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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)
@tldr
^cc zora power users @0xen @ccarella.eth :)
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albi is /nervous
@albiverse
14% feels like a huge chunk, curious as well
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SAINTLESS
@saintless.eth
@jacob
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SAINTLESS
@saintless.eth
would like to know as well
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Leighton
@lay2000lbs
Also very confused
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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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