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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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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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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Angelika Kollin pfp

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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tiny pfp

hardly anyone is buying art right now, so it doesn't really matter what price you set or what platform you use. at least this way you can grow your audience. i am saying that as someone who is not a huge fan of this meta, but anyway, i'm participating because i feel like it would only hurt me not to.

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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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🎀 benna 🎀🎩 pfp

🎀 benna 🎀🎩

i've seen several artists state that they are considering minting with their own smart contracts on Manifold. It's not a bad idea, but often requires an existing (and large) audience to guarantee consistent sales. my gut feeling says that now that art has been made 'cheaper' by this 30 cent model, collectors are disincentivised to use more exclusive art platforms such as SuperRare, Foundation, etc. Would love to see some stats on the current number of visits / transactions on Foundation, SuperRare and other major art marketplaces these days tho. Web3 is so entrenched in whatever the current ~meta~ is that many artists have to ride the wave of what's trending to earn some money. rn that seems to be Zora and Rodeo, but if you don't go viral on any of these platforms (most don't), you're making peanuts. (as a side note I have so much fun with both Rodeo and Zora and love collecting on both platforms... but earning has become a struggle on there).

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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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Arjan | That Poetry Guy pfp

Arjan | That Poetry Guy

@sunnysangwan, @angelikakollin @angadbsodhi @ashwini I think you might have something to add here? @papa maybe as well?

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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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Anemale🎩↑🔵 pfp

Anemale🎩↑🔵

I chose to go on Hypersub because I have a real relationship with my collectors in group chat . I can communicate with them more quickly and drop works directly into their wallets for 0.005 ETH per month. I think that's sufficient, and if we have even more people, then we will go even higher together. It would be a pleasure to see you among us. I drop a piece from my collection, Symbolic Citees 🌇, every month, and you participate in a raffle for 1/1 works every month. https://www.hypersub.xyz/s/dimensional-program-mvocixtfwv0g

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Arjan | That Poetry Guy pfp

Arjan | That Poetry Guy

Good question. I'm still on the fence, to be honest. I moved to Zora as my main platform, because of the protocol reward system they introduced. Still love how, in my mind, they pioneered that, made it a thing and changed the perception that art (and other content) is free. Even with their small mint fee, the idea of free was changed. That meant a lot for artists. As a poet who is bad at marketing, I'm not selling much. The new meta of 30 cent mints is, at first, not so good for me. I don't get 10 x as many mints if the price of my work is 10 x lower. Still, it's still the same: there's a direct exchange of value. So, I support that and realise I should get better at marketing. Also, we're really at the frontier with this stuff. It's all new. If we don't experiment and iterate, it won't work anyway. So, I try to play along and see where it leads me. So far, that is in any case infinitely better than I have ever achieved on Web2 (and I joined that early, too).

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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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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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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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Ohnahji🎓 pfp

https://foundation.app/mint/eth/0xefD97732F685F879645131eF72F51c391e8D0e45/1

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Brian Morris pfp

@brianmorris.eth

I think about how it’s perceived when in the context of the platform. Presently I’m only comfortable with using manifold and listing the work on my own site. Other solutions have proven to change to suit the trend, please VCs, tried to out compete the market (race to zero), or rugged due to lack of attention and or path to revenue. Art on the blockchain deserves better than the solutions presented.

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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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Han pfp

Nothing I am doing it, check it out https://art.han.io/artpiece/rebirth 420 $DEGEN

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