1/ First thoughts about 'open source' NFT minting experiment.
I think the first point is that it is just a tool in the toolkit, a tool to use when appropriate.
An undifferentiated collection or photograph won't change just because of a more open license
2/ The one usage case in which it absolutely makes sense is for images that have been stolen, gone viral
This is like the meme NFTs that were minted a few weeks or months ago
A scenario like this allows the artist to reclaim their heritage and ownership
We will see what else
3/ Now let's talk about what norms we should emerge around these images. You don't *have* do these things, but it is better if you do.
First, if you want a print, go to the artist first and see if they are interested. Why wouldn't you?
4/ If you are going to use it for big commercial purposes (I personally think this is highly unlikely because images are so specific), then go collaborate with the artist also.
Again, you don't have to, but why wouldn't you. If it is big commercial use, you have the budget
5/ If you are going to do a cool project that perhaps could be better with the artist's participation, reach out to them to see they want to participate artistically and economically.
I think the project will be more successful with the artist involved.
6/ One of my giga-brain views on this is that even if images are 'open', the authenticity of collaborating with the artist will give extra value
So what I hope for this initiative is that those without budget get free art and those with are economically incented to work w/artist
7/ More as we think this through!
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Hello 6529 fam, we need to make a rights template builder.
One thing I have noticed in the last 3 days is that a lot of artists and collectors are confused about what they are buying or selling even in the 'normal' model
Where you can "build a license" from as restrictive to as open as you like, but fine-tuned to NFTs
3/ Once you have built your license, it creates a machine and human readable version of the license.
Easy mode is link it in the metadata of your NFT
Better mode is you link in the metadata and publish to Arweave and/or IPFS so that it is as decentralized as your NFT
1/ OK, last NFT photography thread this weekend to try to consolidate a bit my thoughts on what we discussed.
I think it is important for me to share first my view of the medium-term future of photography NFTs because I think it makes a lot of the rest more clear
2/ My general view of photography NFTs circa 2025 is:
- Infinite collections
- Infinite artists (pros and advanced amateurs)
- Infinite very decent photography NFTs
- Average selling price: 0.00 ETH
- Average licensing revenue: $0.00
- Average print sales: Close to zero
3/ Photography already has tremendous supply.
The reason micro-stock sites exist is not because corporations are evil or something strange like that.
It is because there are an awful lot of pretty decent photographers who enjoy photography and will accept the marginal income