🎀 sonya (in theory) 🐰
@sonyasupposedly
honestly my biggest problem with content coins (as currently deployed), far more than the ephemerality (which I do also object to, from the collector side!), is the hilariously minuscule cut that creators get like what do you mean there was $800 of volume and I made $2? people spend $800 human dollars on something I made, and I got TWO DOLLARS of that? nah I crossposted the same image on Rodeo, where it was minted 5 times = $1.25, of which I got half: $0.63 meaning that: • Zora ratio of volume to earnings = 372:1 • Rodeo ratio of volume to earnings = 2:1 https://warpcast.com/sonyasupposedly/0xe417e5b8
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🎀 sonya (in theory) 🐰
@sonyasupposedly
now you could argue, because content coins are a better speculative vehicle by which collectors might profit, there will be more collectors of content coins than NFTs which could very well be true! but there need to be *ludicrously more* collectors for the average creator to earn as much from a decently-but-not-wildly successful content coin versus a decently-but-not-wildly successful NFT mint
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soosh
@sushen
really good takes here! i feel with the new model is designed for collectors and not creators. Creators would get the short end of the stick, while collectors may be able to profit larger sums for coins compared to NFTs. As a creator you wont be able to exit as there would nearly never be sufficient liquidity available. So is it really 'more liquid" for creators? as of now, i don't think so. The values in the wallet are very misleading for creators; i tested a few coins and even though my share of tokens as a creator is 'worth' ~$36, i cant sell a single coin because there is no liquidity.
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🎀 sonya (in theory) 🐰
@sonyasupposedly
I don't love it as a collector either 😔 at least not as a way to collect art. definitely more appealing to traders than the NFT model... but that's part of what makes it off-putting if you're more interested in patronage and curation
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BrixBountyFarm 🎩
@brixbounty
Agree 100 percent as a collector I want as much of my spend going to creators as possible. And zora seens rather less than ideal on this front. Would arguably like to see a bigger split via rodeo too 70% / 20% / 10%? Creator / platform / curator ? cc @kayvon curious if you all have publicly discussed how you landed on your current splits and also now that you’re on the App Store is apple getting a cut of every rodeo mint?
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soosh
@sushen
It is a different experience than NFT create<>collect flow. Maybe it’ll work out or maybe it won’t. We shall find out 🤷🏽♂️
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