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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 1 reply
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In the model that I have my own work minted, I love the idea of someone who resonates with my artwork or even who might believe in me and wants to have it in their custody, so mints it, even at a very low price, they put some skin in the game and made the effort to collect. Equally, it baffles my mind everytime someone chooses to sell it for 5x which is a matter of cents at this point. That is their prerogative and a secondary is necessary, but this goes back to the original point made by @ted.
Erik, I agree that it would be nice to have more options as far as mint price, edition size, time available, etc. as well as see the creator take a larger percentage. 1 reply
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