new zora model is different from what we have seen so far and it causes disappointment

but imo it's the purest thing we had so far:

a picture has a marketcap

people will be mad that they can't profit off of someone's brand the way they could in the world where everyone is supposed to have max 1 token and they are supposed to promote it all the time

(btw it will be the same list of people who made money on $ANON while producing no work)

but the vibe will change once something organically goes to $1m

and then to $10m

and suddenly it will create a new tradable meta

and people will be able to trade it again

My loosely held opinion on Zora mints as coins until I see a shift. 

You are mixing two very different groups of people here with different agendas.

- The collector, enjoyor of art, NFTs, digital assets. 
Doesn't really care about the price, just wants to support the artist / poster and have something in their wallet.

- The coin trader
Goal is to profit, simple as. Doesn't care about the post, art or content. Just wants to max min and move on. 

These groups don't really mix that well. 

- You put off the collector because the asset they want to collect will probably go to zero from a higher price than usual. 

- You dilute the market with more coins, meaning less volume on each so the coin trader spends less time in the trade. 

Who benefits here is the creator (those with a big following, as they will attract volume + get fees) -- Which is good, I'm all about paying creators maximum value.

I think it's time to stop buying tokens on zora

People should focus on the product, not who released it. People used to think good people would seriously create products. Now people lower their iq to 50 and do crazy pvp on some garbage celebrity tokens.
As long as the art is reduced to a chart, we will see such a picture, when the value is lost, and the only thing in your mind is profit and waiting for the output liquidity after your entry.

sad to see this

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