Zinger ↑ on Warpcast

Content pfp

0 reply

0 recast

0 reaction

Mark Fishman pfp

imo the problem that Zora faces right now is similar to the one Farcaster has: not enough interesting and diverse content Once they get more creators, the concept of minting posts will be obvious in hindsight

4 replies

0 recast

20 reactions

Zinger ↑ pfp

Don’t think it’s a supply problem, it’s a demand problem, also nothing stopping Instagram from adding tips

1 reply

0 recast

1 reaction

Steen!!! pfp

Mints aren't tips though. Enjoy is an actual tip, mints are an investment. That I can sell tokens, even for a loss, means it's a totally different mechanic

1 reply

0 recast

2 reactions

Zinger ↑ pfp

Even worse! People don’t want to invest in posts, way too midcurve for most, especially if it means they might lose money

2 replies

0 recast

0 reaction

Mark Fishman pfp

Agreed “investing” in posts is way too much cognitive effort for the average consumer

1 reply

0 recast

2 reactions

Steen!!! pfp

Why are we talking about the average consumer though? I didn't care about them, most creators don't either. We care about the people who support us, not through likes, but dollars

2 replies

0 recast

1 reaction

Zinger ↑ pfp

There aren’t that many of those people though? Look at web 2 equivalents, it’s not because the tech isn’t there, it’s because there’s not enough demand Not a dig at you specifically but collecting art and supporting artists just isn’t as mainstream of an activity as the crypto industry makes it seem and I don’t think bringing things onchain changes that

1 reply

0 recast

0 reaction

Steen!!! pfp

Collecting art doesn't need to go mainstream. 1000 true fans is real, and it only takes a few speculators to make an asset viral. Anyone who owns crypto has access to art markets. If those markets are liquid, they'll attract curators. I won't refute that we're a long way away from my vision, but it also doesn't require the volume of attention you're describing

1 reply

0 recast

1 reaction

Zinger ↑ pfp

I think to get to 1000 true fans you need 10-100k “weak” fans and very few if any onchain creators (or creators in general) have that kind of reach Time will tell though, would love for top creators to be supported by their fans, just a bit doubtful on the path to getting there

1 reply

0 recast

1 reaction

Steen!!! pfp

Zora will serve as the most interesting experiment to-date. In 6 months we'll have a lot of data on secondary markets and referrals that will provide insights more valuable than anything the SuperRare meta taught us. I encourage you to participate in the experiment. $5 spent wisely will allow you to participate in markets and experience them first hand. I've profited from trades and people have profited from trading my tokens. Chump change, but it can scale

0 reply

0 recast

2 reactions