crypto

I find the backlash to platforms experimenting with new ways for digital artists to earn money for their work to be fascinating.

If price per work is high, artists like it but the potential market of customers is significantly smaller, especially in a bear market.

If price per work is low, artists don't like it but the potential market of customers is significantly larger, even despite a bear market.

If 2021 NFT mania was an anomaly, then clearly the internet-native approach is lower price, larger market. But emotionally, that feels bad.

Wonder how you bridge that.

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

the other issue is when the art/media becomes a coin, the “wen number go up” pressure begins — and most want nothing to do with that. (same during 2021 nft craziness)

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/

That would be great — but so far (and yes it’s day 1) it’s speculation as usual. Which for memecoins is the game; for art/media not necessarily. But hopefully it plays out as a way to support creators. Just not seeing the vision on this. 

(and just a note — was one of the biggest creators/collectors on Zora — loved the og platform)

What if the coin is ultimately viewed as a new way of supporting an artist and people don’t primarily focus on  number go up?