jihad ↑
@jihad
Even if you believe we should tokenize everything (I don’t), that still leaves open the question of how specific things should be tokenized. Open editions were a great model. They were still tokens. They were direct patronage to the creator, and secondary illiquidity left the door open to speculation but made it far less common. To the end user, you could just call it tipping. Don’t try to force “content coins.”
4 replies
3 recasts
30 reactions
Reid DeRamus
@reidtandy
> To the end user, you could just call it tipping. Totally agree on the verbiage. We've been thinking about "Support" or something in that ballpark, but certainly steering clear of "Buy". One note on open edition NFTs - we haven't really seen any writer turn that into a reliable & meaningful income. It was great in that it was so focused on patronage, but didn't really move the needle in terms of rewarding great writing.
1 reply
0 recast
3 reactions
Hugo -
@schezhugo
Exactly, open editions are not a great source of income, that’s their weak point.
0 reply
0 recast
0 reaction
