Deployer pfp
Deployer
@deployer
I've seen mixed reactions to Zora combining pictures and tokens. I could be wrong but this feels ... right. It's fascinating. Its like fractionalizing NFTs without having to fractionalize a thing. You can own a lot or you can own a little. You can flex being the biggest holder, or you can just support your favorite artist with $5. The only thing that separates this from existing 1/1s or open editions is how platforms display them. By owning any amount of these tokens you own "the picture". The amount you put in is up to you. I get the sense artists hate this because it further pushes art into some kind of financial asset, but this is fascinating and I hope more artists use it and it catches on. NFTs were always financial. Artists wanted a new way to monetize their work. They required a mental leap to embrace a new concept of ownership. Seems like that is also the case here. This solves the royalty debate. I assume the artist earns fees on every swap.
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concernor.eth pfp
concernor.eth
@concernor
i kinda agree, it is definitely an interesting development and it provides a lot of opportunities for sustainability, especially if its integrated with defi. one part that people don't really catch is that it can also serve as an oracle for popularity of certain art/creation over time, this mechanism can be used for creating feeds ...etc. in a more crypto native way. if such thing happens, it also somewhat distrupts the ads business cuz creator can just buy and pump his own post so it is ranked higher on the feed/leaderboard. and as people opt in, slowly cashes out getting his "ad" money back while reaching more people. or the price action can sort of measure the popularity of a meme/art/article/song ...etc. over time because degens will speculate... there is definitely room for FAFO and innovation there. very interested to see how it works out. already started playing around.
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