Cryptoart

Collectors are willing to pay 3$ to mint your art but you only get 1$ from it

I’ve “sold” more than 1k pieces on Zora. 
People spent 3000$ but i didnt even earn half of it..

Isnt the blockchain supposed to get rid of the middle man..?

Community builder, art lover, meme maxi, weed enthusiast.
• creator of *many* channels

protocol rewards != a middle man

https://support.zora.co/en/articles/1368641

founder /openventures | /proxyswap | tokenbot @clanker

Yeah alright, but my point is:

Collector pays 3$
Creator gets 1$ 

Dont you think artists should get the majority of it..?

After all, they’re doing all the work.. its their product thats getting sold.. its them who do all the promotion..

Imho artists are giving up a pretty big slice of the pie for something that doesnt do much

First minter rewards and referral is not enough to justify giving up 2 thirds of the earnings

The flywheel of minting you talk about doesnt happen that often and when it does, its because some big account shared it here or on twitter and not because of the protocol

Just my point of view of course..

not necessarily, no. people are minting open editions for a variety of reasons but one big one is this system of protocol rewards. its spurred a flywheel of minting

if artists are concerned with capturing more value per mint, they don't need to use zora or protocol rewards