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aferg
@aaronrferguson.eth
Anyone who knows me knows that I've been saying for ages that in my opinion the NFT space has struggled the past few years because we wrongly settled into a (centralized) culture of a few big ego collectors collecting 1/1s - but when the bear hit, they were over-committed and stopped supporting artists (since much "support" was an insincere tactic to build followings for dumping their own crap projects onto). What we truly need for a healthy art scene is a large collector base collecting lots of affordable editions. This eliminates the need for artists to worry about staying on the good side of a few arrogant collectors, as well as allows them the freedom to not converge on artistic styles that they think will appeal to these few people. It also eliminates the risk of art sitting in a dead wallet as a 1/1 for eternity, never to benefit the artist again. 1/2
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Peter The Roman
@petertheroman
Secondary market is very welcome, Zora have been making all the right moves. But I am concerned that the “free mint” fees for artists has been dramatically reduced in the new update. If I understand correctly it’s gone from roughly $2 a mint to 29 cents per mint. Punch to the stomach 🥊
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aferg
@aaronrferguson.eth
yeah definitely a big financial change...will be interesting to see how it works out longer term
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