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https://opensea.io/collection/zorbs-eth
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ilemi
@ilemi
Zora launched ERC1155 -> ERC20 mints yesterday, where certain NFTs can have a timed open mint and then trade on a Uniswap pool after. But is it working? I whipped up a quick dash to take a look at mint versus secondary behaviors 👀
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ilemi
@ilemi
The core thesis is that when memes "take off" there currently lacks liquidity/volume because NFT marketplaces are broken. But Uniswap/memecoin trading always works, and may be a better market value fit.
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ilemi
@ilemi
Taking a look at some of the top collections from yesterday, and you can see the thesis somewhat playing out! Some collections have much higher secondary volume than mint volume, but some don't. It's an interesting way to approximate velocity of a meme.
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ilemi
@ilemi
Whereas pumpdotfun pools have to compete to hit "liquidity", every zora mint ends up in a pool. The dynamics of meme competition are different here, and it will be interesting to see how it gets adopted.
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ilemi
@ilemi
Dashboard linked below for viewing, called it zora extensions since I think I came out with this before official product naming or docs from the zora team lmao https://dune.com/ilemi/zora-extensions
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nuconomy.⌐◨-◨
@nuconomy.eth
Is it possible to add a colum that tracks royalties paid to creator?
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