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Kaloh | Indexy.xyz 📊
@kaloh
gm ☕️ A few AI and gen art collections have been making headlines recently. 1. Deus Ex Machina by @cybersea via VividGallery (Bitcoin Ordinals), great reception, minted yesterday -pictured 2. NiceAunties, Auntieverse via @fellowship, public mint is today. Pictured 3. Flares by @0xfar via Gamma (Bitcoin Ordinals)
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eliza
@elizasj
NiceAunties is my favorite thing to come out of 2024 so far ❤️🔥
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Kaloh | Indexy.xyz 📊
@kaloh
Yes, it's amazing. Quite interesting to see the bids https://niceaunties.daily.xyz/
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eliza
@elizasj
all different types of bidding are so new to me. i’d never heard of an english auction!
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Kaloh | Indexy.xyz 📊
@kaloh
I was familiar with English auctions (I just didn't know that's how it was called) What was totally new to me was Dutch Auctions... And then they added rebates 😅
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eliza
@elizasj
I’d seen dutch before actually! But I’m not sure I understand the mechanism… like the price goes down the more ppl buy but then doesn’t the first mint feel like … unfair? i’m sure i’m missing something though…
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Kaloh | Indexy.xyz 📊
@kaloh
It goes down per time, but not when people buys. It is a pricing discovery tool for artists/marketplaces, not necessarily better for collectors Let’s say you don’t know how high you can sale it for? You do a Dutch auction that starts very high, maybe it sells much higher than you thought
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Kaloh | Indexy.xyz 📊
@kaloh
If you really want it you go in quick and expensive, if you aren’t sure, you wait. Again, is better for creators than collectors
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eliza
@elizasj
ahh that makes more sense! my understanding was a bit off 😅
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