ted (not lasso) on Warpcast

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ted (not lasso) pfp

ted (not lasso)

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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Lauren McDonagh-Pereira pfp

Lauren McDonagh-Pereira

@lampphotography

So unfortunately, over the years I have found that you only make sales on whichever platform is trending at the moment. People got super excited about OpenSea then foundation then Exchange Art then Objkt then Revel then.... on and on. Typically, when a new platform starts trending there is a mass abandonment of the previous trending platform. So while there is nothing stopping me from listing a 1 of 1 for 1 ETH on Foundation like its early 2022, it is extremely unlikely that it will ever sell, or that anyone will ever click the link. Further, the more it is engrained in the culture that $0.30 is the "correct" price for an NFT, the harder it is for more elite artists to justify their higher NFT prices that better match their IRL gallery prices.

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Callum Wanderloots ✨ pfp

Callum Wanderloots ✨

@wanderloots.eth

I think it's less about what is stopping me from using other platforms, and more about how the current meta impacts the valuation of art as a whole. E.g., I might take 1-5 astro photos a year that cost me $1000+ & 100s of hours to achieve. If I sell that piece for $0.30, it requires a very large volume to break even on the cost of the photo, whereas selling a limited edition series of 10 pieces for $100 each is much more likely to be "worth it" However, if the public opinion is that art is now worth $0.30, the likelihood of finding collectors willing to pay what I value my art ($100/edition e.g.,) drops as people become accustomed to spending almost nothing. In web2, the expectation of the internet became that content should be free. I'm worried this 30 cent default will do the same to NFTs, making them a less sustainable medium as a whole. It's the difference between selling stickers and selling museum quality prints 🤷‍♂️ imo the contract ~should~ impact the value drastically

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Renée Campbell 🎩 pfp

Renée Campbell 🎩

This is such a big topic that I can’t do justice to in a comment but I’ll say a few quick things. I’ve seen some people praising the new 30 cent mints but I don’t see how 99% of artists will make money with it. I’m using it as a way to stretch my art legs, not sell my favourite pieces. As for minting my work at the price I want, I haven’t minted in that way for a while but I’d possibly lean to manifold for that so I’m in control unless a platform was truly going to help me promote but they usually only do that for a day or two if you’re lucky. Thing is unless you’re an artist that’s being pumped up by some important people you don’t really sell much. People buy what is perceived to be of value, if no one says your work is valuable, the majority of people will ignore. I hate this but it’s the reality. Quality often gets ignored.

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Rakshita Philip pfp

Rakshita Philip

@awkquarian.eth

I do use platforms that promote cheaper mints for growing my audience but I sell my comics through my own platform. It’s not perfect, especially since I’m not a developer and we’re bootstrapped but I’ve done my best with it and will continue to improve over time. But, building it was costly, and I know that’s not something every artist can afford. Other platforms that allow for higher priced mints don’t have many active collectors or significant volume at the moment, so making sales would be challenging regardless. At least with my own platform, I will still have more control and flexibility. Hope that answers your question a little bit.

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ns pfp

Discussed this at length yesterday with @usersteen.eth among others on Spaces. Towards the end some of the artists levy their opinions on exactly what you just asked. Was a great chat if you have time to listen. https://x.com/nicky_sap/status/1828839743850947041?s=46

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Need more benefactors acting as megaphones in the art space. Pre sell a portion of a collection before launching publicly. https://warpcast.com/brixbounty/0xe1050a63

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Jacque(she|her).⌐◨-◨ pfp

Jacque(she|her).⌐◨-◨

Double-edged sword, I can collect my friend's art and they can mine. It’s not a way to get by tho. I and others have worked to make frames with devs help to at least get a bit more value for it, yet even with takinh power and ownership with API now to even pay it forward to others we have to pick our battles and lock it in FanTokens in the network so then our cohorts and friends can benefit from us too.

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@miguelgarest.eth

I'm rather curious on why you ask? are you building a new platform 👀

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base pfp

I am not sure that everyone can do this but I've created my own contracts and now I set the mint and the mechanisms. Minting in Warpcast frames is game changer in my opinion...it's been built and hopefully they come... I set the cost to mint, gas is SOOO cheap on @base and none of that "free to mint" which actually costs something and the fees dont go anywhere else... here is one example: https://gobase.wtf/m/basehearts/

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Max Jackson pfp

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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Angelika Kollin

@angelikakollin

I am by choice ONLY on platforms where I can set my prices. I have very mixed feelings about current (not even 30) 13 cents earning movement. Obviously artists are doing it voluntarily, many under premise of finding new collectors. To your question - I take in consideration the way the platform is presented, presence of serious collectors, and of course freedom for me as an artist to set all my conditions (price, editions, royalties etc)

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Trebor🎩🟡 pfp

Probably distribution But also “everyone is doing this, so thats what i need to do as well” I still believe the good formula for artists is to sell multiple editions on Zora/rodeo which can give you better distribution, build an audience and then start selling 1/1s on other platforms

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Alien Honey👽🖤 pfp

Alien Honey👽🖤

@juliakponsford

This is doing to be a depressing answer 😭 IMO most artists are doing both but aren't selling much these days. Posting on free / almost free mint sites will generate some mints and give that dopamine hit of getting a sale (minus the 💰) .

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Cake One 🎩🔵🎭🔴 pfp

Cake One 🎩🔵🎭🔴

@theonlycakeone

I sell Art on other platforms on my own CakeOne smart contracts. I don’t want my previous collectors who valued my worked and supported me with real money to feel I’m doing the exact same thing for free now. So I created other smart contract for free mints and low value fun stuff. And created totally different pieces on different media. I separated the 2 activities. Totally. Not sure than answers your question. 😅

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Hopi🎩🍖🎭🔵Ⓜ️ pfp

Hopi🎩🍖🎭🔵Ⓜ️

Thanks for your question, as I'm insanely interested in reading the answers to this question too, but I would never have gotten so many helpful cool answers written to me lol. And in general as an artist, I just keep being in this space and creating art. I think in the end art will still be worth something just the form of its appreciation will change. So all that's left for me to do is improve and share art where I can.

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Freytrades🎩📈 pfp

Freytrades🎩📈

mainly the audience/community and visibility, i place more value in the connections and feedback i’ve already established, and most times these platforms offer more exposure even though the price isn’t ideal and also we can’t forget about the convenience of it .

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Eren🎩 pfp

I’ve never chosen home for my arts I just make them and post on here for people to see, which platform would you recommend for me

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desjardins ✻🤍🫧 pfp

desjardins ✻🤍🫧

the integrity and professionalism of the platform, and whether it genuinely cares about its artists. That is harder to determine that when it’s not a irl gallery as motives can be harder to discern. Price percentage choices are a factor in both of those qualities I’ve named. The artists have to be willing to care about the success of the platform or gallery too.

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kimken Ⓜ️🧐 pfp

kimken Ⓜ️🧐

Meaningful questions

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