Content pfp
Content
@
0 reply
0 recast
0 reaction
🌈 YON pfp
🌈 YON
@yonfrula
pump(dot)art pill experiment, after 24hs: · 1114 people took a total of 28867 pills all together. · initial pill price was $0.29 (free mint). · after primary ended, people start dumping instantly on the streets. · pill price drops by $0.07 at the time i'm writing this. this new reward protocol makes most sense for memes, souvenirs, and content aimed at going viral since they are more likely to be traded on secondary markets. and i'm sure mine is just one example, but i believe this is how most of the pieces we mint on /zora will behave from now on: sold for way too cheap to hold value, and getting instantly dumped even deeper by speculatoors. as an artist, i feel this isn't the optimal way to distribute our work...it almost feels like we're creating a memecoin on pump(dot)fun. thoughts?
46 replies
2 recasts
66 reactions
Pichi 🟪🍖🐹🎩 🍡🌸 pfp
Pichi 🟪🍖🐹🎩 🍡🌸
@pichi
I’m not here for the changes at all.
1 reply
0 recast
5 reactions
baubergo pfp
baubergo
@baubergo-
answering your question: I do agree it feels weird for artists. At the same time there are some weird NFTs only made for the sake of points or whatever, for that specific reason this might be...helpful? But for real art I do think its not a upgrade
1 reply
0 recast
0 reaction
$GEAUX ✝️🍖🎧 pfp
$GEAUX ✝️🍖🎧
@geaux.eth
It’s the fly effect. Think Mutatio by @xcopy.eth Someone even created a portal to burn NFTs to actually tokenize them into a coin. Large quantity “free” mints should be treated as meme coins not assets. Burn mechanisms can effect this, but I think it’s wiser to approach them with a “tokenomics” mindset
1 reply
0 recast
0 reaction
Nicolas Davis ↑🔆🔵 pfp
Nicolas Davis ↑🔆🔵
@nicolasdavis.eth
I'm supporting you through @microsub! 29 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
1 reply
0 recast
0 reaction
Thumbs Up pfp
Thumbs Up
@thumbsup.eth
I'm supporting you through @microsub! 56 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
0 reply
0 recast
0 reaction
PinstripedGator🐊🎩🍖 pfp
PinstripedGator🐊🎩🍖
@pinstripedgator
I'm supporting you through @microsub! 68 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
0 reply
0 recast
0 reaction
gønz 🎩 pfp
gønz 🎩
@thisisgonz
Platform should support artists 💜👽🪄
1 reply
0 recast
0 reaction
JE11YF15H 🍖🔵-‘ pfp
JE11YF15H 🍖🔵-‘
@je11yf15h
What happens if the only way to mint your future releases is to burn pills?
0 reply
0 recast
0 reaction
christin pfp
christin
@christin
I appreciate you running the experiment and sharing the results with us 🙏
0 reply
0 recast
0 reaction
Brian Morris pfp
Brian Morris
@brianmorris.eth
I’m not a fan of any race to the bottom
0 reply
0 recast
0 reaction
BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
Wouldn’t it make sense that’s folks speculated with your history of burns to collect? The price almost more of a POAP or for someone minting daily work. Song a day man > @tomato.eth doodle of the day style engagement etc
0 reply
0 recast
0 reaction
O+< pfp
O+<
@spitfunkolips
feels like the pump.funification of every platform chasing the new meta
0 reply
0 recast
0 reaction
Martinjo 🎩🐻 pfp
Martinjo 🎩🐻
@martinjoss
Exactly the same feeling. Definitely not an art marketplace anymore. I'm thinking of continuing in Tezos the series I started in Zora but I don't know yet.
0 reply
0 recast
0 reaction
big tone 🎩🧾 pfp
big tone 🎩🧾
@bigtone.eth
/opepen fixes this
1 reply
0 recast
0 reaction
JC pfp
JC
@jonathancolton
I agree with you Yon! After a few “free” mints I priced my last one over $25USD.
0 reply
0 recast
0 reaction
MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
Wen burn to redeem? J/k It does feel rather memecoin-ish, driven mainly by speculation. I don’t think anyone really needs 100s of an open edition (and that’s not to say the art isn’t awesome!).
0 reply
0 recast
0 reaction
basement5k.⌐◨-◨ 🟡 pfp
basement5k.⌐◨-◨ 🟡
@basement5k.eth
I wouldn’t know because I don’t sell yo shit. But based on your experiment, the data don’t lie. Keep that shit exclusive
0 reply
0 recast
0 reaction
Cosme Andaluz 🎞 pfp
Cosme Andaluz 🎞
@cosmeandaluz
Totally agree with you, instant dump.
1 reply
0 recast
0 reaction
OTTI🎨🖌🎩 pfp
OTTI🎨🖌🎩
@zeuzc
lol why would you mint something for $0.29 and sell it even lower wtf,especially art for that matter.
0 reply
0 recast
0 reaction