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https://onchainsummer.xyz
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Base
@base
When you give artists a blank canvas, you get new ways to see, feel, and imagine what Base could become Collect Case Study 001 — Discovery on @zora All proceeds for this coin will go directly to the artists https://zora.co/coin/base:0x9cb2b6d53aefb5539c02392226b94b46d46ec8bf?referrer=0x9652721d02b9db43f4311102820158abb4ecc95b
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potato
@potato
Must everything be fungible?
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@metawavestudio
1 fungible token…. or…. 1 collection with editions getting resold for 5% of the value. Gotta pick our poisons.
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potato
@potato
Second option makes me feel like I "own" the art more 🤷
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@metawavestudio
I can see that, but also see how it could be devaluing to artists if their artwork is placed in a digital environment ensconced in “speculation” and not currently valuing art appropriately.
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potato
@potato
Making it a coin is waaay more speculative, it is designed for speculators. I think artists can and have always priced their work. Not saying it should never be done this way but I do not like it being the default
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@metawavestudio
It's just designed to be a token. They don't get that deep into apeasing the speculator community from my observations. Also, were you around in 2018 decentraland or 2021 NFT boom?
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potato
@potato
But why is it a token? If it is only for price discovery there are other mechanisms for that. It just doesn't make sense to me that I own 10,354 tokens of some artwork vs 1 nft. Is it just nft is a bad word?
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@metawavestudio
Ask the artist to mint their work on another platform then. There are only a few pieces in this collection. If you don't like it just use another protocol.
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potato
@potato
I am trying to understand why other people like it
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@metawavestudio
Customers shape the products. It’s not a “why do people like this” question, but rather a “how did people come to believe this tokenization is the most valuable version?”
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