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Sound of Fractures
@soundoffractures
When did we convince ourselves that 0.01 Eth was a crazy amount of money? It’s £20/25 - to buy a pice of art/song or support an artist Is it because we have moved away from art, to content? Did we go from adding value to devaluing too quick? Did we shift from a better version of what exists to another version? The next year is going to be a ride while we work it all out.
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pastel ← leo ꓽꓽ)
@leopastel
it’s a weird thing that sentiment is the only thing driving price. if the group collectively decides that $20 is too much it becomes a self-fulfilling prophesy but seems like the artists are slowlyyy coming to the realization that this is all arbitrary and we can truly create our own value
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Sound of Fractures
@soundoffractures
Yea I agree , artists are finding their autonomy again People got caught up in a narrative wave that was designed to bring in more user numbers rather then intentionally shift value of art, but they are unavoidably inter-related at times
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Andrew
@music2work2
I think we'll see what happened with substack and writers appear in some form with music - the "1,000 true Fans" model has been kicking around for almost 2 decades now but the blockchain is - imo - the missing piece. I've always been bummed that the value of music went close to zero and value went to planet damaging merch and "luxury" purchases. If I have a few thousand minting a track at 30 cents, if I'm releasing a track a month that's $7.2k a year - not enough to live in LA but for sure down in South America. Add the ability to deliver higher margin tracks and access - the middle class musician/ artist should be on its way back ;-p
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