I find the backlash to the new Zora model quite fascinating.

When NFT’s first became popular, many people advanced the same criticisms. They weren’t real art, they overly financialized something that shouldn’t have a price on it, etc

Now, four years later we have learned a lot. It’s time for new experiments.

But it’s weird to see NFTs being held up as some bastion of artistic purity.

🧭Recalibrating 🌍Worldbuilding

We need a best of both worlds strategy to bridge art & content:

Content should not be considered art. Content is what is used to promote art (or other value encapsulant, eg YouTube videos).

Monetizing content via coins or low cost mint meta is great! It leads to sustainable creation, larger audiences, & the micro transaction layer that has been missing from the internet.

But this should not be conflated with low supply, higher cost “art”. Mixing the two makes collectors value art less & artists feel like they’re not appreciated.

The key issue here is that we’re not aligned between creators, collectors, & consumers.

Collectors want collectibles with long term value potential. This aligns with artists, but is a small pool.

Consumers want coins they can speculate with. This aligns with artists wanting to make a living from a larger pool, but can leave Artists feeling undervalued.

Content =/= art

More thoughts here:

https://paragraph.xyz/@wanderloots.eth/post-tokens?referrer=wanderloots.eth

I think there's a clear distinction actually! With NFTs, we were introducing scarcity to an otherwise infinite asset (online content). We've now gone full circle to effectively infinite supply again (1 billion coins). 

The issue is that with NFTs, even if you made one sale every 3 months, it was still vastly more money than creators/artists earned from social media, historically. It maintained the self-considered "value" of art, in part due to this new concept of "online scarcity"

What we're seeing now is a platform that historically touted itself as "for artists" abandoning their artistic structure in favour of "content". This switch has caused many artists to lose faith in Zora, regardless of whether the new cointent will be a better system moving forward. 

Shared more thoughts here:

Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp | getting paid to post with @ampsfun

I think there's a clear distinction actually! With NFTs, we were introducing scarcity to an otherwise infinite asset (online content). We've now gone full circle to effectively infinite supply again (1 billion coins). 

The issue is that with NFTs, even if you made one sale every 3 months, it was still vastly more money than creators/artists earned from social media, historically. It maintained the self-considered "value" of art, in part due to this new concept of "online scarcity"

What we're seeing now is a platform that historically touted itself as "for artists" abandoning their artistic structure in favour of "content". This switch has caused many artists to lose faith in Zora, regardless of whether the new cointent will be a better system moving forward. 

Shared more thoughts here:

https://warpcast.com/wanderloots.eth/0xead4e233

/cal 

Photographer, Artist, Web3 Educator, IP Lawyer, Patent Agent, Explorer 📸⛰️✨ 

 Building /flowcast with /mindfulness 🌊

https://wanderloots.com/links

Very well put Callum. I’m using rodeo atm and while I’m not thrilled at selling work that’s taken me 30 hours  just to capture the data for pennies, it’s still money that adds up daily compared to waiting 2 years with no sales 😂 in the long run I can’t sustain rodeo posting unless I dropped my morals and used AI image generation to churn out content like a Chinese sweat shop.

Due to redundancy back in June 2024 I had to sell all of my deep-sky astrophotography gear. NFTs ——>https://linktr.ee/astromarkc

yep! exactly! but the real question here is: do you think that by putting something on Rodeo, you're precluded from listing it as a 1/1 in the future?

but you're also putting out raws, and other cool "content" as distinct from the art, so you're monetizing in the meantime, which is the whole point

yep! and now you're able to earn a little here and there as a result :) i think the experimentation part of content is essential for success in the creator economy

but that doesn't mean we have to let it suck out the soul of art, and these new systems tend to, as @alexmack has said

A lot of the work I’ve been posting I’ve been sitting on for over a year now. Only reason it’s going up is due to my financial situation back in July which forced me to sell ALL my gear. Before that I turned my nose up at rodeo 😂 the raws being posted is actually due to In the past some ppl have actually preferred the look of the raw and I guess rodeo is a platform that allows people to enjoy both finished and unfinished work. Thus the RAW file series was born, otherwise I would have never have thought to mint my raws / ha files.