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ted (not lasso)
@ted
genuine question*: for artists who don’t like the new 30 cent default that some platforms now use, what’s stopping you from using a platform that allows you to set your own price or a higher default? what do you take into consideration when choosing a home for your art? *all my questions are genuine lol
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Callum Wanderloots ✨
@wanderloots.eth
I think it's less about what is stopping me from using other platforms, and more about how the current meta impacts the valuation of art as a whole. E.g., I might take 1-5 astro photos a year that cost me $1000+ & 100s of hours to achieve. If I sell that piece for $0.30, it requires a very large volume to break even on the cost of the photo, whereas selling a limited edition series of 10 pieces for $100 each is much more likely to be "worth it" However, if the public opinion is that art is now worth $0.30, the likelihood of finding collectors willing to pay what I value my art ($100/edition e.g.,) drops as people become accustomed to spending almost nothing. In web2, the expectation of the internet became that content should be free. I'm worried this 30 cent default will do the same to NFTs, making them a less sustainable medium as a whole. It's the difference between selling stickers and selling museum quality prints 🤷♂️ imo the contract ~should~ impact the value drastically
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Rakshita Philip
@awkquarian
This 👆🏼
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