usersteen.eth

yall realize if you like something on zora and you mint multiple editions you can sell some later and actually profit off having contributed to the token's distribution right?

It’s nice to be able to recoup the cost of minting but there still needs to be demand on the secondary market for that to be a viable long term solution. Hyperminting copious amounts of NFTs doesn’t seem like a reliable mechanism for scarcity, which is at the heart of what makes something collectible/desirable.

Interesting perspective. As someone who is a physical-native when it comes to collecting, perhaps I’m in the former camp you described. It’s hard for me (even as a 10+ year crypto guy) to grasp. Most of my NFT collection are 1/1s or 1/1/x editions. I haven’t been able to wrap my head around the turbo-minting thing. 

However, you’ve def given me something to consider. 

Lmk if you ever want to do a Tavern/Spaces/Farhouse on this topic.

scarcity is not just enforced by quantity but price. this holds truer in a digital context. there's a massive misunderstanding of digital scarcity, in part due to the super rare meta. this still has power over creators who come from a physical/traditional background. 

digital assets will not accrue value for the vast majority of creators with scarce portfolios. perhaps for those with massive existing audiences, but these are the outliers. mints = attention = value = demand = higher prices = scarcity. i want to get in as many wallets as possible, that's my singular goal. there are no network effects otherwise.