Steen!!!
@usersteen.eth
Individuals burning supply of tokens they believe in feels very art
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alex
@proxystudio.eth
very enjoy coded
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Steen!!!
@usersteen.eth
would love to jam on tokenomics with you. have been musing on what an "artcoin" actually looks like
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alex
@proxystudio.eth
love very down, we're using the most dead simple implementation right now. I'd like to get more funky with it and advance as we build. feel free to share thoughts in a doc and I'll add to it!
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Steen!!!
@usersteen.eth
sounds great. a lot of the exploration has been on the sales side, but i do think it would be more elegant if implemented on the contract mechanics. sent you a couple thoughts via dm. idk if the assumption is 20 is the best core tech, but it seems more and more likely. things an artcoin should probably include philosophically: -scarcity -earliness -price discovery -tradeoffs that favor long-term vs short-term
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alex
@proxystudio.eth
my view has always been "there is no best tech, theres just the tech you choose, or the market chooses for you" primary benefit of an artcoin is the liquid, speculative market is free to price the art & the artist according to demand, narrative and the art can just be art. I'm sure as one rises, the market will reprice another I've also never loved a purity approach with tokenization - the coin is just a coin, the meme is just a meme, the provenance binds them.
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