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alex
@alexgrover.eth
hey friends - we just launched a new trading app for creators last week. Looking for feedback from photographers - is this something you would use?
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colfax
@clfx.eth
whats a notable differentiator from zora? considering launching a collection and am considering @yoyo-app
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alex
@alexgrover.eth
The high level difference, IMO, is that yoyo is built from the ground up to focus on trading: - Onchain media is always an ERC20. There is no minimum purchase size, and you can see prices and trade directly in your wallet, or on any other crypto product that supports tokens - We have a gentle bonding curve during the primary phase to incentivize early traders - The vast majority (98%) of buyer's money during primary goes towards liquidity, so collectors can buy larger amounts without high fees - Creator earns 10% of supply when secondary starts, so you benefit when the value of your work increases - Trading fees can be very lucrative since yoyo encourages higher trading volume We think yoyo is best for creators who want to see their work get traded! The goal is to bring a different (and hopefully fun) experience to NFTs for collectors lmk if that makes sense! happy to elaborate on anything or give you a walkthrough if you want 🙂
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colfax
@clfx.eth
sorry missed this noti. excellent, thanks for the breakdown. i think it's interesting for sure. im looking for new areas to release series of artworks in a more organized way since zora has shifted to a simpler social model. any general tips for me? seems pretty straightforward
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alex
@alexgrover.eth
any specific organization you’re looking for? we’re not as focused on that piece atm since there are solid existing tools like highlight and manifold
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colfax
@clfx.eth
ability to break out into collections
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alex
@alexgrover.eth
gotcha. yoyo does have collections!
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