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Steen!!!
@usersteen.eth
yall realize if you like something on zora and you mint multiple editions you can sell some later and actually profit off having contributed to the token's distribution right?
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nick
@nickysap
It’s nice to be able to recoup the cost of minting but there still needs to be demand on the secondary market for that to be a viable long term solution. Hyperminting copious amounts of NFTs doesn’t seem like a reliable mechanism for scarcity, which is at the heart of what makes something collectible/desirable.
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Steen!!!
@usersteen.eth
scarcity is not just enforced by quantity but price. this holds truer in a digital context. there's a massive misunderstanding of digital scarcity, in part due to the super rare meta. this still has power over creators who come from a physical/traditional background. digital assets will not accrue value for the vast majority of creators with scarce portfolios. perhaps for those with massive existing audiences, but these are the outliers. mints = attention = value = demand = higher prices = scarcity. i want to get in as many wallets as possible, that's my singular goal. there are no network effects otherwise.
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nick
@nickysap
Interesting perspective. As someone who is a physical-native when it comes to collecting, perhaps I’m in the former camp you described. It’s hard for me (even as a 10+ year crypto guy) to grasp. Most of my NFT collection are 1/1s or 1/1/x editions. I haven’t been able to wrap my head around the turbo-minting thing. However, you’ve def given me something to consider. Lmk if you ever want to do a Tavern/Spaces/Farhouse on this topic.
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