Interpreting the asset issuance platform Trend launched by STEPN executives in conjunction with Solana Mafia, can the tokenization of Twitter content create a stir?

Recently, another Solana asset issuance platform called Trend was established. Its founder is quite notable, having previously been a senior executive at STEPN and a partner at Multicoin. The investors include co-founders of Solana, the CEO, and the chairman of the foundation, among others.

Solana Mafia has made another move, launching the asset issuance platform Trend.

Trend, originally named OpenFriend.Tech, is an on-chain reputation platform based on Friend Tech. The founder, Mable Jiang, has quite a background, having served as a senior executive in the running shoe project STEPN and as a partner at Multicoin. Multicoin is a venture capital firm that has invested in Solana since its seed round, and it is generally believed that the firm has a deep relationship with the Solana ecosystem.

The Trend investment lineup is truly star-studded, featuring Solana co-founder and CEO Anatoly Yakovenko, Solana Foundation president Lily Liu, LayerZero co-founder and CEO Bryan Pellegrino, Jupiter co-founder Siong, Meow, Pendle co-founder TN Lee, Jambo Technology co-founders Alice Zhang, James Zhang, former CMO of Magic Eden Tiffany, FSL co-founder Yawn Rong, Jerry Huang, and contributor to Bonk.fun Nicholas.

and Kaito founder Yu Hu, Drift co-founder Cindy Leow, Multicoin Capital co-founder Tushar Jain, FSL CEO Shiti Maghani, Dragonfly Capital partner GM, Drift co-founder David Lu, Magic Eden co-founder Zhuoxun Yin, Folius Ventures founder Jason Kam, and the well-known Su Zhu.

Trend will tokenize posts, just copy the link to issue tokens.

On Trend, anyone can tokenize Twitter posts, and each post can only issue one token, following a first-come, first-served principle. In simple terms, if Trump posts a tweet today, I can copy the link of that post and issue a token on Trend. All buying and selling are conducted on Trend using a joint curve.

The price of tokens is mainly influenced by buying and selling, and is unrelated to the popularity of the post itself; it reflects what capital is doing. However, the concept of tokenization of posts seems difficult to distinguish from the claim that everything can be tokenized on the Base chain with Zora. Additionally, all posts from celebrities that could potentially create a trend will likely be tokenized automatically by individuals with programming backgrounds.

(Base issuance? Base is for everyone Market cap exceeds 20 million USD )

This article interprets the asset issuance platform Trend launched by STEPN executives in conjunction with Solana Mafia. Can the tokenization of Twitter content create a stir? First appeared in Chain News ABMedia.