crypto

I find the backlash to platforms experimenting with new ways for digital artists to earn money for their work to be fascinating.

If price per work is high, artists like it but the potential market of customers is significantly smaller, especially in a bear market.

If price per work is low, artists don't like it but the potential market of customers is significantly larger, even despite a bear market.

If 2021 NFT mania was an anomaly, then clearly the internet-native approach is lower price, larger market. But emotionally, that feels bad.

Wonder how you bridge that.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Interesting question. Artists in this space are already the most adaptable ones. We create and try to monetise by stacking income streams. Squeezing earnings outnof that is hard. The promise of a larger potenttial market is there, but many will not see that materialize. It's one of the reasons I have started my grant fund, but I'm a small potato. One bridge we need to build is to get artist actually benefiting from said potential.