Thanks Jarvie! I appreciate your thoughts on this subject. Currently waiting for my application on lensy.io to be approved. Going to dip my toes into this nft world and see if it's for me. Either way, interesting times... Cheers!
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I was checking it out... a marketplace is only as good as the buyers it brings there? But i guess the artists help make a market place better?
Do you know what the price is to tokenize? I am not quite sure about it.
We both sell pictures including digital files that come along with print rights. On my website jarviedigital.com I get a decent amount of people buying for $100 for the right to print some pictures of religious buildings. Not sure what i'd do as an NFT, would i sell it for a lot less and not give a print right or give a print right which is risky because they then presumably would have the right to resell it then would the next person also get a print right with it?
So many questions. haha
The lensy discord has a FAQ section that answered a lot of my questions. About 6 swap-hive to tokenize. I figure I'll try adding a new image that is not on my website and not on other social medias and see what happens. "Private" only and I plan on explaining a bit more what that means in the description. I know this isn't going to make me rich, lol, but I feel like I need to give it a full try before I form too much of an opinion.
6 hive to mint a token is fine now... not sure what happens when price of hive goes up a bunch i wonder if they'll drop that.
They also take a 10% fee on sales right?
All in all it's almost as expensive as my website even while having a CC processor in there taking a fee.
Also keep in mind that users will have to spend market costs to convert to hive then pay 1% fee to turn hive into swap.hive.
Yeah, I personally don't think it's great for licensing images as stock photography. The pricing could get weird and controlling the terms (or price based on terms) isn't really available so for now, that's a no for me.
But, if someone wants a "collectable", I can see the value in an nft "product", IF everyone plays by the rules. (I look it as kind of like a cool expensive splinterlands card that you never actually use in battle.) It will be interesting to see how abuses and solutions evolve. For now, I'll offer an image or two while I learn more...
I was wondering what interesting photo NFT features would be. So i'll brainstorm outloud
Well, I created my first NFT today! We'll see how it goes... The uploading was simple and there were more TOS I had to agree to.
Interface upgrades are definitely needed as well as more rights options, but I'm glad I got it done.
Private access to a larger file is possible, but I believe I accidentally uploaded a full res as the preview so I think it can actually be downloaded without purchasing, lol. Not that big of a deal for this particular image.
I really like the idea of offering a print with the purchase of an NFT, something I have been thinking about as well but didn't do it for this first one.
A coupon code or note can be added and sent to the buyer. I thought about doing this as well but not on this first one...
Charitable causes would be great! Might be hard to enforce but definitely could be advertised in the description.
More to learn... Have a great day!
One guy is selling a physical art work along with the nft. I questioned him and he expects the buyer to sell the physical artwork and nft . I like the idea. Would that work? What are the pros and cons of selling physical artwork along with nft?
What happens when someone performs the transaction, and doesn't get the artwork, or vice versa?
6 hive? Is that a price increase ? I thought it was 5 hive.