jihad ↑
@jihad
The most direct and high-signal way to support creators is to buy their art. NFTs made this experience digital. Subscriptions create an ongoing form of patronage. All of the above create a direct line of value transfer between the creator and their supporters. Coins don’t do this. Coins are traded through AMMs, and most of the value is *not* captured by the creator. Interesting experiments, but I still don’t understand how this is a better way of “supporting creators” than more direct, lindy alternatives.
12 replies
5 recasts
49 reactions
Matt
@mattlee
They way I think about it is there’s clearly lots of demand for speculation that have made people rich for things like creating fartcoin so why not direct some of that demand to artists instead of
4 replies
0 recast
3 reactions
Gramito 🧉
@capybara99
I feel like at least for musical art, the concept of subscription for everything ever thanks to Apple and Spotify kind of ruined the culture of buying singular pieces of art/music Obviously real music enthusiasts still buy vinyls and CD’s but I think music is in a weird place because the average consumer just wants to pay some fee a month and have everything. It would be interesting if there was a service like a creator coin where by purchasing a percentage you get access to the catalogue but the issue is that as long as trad DSP exist and the artist puts their music on them it massively disencentivices this.
1 reply
0 recast
1 reaction
Matt
@mattlee
Paying for access to music is over imo it’s never coming back ever ever music is water now
1 reply
1 recast
2 reactions