Zora

So like… I was trying to be open minded about the new /zora contracts… but it’s just not making sense to me. 

After 200 mints a 24hr countdown begins to close the mint. 

But mint fees are only .30cents now.. so 111 mints is like minting 11 before.. 

So I mint 111 and a friend mints 111 and now it closes in 24 hrs? FML… 

make that make sense please. 

And if not, what platform am I pivoting to? 

Artistprogram was kinda F’d by this update also… proves once again to me you can’t rely on anyone’s tech for your own projects. Which is sad.

Nouns, Lil Nouns, bitNouns ⌐◨-◨ Currently building @artistprogram_ 
 and nouns.world Linktr.ee/mikeg.studio

Everyone was all hyped the mint fee dropped to 0.000111 but I don’t think anyone realized that would mean creator rewards would also get slashed to 10% of what they were before. 

The no more OE things is ridiculous as well. Zora has been great over the last while and I was pushing some artists to use it but I’ve been looking for other platforms too. Most upgrades to the protocol recently has meant downgrades for creators

As an artist, (may be a hot take?) idgaf about a secondary market on my work. I purposely do things to put out as free open editions and I’d rather have the maximum amount of people be able to collect/afford my art while I’m growing and learning. Not everything needs to be financialized or incentivized.

Yea, both changes make no sense.. but they could have still left the option for OE, timed editions, etc.. This whole secondary market place just seems like a big L in the long run. Im not trading .30 cent memes tbh... no ones trading nfts rn.. Felt better to support creators and keep rewards boosted a 'bit' more.. $3 for a mint wasn't bad, imo.