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Noun 40
@noun40
zora’s “spark” unit is starting to grow on me. 1 spark being one millionth of 1 eth. we have gwei but that’s one billionth of an eth and that’s just too small. 111 sparks (price of 1 mint) is around 30 cents right now. 1 spark is around a quarter of a cent. i feel like there’s a decent chance this sticks https://zora.co/writings/sparks
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mike good ⌐◨-◨
@mikegood
I think they lowered the fee too much tbh.. most creators feel the same.. while people who post random photos for their friend to mint are okay with it, sure.. but the whole cap on number of mints, cost, etc.. not great for creators and artists who now get like 3 cents per mint instead of 30 cents. The low earning feels masked by the sparks being inflated just to cover up how little creators make on zora now compared to a few months ago before they forced the change to their contracts on us all 🤷♂️😬
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JB Rubinovitz ⌐◨-◨
@rubinovitz
Does this quantity select sheet seem like it will help? Trying to figure out if we should implement it in our app
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JB Rubinovitz ⌐◨-◨
@rubinovitz
Or would you just rather do a $3 or choose your own price mint?
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mike good ⌐◨-◨
@mikegood
i don't think the masses naturally gravitate to minting more bc its cheaper (i could be wrong).. but especially now as cost is masked with sparks ... I'd personally rather they had just left it at like $3 a mint, in eth.. felt okay to pay this for a piece of art, vs needing to mint 11 or 111 to support an artist.. Other things that changed; No OE or even timed editions anymore for free eth mints - Like.., why?
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JB Rubinovitz ⌐◨-◨
@rubinovitz
I’m assuming it’s because Zora is optimizing for the broader use case of likes as mints for their Instagram clone right now. I’m working on an app specifically for Nouns patronage and we can set the price options to whatever Nouners want so your feedback is helpful. Should be shipping mint a cast with optional nouns royalty/ provenance shortly. Should also hit the broader Zora feed. https://warpcast.com/rubinovitz/0xb4d905d9
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mike good ⌐◨-◨
@mikegood
cant wait! <3
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