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ted (not lasso)
@ted
genuine question*: for artists who don’t like the new 30 cent default that some platforms now use, what’s stopping you from using a platform that allows you to set your own price or a higher default? what do you take into consideration when choosing a home for your art? *all my questions are genuine lol
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Max Jackson
@mxjxn.eth
What frustrates me about Zora is that they didnt just change the free mint price to 30 cents but that they took away our ability to set our own price and the ability to limit the number of editions. Artists were getting their bills paid on Zora previously. I am not so sure its possible now. I have fewer complaints about Rodeo because they brand it specifically as a social app for sharing WIPs and the like. What frustrates me about the shift is they are not building any bridges between social collecting and patronage (buying 1/1s or fairly priced editions). It feels as though they gave up on digital art having value, and are asking everyone to give up with them.
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Steen!!!
@usersteen.eth
it's more possible now; having multiple liquid secondary markets active at a given time is a huge difference. caveat is behaviors are glued to minting 1 edition, in part enforced by the mobile app's double tap to mint. collectors can actually make money now but it's not clicked. will only take a few examples to prove the concept, but will take some time
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Max Jackson
@mxjxn.eth
I'm open to exploring this and being proven wrong but as I see it, most of Zora's userbase was not previously there to speculate. They were enthusiasts and art lovers. So the shift to a speculative mint market doesnt make sense to me.
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Sunny
@sunnysangwan
I resonate with what @usersteen.eth has said. A liquid secondary is the hallmark of a healthy ecosystem. And when the secondary starts low, it can grow much more robustly organically as opposed to big speculative jumps that often times leave the art worthless when after the dumps. It will definitely take time as the true art market is not big enough at the moment.
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Max Jackson
@mxjxn.eth
I agree with that, Its just rough for artists to take a 2/3 cut to their per mint revenue and leave them with no choice but to sell fee only. I liked the flexibility. It'll take time adjusting to the new fungible form for creators and collectors.
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