some thoughts
for many types of content, it makes sense to auto have a coin or mass abundance, 100 pennies still = $1
however, bucketing artists in “coining everything” feels off - i am no expert, but art has been around for millennia and it’s often valued based on scarcity, emotion, feel
i don’t believe abundance and scarcity are mutually exclusive in this new world, both should exist onchain for various purposes
global liquidity benefits 1/1s, open editions, and coins
ALL of these are ownership breakthroughs, not just coins
1/1 ~= art in an exhibition/museum
open edition ~= postcards/stamps (ht @wanderloots.eth)
coin ~= fractionalized representation of content
my whole point is to say there isn’t one “right” way - and i don’t think we as a collective whole should push for a certain way over another, the goal is choice/freedom
a tiktok video? prob great as a coin!
art/photography? i personally lean towards editions or 1/1
the key is choice where the main onchain distribution lives 12 replies
6 recasts
37 reactions
1 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction