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gill pfp
gill
@gill
Category: Art social network Project: @rodeodotclub Tags: consumer product, ux, art Notes: Thoughts on my first day of @rodeodotclub. They got many elements right. minting stuff is fun, cheap and good ux (on desktop, lacks on mobile). it all glues together for a smart and FUN dynamics where mints are virtually free (0.0001 eth or 7x lower than Zora), lasts for only a few hours, timeline well built and constantly pops up with your friends minting beautiful stuff, u'll just FOMO and tag along. For artists, great opportunity to gain volume and visibility. for collectors, cheap and fun way to support artists and hold beautiful shit on their wallets, and possibly get some upside on secondary.
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Eddie Wharton
@eddie
I haven’t made up mind yet. Nice ux and fun as a collector. For artists, idk if it’s a good deal. It’s so little money for adding a ton of supply. No clear visual distinctions from their fine art market. See this: https://x.com/0xsimonsays/status/1816536790603567360?s=46
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gill
@gill
yeah, fair concern. I can talk as an artist who doesn't have art as main source of income, but still concerned with pricing differently my serious projects (if there's a market for it). There are some factors that I guess might come in play if we see the product attracts good number of collectors.. volume and secondary mkt. Even though it's a .0001 price tag, it's feasible for a solid artist to get say 2500 mints a month. That's 0.25 eth, a considerable amount. top tier artists who still manage to sell bigger price tags could deploy side project/experimental pieces for this short period of time and possibly see some upside on secondary. I personally believe onchain art markets will only be sustainable on a super low price point + big volume dynamics from here on forward. I don't think we going back to the euphoria times where the average artist could sell 0.5eth pieces regularly. No wonder Foundation is pivoting.
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