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https://opensea.io/collection/zorbs-eth
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Coop
@coopahtroopa.eth
Tons of really healthy convo on the timeline about the new @zora model. Really enjoying the debate play out in real time between people like @zinger and @kyle (some of the best traders on FC) and creators like @jessepollak and @dwr.eth doing it for the love of the game. What's clear to me is that people who are super used to trading are highlighting the inability for most posts to reach sustainable market caps. Speculation will come way down in the short term as very little (if any) posts are able to hold above $1m cap UNLESS they are launched by highly prominent individuals. On the other side I've appreciated @jessepollak commentary that you have to launch a few coins for it to stick as a creator. You'll likely receive a token of backlash for the first few which requires a very specific type of creator to be tolerant of this behavior and want to keep minting their content. So it leaves us in this interesting middle ground where most coins are *not* meant to be speculated on.
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Stephen Oravec
@stephenoravec
I think it's fun. Spending 0.00001 ETH to collect some art. It's like collecting non-sport cards, or collecting commons. And if you REALLY like the art and want to support the creator and are able, you spend more ETH. 1 billion tokens with no expectation of utility means people aren't getting priced out in collecting. It can finally be about supporting the creator for posting a jpeg.
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