Sjlver on Warpcast

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Sjlver pfp

What is the point of minting someone's work? (honest question) Minting seems to be a mix of bookmarking, sending money, and publicly liking something. Yet it's a strange bundle that does a mediocre job at each of these 🤔 Please help me make sense of web3 🙏🏼

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jacob pfp

Great question it leads to value being sent and created that otherwise wouldn’t have. So when you’re sending money as you say, it’s a context where you wouldn’t have done that otherwise. In return, you get an object back. It’s a memento that may also accrue value over time.

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Jonny Mack pfp

https://warpcast.com/nonlinear.eth/0x2d685034

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Liang @ degencast.wtf 🎩 pfp

Liang @ degencast.wtf 🎩

It's a "tip", where the receipt has a nice URL to a piece of media stored on the internet and also a lottery ticket.

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James McComish pfp

@jamesmccomish.eth

Why a mediocre job of those things? I generally mint articles on mirror as bookmarking / small support for the writer. I feel minting is better than just liking / sharing and I like that it’s tied to an address I do other things with (unlike if I subscribed with credit card for example)

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Aaron｜183Aaros.eth🔵🏴 pfp

Aaron｜183Aaros.eth🔵🏴

IMO (free) minting means a more natural way to data monetisation, data annotation, and data tracking

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kaitoren.eth pfp

I’ve always viewed NFTs as app data. The most common apps we use are wallets, marketplaces, and maybe for some people galleries. Maybe you like seeing your collection in Rainbow, or maybe you like trying to make money on OpenSea. This is not sustainable. Minting someone’s work makes sense if there’s an app you can use it in, and my argument to date has been we’ve been building backwards. Everyone’s creating random data first, collecting money, and then hoping apps just magically appear. That well has run dry. Look how many artists in web3 complain about unsold work. I argue if you build the app first the collecting/minting will come naturally. I am currently building such an app I hope others look to for inspiration. Moshicam has more creators than collectors. TheGrid.eth is a collaborative photo grid that lets people use their collected photos.

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Cloudy ↑🎩🔮🧀🍄↑ pfp

Cloudy ↑🎩🔮🧀🍄↑

I would draw attention first of all to the fact that this is an object of the digital world. You don't ask yourself what the point of paper is, right? Exactly the same here, it's just not very clear yet. If we talk about options for why exactly NFT, and not JPG, then direct property rights based on the fact of ownership and the impossibility of counterfeiting, the ability to make NFT programmable and much more.

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adnum pfp

I see it as a reward for a creator. Some time ago we used to buy albums, art, comics... some of the proceeds went to the creator. Now almost the entire sum reaches the creator of it. Its a win / win contract. You get a piece of art to display or listen end the creator gets his reward for the work he put in to create it. With the added ability to verify for authenticity which could not be done before and we needed "experts" to notarise the authenticity.

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𒂠_𒍣𒅀_𒊑 pfp

𒂠_𒍣𒅀_𒊑

this seems fine to me. what's (sometimes) mediocre is the backend expressing this one gesture shared across all three practices. a collection page can be a bookmark page, patron's CV, and a embedded media feed simultaneously. really depends on the frontend that's expressing what's already more straightforward onchain.

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d_ttang pfp

Good creators should be rewarded

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Bunglon✨ pfp

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Ayylulu330 pfp

https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0x9080186eedc4a0081cA91df2fbc9482279A3564c Mint my new born please it. Like be your first

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Mark Knol pfp

Mediocre; What would be a better alternative?

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