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Kaloh
@kaloh
Gm ☕️ Today I’m writing about the @fxhash airdrop and artist token: $fxh Is there anything confusing about it? Let me know 👇
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Marcelo Terça-Nada 💎🎩✨
@marcelonada
I believe that Fxhash's decision to create a token and launch a token release platform for artists is a bold and courageous decision. I wanted to understand how this system could be interesting for mid-sized artists. My fear is that liquidity will once again be concentrated in the big names. I also wanted to understand how this model proposed by FX is similar to and different from Moxie's FanTokens.
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Kaloh
@kaloh
Liquidity for sure will be on top names, smaller artists will need to work their way up I guess the difference with moxie is that there will be a focus on gen art and collectors
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Marcelo Terça-Nada 💎🎩✨
@marcelonada
So they are launching a new project to repeat what already happens on the platform today (and which was pointed out by the ciphrd as one of the biggest problems in the genart market)? What is the point of doing this?
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Kaloh
@kaloh
Well there is no easy solution for helping small artists Specially when even top names are having problems This is an experiment imo and also drives on what’s hot today in the crypto markets which is token launchpads Also, small medium artists and collectors get the airdrop which could be a few dollars to thousands depending on your involvement so they are indeed pushing the community upwards
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