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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Angelika Kollin
@angelikakollin
Well, the only way to find out for sure now is to try it! I will list now some of my finished editions on Zora in secondary. I DO wonder at what price though… I am concerned that with all great ‘free’ art available nobody will be interested to pay. Let’s try!!!!
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aferg
@aaronrferguson.eth
Just to clarify: Zora automatically creates a secondary market when newly minted tokens end their primary mint cycle. So listing existing work on secondary won’t see the benefit of this update.
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Angelika Kollin
@angelikakollin
I don’t understand, they place my work on secondary automatically ? But who decides about price?
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aferg
@aaronrferguson.eth
Price is determined by supply and demand of the liquidity market that is created
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