crypto

I find the backlash to platforms experimenting with new ways for digital artists to earn money for their work to be fascinating.

If price per work is high, artists like it but the potential market of customers is significantly smaller, especially in a bear market.

If price per work is low, artists don't like it but the potential market of customers is significantly larger, even despite a bear market.

If 2021 NFT mania was an anomaly, then clearly the internet-native approach is lower price, larger market. But emotionally, that feels bad.

Wonder how you bridge that.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

I don’t think it’s a backlash. It’s just that content creators have seen a lot of schemes come and go. Many are holding lots of content and waiting for a sustainable way forward. 

Content discovery is critical. So far I have seen none, especially with coins. They end up in exchange and die.

If you were to develop the idea of creator coins tied to an identity, that is a step forward. We agree on that.

But move the needle substantially, we need an easy way for creators to attach metadata to their content that can get indexed. Something along the linesof schema.org.