Create, Sell, and Earn: Orb’s New Sticker Tool for Creators
Orb, one of the leading Web3 social apps, just rolled out a major update that’s set to revolutionize how creators monetize their content. With the new sticker creation tool, creators...
Something interesting about stickers is the price elasticity of demand. It seems that the ath during hype is 6 (or 6.9). So maybe it make sense to decrease the orice when deamands heat starts to cool off @nilesh 🤔
Dutch auction is the opposite of this pricing mechanism! The Dutch style starts from a high price and incrementally goes down until the price meets the first bidder. When the trade is made the price goes back to the starting price and goes down again until the next bidder and does this until supply is gone.