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Arjan | That Poetry Guy
@arjantupan
For me, the mint-fee is too low at the moment. I think the already low earlier Zora fee was great. Not as much as a latte so affordable, but still enough to engrain the idea that art has value into the minds of the wider public. Now we're back to Web2 mind-set of content is free. That's not a good thing.
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Renée Campbell
@reneecampbell
I think this is a very important point. It ingrains the idea that art has no worth. I understand that the price is based on a plan to have art more accessible to the masses that we all hope will one day join in but why is it always artists that have to pay this price? Everyone else involved gets their cut while artists have to play along in hopes of a payday some time in the future.
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Sunny
@sunnysangwan
But it’s not free. It’s $0.35.
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Renée Campbell
@reneecampbell
I’m not selling my photos for 30 cents. I’m arguably one of the best macro photographers in the world. So where do we go from here?
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Sunny
@sunnysangwan
Would you still not sell it for $0.35 if 100K people wanted to get your photo?
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Arjan | That Poetry Guy
@arjantupan
I appreciate the theory around this Sunny, but it is not becoming practice. For me at least. For now, the fact that Zora went with that 35 cent meta means my meager income on Zora is slashed even further. And to earn the same, I have to work much harder. And... 30 cent is dangerously close to 0 when it comes to how people experience the value of art. With the price of a latte, it's already much more impactful in terms of changing that aspect, changing the idea that art has value.
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Sunny
@sunnysangwan
I think we're talking about two different things; art as a collectible & art as a consumable; collectible = higher value but low supply & consumable = low value but high supply. Both have humongous potential in a digital economy. Base is prime to be the leader in the art-as-consumable product because of low transaction fees & less friction.
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