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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
I want to better understand the new "First Minter Reward" on Zora. 1. Does this mean that the first person who mints an NFT built on a Zora contract gets ~14% of the mint fees, in perpetuity? 2. Is this meant to be a tool to Creators to incentivize a partner with some upside for vouching for and/or promoting a drop?
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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
^cc zora power users @0xen @ccarella.eth :)
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albi  pfp
albi
@albiverse
14% feels like a huge chunk, curious as well
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ChrisCoCreated ↑🎩 pfp
ChrisCoCreated ↑🎩
@chriscocreated
Been curious also, I don’t see how this doesn’t get boted. But if that is solved nothing stopping the creator doing first mint themselves.
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Leighton pfp
Leighton
@lay2000lbs
Also very confused
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Volky ✦⦿ pfp
Volky ✦⦿
@volky.eth
If #1 is true, we'll probably see all #1 mints being botted away. Unless this takes airdrops into account. Then, the creator can airdrop someone the first mint to give them some fees, if they want to pay back for inspiration or something. Anxious for Zora's response
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SAINTLESS pfp
SAINTLESS
@saintless.eth
would like to know as well
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SAINTLESS pfp
SAINTLESS
@saintless.eth
@jacob
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