blockchain platforms [2]. The initiative aims to formalize the emerging on-chain creator economy by providing a structured index that captures the evolving value and liquidity of creator-driven digital assets. Pollak is actively encouraging major investment funds to commit at least $5 million to the index, positioning it as a strategic opportunity in the broader crypto space [2].

The index, still in its early development phase, is expected to serve as a key reference point for investors seeking exposure to the creator token market [2]. Unlike traditional financial rankings, it is intended to reflect the returns generated by digital assets over time, offering a more dynamic and transparent view of the sector’s growth. This aligns with Pollak’s broader vision of integrating Web3 tools into the creator economy, enabling artists and content producers to monetize their work through direct, decentralized channels [2].

Pollak’s initiative is part of a larger movement to decentralize content monetization, moving away from centralized platforms that traditionally control revenue streams [2]. By advocating for the rapid listing of creator tokens on Base, he aims to enhance liquidity and attract institutional attention to what has been a relatively underdeveloped segment of the crypto market. The potential for increased trading volumes and volatility is seen as a key factor in drawing investment into this niche [2].

The response from the crypto and creator communities has been positive, with several high-profile creators already showing interest in participating in the index [2]. This suggests a growing appetite for structured approaches to tokenizing creative work. While the long-term viability of the On-Chain Creator Coin Index remains to be seen, its emergence reflects the broader shift in the crypto ecosystem toward unconventional use cases and decentralized value creation.

Meanwhile, the wider cryptocurrency market remains in flux. Reports indicate that Ripple’s valuation has climbed to $15 billion, reinforcing optimism around XRP and the overall digital asset landscape [1]. However, these developments are distinct from the creator coin movement, which focuses on decentralization and direct engagement between creators and their audiences [1].

Sources:

[1] Ripple's $15 Billion Valuation Fuels Bullish Case As XRP... (https://beincrypto.com/xrp-price-recovery-boosted-by-ripples-valuation/)

[2] BeramoniumCoin Price Chart (BERAMO) (https://www.coingecko.com/en/coins/beramoniumcoin)

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