if we believe in an onchain future where things are tokenized, we need to tokenize more things.

some thoughts

for many types of content, it makes sense to auto have a coin or mass abundance, 100 pennies still = $1

however, bucketing artists in “coining everything” feels off - i am no expert, but art has been around for millennia and it’s often valued based on scarcity, emotion, feel

i don’t believe abundance and scarcity are mutually exclusive in this new world, both should exist onchain for various purposes

global liquidity benefits 1/1s, open editions, and coins

ALL of these are ownership breakthroughs, not just coins

1/1 ~= art in an exhibition/museum

open edition ~= postcards/stamps (ht @wanderloots.eth)

coin ~= fractionalized representation of content

my whole point is to say there isn’t one “right” way - and i don’t think we as a collective whole should push for a certain way over another, the goal is choice/freedom

a tiktok video? prob great as a coin!
art/photography? i personally lean towards editions or 1/1

the key is choice where the main onchain distribution lives

i think it all comes down to the positioning - i don’t like “coin everything” on the art side, but i like it on the “support this person who posted something thoughtful” side

these are fundamentally different imo, but are kinda being talked about in tandem

shared more here from personal standpoint as a photographer:

i think it all comes down to the positioning - i don’t like “coin everything” on the art side, but i like it on the “support this person who posted something thoughtful” side

these are fundamentally different imo, but are kinda being talked about in tandem

shared more here from personal standpoint as a photographer: https://warpcast.com/eriks/0x695f25e2