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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SeeingBlue
@seeingblue
Some thoughts on a potential move to coins · 👓 🔵 1. Move would be directionally consistent with overall trend 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 3. Future possibility for author/creator to “boost” their coin with something similar to boost.xyz 4. Readers/collectors get lower price point and can collect a broader range of work (Seeing this happen on @zora) 5. Readers/collectors can adjust quantity based on their reaction to the work 6. Uptick in speculative interest, especially to be early 7. Viral price action, fueled by many potential catalysts, can attract more attention
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Reid DeRamus
@reidtandy
I think #2 is a great idea if the writer were to launch a coin - a great way to give back to the folks that have supported them along the way (if they want to!). A lot of the other activity could be valuable too, but still think we'd love to see more durable, non-speculative motivators be the driving force behind any commerce: patronage, self-expression, community, and utility, among other less-zero-sum, sustainable motivations.
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