Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp | getting paid to post with @ampsfun

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.

🎯🔥

strapping a billion token supply to everything doesn't make it better

onchain art makes the most sense as single or limited supply NFTs

we don't have to pivot everything because the trend of the moment is pumping coins

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

This whole "everything needs to be a coin" concept is starting to get annoying