Base

Onchain social in 2024:

1) I mint something for super cheap (0.0001 ETH)
2) My mint goes into a social feed of people who follow me on FC
3) I earn a referral when they mint it
4) I make more money from referrals than what it cost me to mint it

This is the viral design loop to solve with Daily Active Minters.

Onchain is the new online - FID 206 -  cooprecords.xyz

The thing is … that minting experience makes sense with very limited amount of things 

I keep thinking about it more and more that minting music 🎶 has potential future value cos you own your music and there’s assumption you listen to your music.

These conditions are not true for majority of other things, including art, writing, etc. and it just clutters your wallet 🤷‍♂️

BrightFutureGuy -> writing /buildbetter; showcasing🎙️builders /web3magic and artists /artistspotlight; Built&Sold companies; IRL GTM 📈 https://nf.td/bfg

/cal 

Photographer, Artist, Web3 Educator, IP Lawyer, Patent Agent, Explorer 📸⛰️✨ 

 Building /flowcast with /mindfulness 🌊

https://wanderloots.com/links

I actually don't think the price is the factor ... it's more the question of WHY? 

Why would you mint that? I mean, we don't go to Dollar store to buy stuff we don't need just because it's cheap 😇 it just clutters the wallet if it's not bought on purpose or used regularly later. 

I mean it's just my feeling that this hoarding of NFTs is not long-term strategy that makes sense unless you're looking at them and hence you want to own them. Same with music, movies, etc. 🫣 

what do you think?

Wouldn’t this still apply for low priced art? (Aka zora style minting)

If you automatically share mints with others and you earn 20% from the mint, it doesn’t take long to recoup your initial purchase and perhaps earn even more from you being an early minter that promoted the piece