Reid DeRamus
@reidtandy
How can we help writers earn meaningful, reliable income? Open edition NFTs haven’t quite gotten us there, so we have to find a better solution. We wrote a couple posts on why we think coins may be a better model (part 1 below) — we'd love to hear what you think. https://paragraph.com/@reidtandy/rethinking-how-writers-get-paid
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naaate
@naaate
My suggestion: - 1 coin, representing all the writer's paragraph posts on that blog. - Keep the open editions for each post. - Build in mutual benefit both ways, between the two types of tokens. (If many open editions get minted, coin-holders also benefit. If coin price goes up, open-edition holders also benefit) This way people can buy what they like (open edition or coin), and each benefit from the success of both. And the artist can benefit from both open edition sales and LP positions on the coin.
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Reid DeRamus
@reidtandy
Super interesting... I love the idea of a coin at the writer / publication level. Also love the idea of having some kind of tie-in w/ coins *and* NFTs (though I was thinking limited-edition NFTs for signaling & self-expression, which coins don't do as well off-the-shelf). Thank you for the idea & feedback!
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SeeingBlue
@seeingblue
Like this one! And would work with this theme · 👓 🔵 2. Author/creator gets immediate supply of their work, which they can use in many different ways: · Airdrops to original collectors and/or loyal follwers · Promotions to Introduce new readers to their writing · Trading with other authors/creators
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naaate
@naaate
Also could be cool for the launch of it, to get a bunch of writers to airdrop a % of their blog-coin to all the collectors of their writing so far.
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