Deployer
@deployer
I've seen mixed reactions to Zora combining pictures and tokens. I could be wrong but this feels ... right. It's fascinating. Its like fractionalizing NFTs without having to fractionalize a thing. You can own a lot or you can own a little. You can flex being the biggest holder, or you can just support your favorite artist with $5. The only thing that separates this from existing 1/1s or open editions is how platforms display them. By owning any amount of these tokens you own "the picture". The amount you put in is up to you. I get the sense artists hate this because it further pushes art into some kind of financial asset, but this is fascinating and I hope more artists use it and it catches on. NFTs were always financial. Artists wanted a new way to monetize their work. They required a mental leap to embrace a new concept of ownership. Seems like that is also the case here. This solves the royalty debate. I assume the artist earns fees on every swap.
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Trish🫧
@trish
Much of this is true but so many other things to take into consideration. Artists mostly are not about seeing that chart on a dex screener. Messes with the mind Also it’s so hard for crypto curious web2 artists to take the leap. Web2 communities revolt. Its a risk. This method isn’t particularly appealing. It’s confusing and probably a little suspicious to them Happy to be wrong but I don’t think I am. I don’t understand why both ways can’t coexist
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Deployer
@deployer
i think its the first stab at something potentially interesting. you're right, in its current form i'm not sure its super appealing to existing artists.
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