teddit

strong opinion, somewhat strongly held:

creatives don't want to create for "content traders"

the word "trader" is inherently transactional — someone primarily seeking profit, optimizing for price movement without emotional or philosophical attachment to the asset itself

idk a single creative who seeks that out

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud”

yeah this is on point.

that's one of the issues moving from NFTs (1-1, unique) to abundance (first with high editions numbers, open editions) and now with coins (1B supply). 

No "artist" is interested in this

I am interested in this because coins could be a good distribution mechanism for my written content-podcast (to reach more people), but not for artist or creatives that don't care about distribution I don't think so

Crypto culture and markets | Newsletter & podcast: https://www.kaloh.xyz | Working on https://www.indexy.xyz

🎯

the key for creators is choice, and to say that choice isn’t scalable is fundamentally wrong imo - platforms can have defaults AND choice, i don’t think pigeon holing creators into “this is just the way it is” will work long term

agree w this as a newer photographer putting photos onchain

the incentives would need to materially greater for me to want to participate fully in a “coin” based art system, time will tell if they are, guess it depends where the collectors go - anything possible as to where best distribution is longterm

even as a collector, i want to own the photo/art itself versus owning a fractional coin that represents it, personal preference

ultimately the goal is to find the ppl who value my art and want to collect it, not trade it actively, i want to establish connection w these ppl on fc even if small

as of now, would prefer time based mints where ppl own the actual photo itself, or even open editions, preferably the creator gets to choose number available, time, etc

lastly, i’m not sure the exact earnings splits rn across each platform but i believe they’re still fairly high. obv improvement over trad social, but i imagine these will continue to come down so more of the value accrues to the creator

investor, photographer, nomad, exploring onchain & exploring the 🌎 /positivesum

more thoughts

https://warpcast.com/eriks/0x6f6972de