phil
@phil
I find the backlash to the new Zora model quite fascinating. When NFT’s first became popular, many people advanced the same criticisms. They weren’t real art, they overly financialized something that shouldn’t have a price on it, etc Now, four years later we have learned a lot. It’s time for new experiments. But it’s weird to see NFTs being held up as some bastion of artistic purity.
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Alex Mack 🏔️
@alexmack
The biggest issue with the model is it's tone deaf to artists. I support experimentation, FAFO and innovation on all fronts here. But, tokenizing a piece of art (maybe not content, some other interesting discussions there) into a coin with 1B supply does nothing to "support" the artist. Rather, it turns their work into a vehicle for quick trading and flipping... theoretically. And I say "theoretically" because trading can only occur with volume... apart from maybe a few runners from well-known artists, there is little to no liquidity in this uber-niched "coined art" market. I'd be interested to see how the builders expect for that to change. Furthermore, shifting the focus to trading art as a coin literally drains the soul of the art itself. I'd bet very few people are actually taking time with the art. Considering how it connects with them. Seeing if they "feel something" apart from the dopamine rush of the click / trade... I'm not saying people shouldn't use it. I'm just saying it's now for me.
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Alex Mack 🏔️
@alexmack
**not** for me.
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