Deployer
@deployer
I've seen mixed reactions to Zora combining pictures and tokens. I could be wrong but this feels ... right. It's fascinating. Its like fractionalizing NFTs without having to fractionalize a thing. You can own a lot or you can own a little. You can flex being the biggest holder, or you can just support your favorite artist with $5. The only thing that separates this from existing 1/1s or open editions is how platforms display them. By owning any amount of these tokens you own "the picture". The amount you put in is up to you. I get the sense artists hate this because it further pushes art into some kind of financial asset, but this is fascinating and I hope more artists use it and it catches on. NFTs were always financial. Artists wanted a new way to monetize their work. They required a mental leap to embrace a new concept of ownership. Seems like that is also the case here. This solves the royalty debate. I assume the artist earns fees on every swap.
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0xen 🎩
@0xen
main 'problem' i see is that fractions are basically infinite so you can still own the picture even if you buy .00000000000001 of the coin.
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Bixby Snyder 🎩
@bixbysnyder.eth
I agree. This needs to be a monthly drip payment to continue to hold or it’s going to drop NFT prices on @zora to zero. They already pissed off the fan base once and alienated a lot of people. Let’s see if this pushes real artists further away.
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