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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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