Apex777
@apex777.eth
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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max 🎩🚂
@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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Apex777
@apex777.eth
Yes, this is a good point. The collector can buy any amount - and still have it I guess. Didn't think of this. 77 $DEGEN
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