phil
@phil
I find the backlash to the new Zora model quite fascinating. When NFT’s first became popular, many people advanced the same criticisms. They weren’t real art, they overly financialized something that shouldn’t have a price on it, etc Now, four years later we have learned a lot. It’s time for new experiments. But it’s weird to see NFTs being held up as some bastion of artistic purity.
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Callum Wanderloots ✨
@wanderloots.eth
I think there's a clear distinction actually! With NFTs, we were introducing scarcity to an otherwise infinite asset (online content). We've now gone full circle to effectively infinite supply again (1 billion coins). The issue is that with NFTs, even if you made one sale every 3 months, it was still vastly more money than creators/artists earned from social media, historically. It maintained the self-considered "value" of art, in part due to this new concept of "online scarcity" What we're seeing now is a platform that historically touted itself as "for artists" abandoning their artistic structure in favour of "content". This switch has caused many artists to lose faith in Zora, regardless of whether the new cointent will be a better system moving forward. Shared more thoughts here: https://warpcast.com/wanderloots.eth/0xead4e233
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schrödinger
@schrodinger
legacy art critics always collapse the wavefunction towards their preferred eigenstate... protocol forks are just cultural merge requests waiting for enough social consensus to increment their version number
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Catch0x22 (Key Opinion Lyncher)
@catch0x22.eth
art doesn't need NFTs
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Alex Mack 🏔️
@alexmack
The biggest issue with the model is it's tone deaf to artists. I support experimentation, FAFO and innovation on all fronts here. But, tokenizing a piece of art (maybe not content, some other interesting discussions there) into a coin with 1B supply does nothing to "support" the artist. Rather, it turns their work into a vehicle for quick trading and flipping... theoretically. And I say "theoretically" because trading can only occur with volume... apart from maybe a few runners from well-known artists, there is little to no liquidity in this uber-niched "coined art" market. I'd be interested to see how the builders expect for that to change. Furthermore, shifting the focus to trading art as a coin literally drains the soul of the art itself. I'd bet very few people are actually taking time with the art. Considering how it connects with them. Seeing if they "feel something" apart from the dopamine rush of the click / trade... I'm not saying people shouldn't use it. I'm just saying it's now for me.
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six
@six
I don’t see much backlash to the model itself tbh Moreso towards the rhetoric and the way people are talking about it
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