Apex777 on Warpcast

Apex777 pfp

My loosely held opinion on Zora mints as coins until I see a shift. You are mixing two very different groups of people here with different agendas. - The collector, enjoyor of art, NFTs, digital assets. Doesn't really care about the price, just wants to support the artist / poster and have something in their wallet. - The coin trader Goal is to profit, simple as. Doesn't care about the post, art or content. Just wants to max min and move on. These groups don't really mix that well. - You put off the collector because the asset they want to collect will probably go to zero from a higher price than usual. - You dilute the market with more coins, meaning less volume on each so the coin trader spends less time in the trade. Who benefits here is the creator (those with a big following, as they will attract volume + get fees) -- Which is good, I'm all about paying creators maximum value.

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Apex777 pfp

As a sidenote note, as a founder who now has a coin and did previously enjoy Zora when it was 1155's. I now kinda feel like I can't really launch one, as I'm creating a new coin that is attached to me? Taking away from my projects coin. Will this just not steal volume from my own coin? Will I be asked "am I gonna update the dex" "wen tg" "does this coin now get an airdrop" etc.

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Apex777 pfp

And aren't we suppose to be creating "smart coins" with value / community / culture? Does a post on Zora, that now is a coin, meet these?

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Apex777 pfp

Again, opinions loosely held, but this is my current thinking. Thanks for coming to my @ted talk.

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max 🎩🚂 pfp

@baseddesigner.eth

Well put, I managed to profit off of $coins launch a bit but now only willing to put in 0.001 eth into new coins as it’s enough to support and can multiply it if needed don’t care about monitoring or the price later unless it’s 10-100x basically on the collector side they made it as cheap as you want to own the post

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SQX pfp

Mine is simpler in that my trust as a user of Zora was lost. How is this different than art run?

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kevin j pfp

yup that's pretty much my thought conflation of two users

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agrimony↑🎩 pfp

agrimony↑🎩

Jacob doesn't think so https://warpcast.com/jacob/0x8c3cfe53

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Alexey 🎩🐲🐹 pfp

Alexey 🎩🐲🐹

I think it's time to stop buying tokens on zora People should focus on the product, not who released it. People used to think good people would seriously create products. Now people lower their iq to 50 and do crazy pvp on some garbage celebrity tokens. As long as the art is reduced to a chart, we will see such a picture, when the value is lost, and the only thing in your mind is profit and waiting for the output liquidity after your entry. sad to see this

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