Whats the right amount to set a collect fee? doing some research while on-boarding a creator fren. What do you feel is good to set as your first collect fee?
It would be cool if creators could set custom collect fees by the edition number.
eg. Collect #69 or #420 or #1337 would probably be more valuable than any old collect.
Also think you could give creators the chance to offer a sliding scale.
eg. Collect #1-10 is 10x more expensive than collect #11-100 which is 10x more expensive than collects #101-10,000.
Cannot stress this enough:
Creation, Creators, How to Create, Pricing for Creators, etc are all solved problems.
The success of Lens depends on the existence of apps which make use of what we’ve collected. Without them Lens is Facebook + Patreon. We need apps which actually use the posts (data) we’re collecting along with all other NFTs. This is the vastly bigger side of the Creator/Collector equation.
Apps which use NFTs as data incentivize people to collect and create that data.
The lowest-hanging fruit possible for devs right now is a gallery feed/collections app where only NFTs are allowed to be posted and organized into collections.
-Music players are a good start and thus music NFT pricing is doing well relative to other forms of media.
-Music remixers using collected music is better.
-TikTok-style creation tools which use your collected music is even better.
Attached is a mock-up of a viral song in TikTok + Sound.xyz. The biggest thing Sound/Foundation/SuperRare all get right is at a minimum collectors want to see their names displayed prominently. This is painfully absent here.
Photography is “underpriced” right now bc there’s no way to use the photos. @arterlioz.lens is absolutely on the money with Wallpaper which could easily become a Lens app:
Wallpaper.app
-Curated feeds of high quality NFT photos formatted as wallpaper (this does not have to be decentralized!)
-slideshow/gallery presentation
-downloadable hi-res jpegs
-Artist + Collector(s) name displayed prominently
-collector community channels
-collectors have access to artists
-collectors can comment publicly on the photo
Until apps like this are built with collectors in mind we’re just posting art and adding patreon on top, in which case to your original question… a creator’s work should be priced relative to the size of their network here on Lens. Small following? Cheap price. Work to make your early collectors rich.
All of the creator tools here are absolutely incredible and awesome and we honestly can’t thank the builders here enough for it all. I’m not trying to sound negative, these are truly game-changing tools. But only if the stuff for collectors gets built.
Building for collectors will give Lens (and all of web3) the highest ROI.