Yes, I know, very unique

ANYWAY, I want to start a NFT platform that actually gives value to people and I wanted to validate my idea by asking y'all if you see value in this

Artist creates NFTs that fans can claim (free for both sides)

• each NFT is numbered, representing when it was claimed (and hence capturing how early someone supported you)

short-term

• benefit for artist: fans will can evangelize their music, art or content more if they really believe in their talent
• benefit for fans: a symbolic representation of their early support, can be used as a pass for communities, merchandise, tickets, etc.

long-term

• benefit for artist: they have an automatic tiered system for ticket sales, merchandise releases, vip access, or other perks if they want to give back to your earliest and biggest supporters. Maybe the artist gets a small percentage of NFT sales if they really need further incentive.
• benefit to fans: they can get all the benefits above, or they can choose to sell the NFT and the associated benefits on the marketplace if they no longer keep up with you, so that another die hard fan can purchase it

I would love your raw, unfiltered reaction to this. If you have any other ideas of something that could provide more value, I would love to listen as well.

Thank you

NFT

F*** NFTs

Scamming bozo

No

I agree with how they are currently used, which is no utility, just speculation and get rich quick schemes.

how is what I said a scam?

It's a great way to capture support as you grow and use that natural tiered system later on. No?

So what Is the use of the NFT

That s***s dead, move on.

There's no immediate value to the NFT when you claim it. The artists I would target with this are literally like less than 10k listeners monthly on spotify right now.

The idea hinges on future use of it.

You know how people always pride themselves on being early listeners of someone?

thanks

now that the smoke is gone, we can actually thoughtfully think of real use-cases for this technology

soo you think it's a good idea? :

Why would I buy something I don’t use though.

At least when I buy a small artists music it’s because I enjoy their music and not to buy into some hipster idea of “I was here first”

you wouldn't buy it. It's free to claim.

You would have to just pay gas fees for the transaction, which depending on the network, could be less than $0.02

(and you can earn $10 by just signing up for Binance or get free crypto by doing an Earn activity on Coinbase)

So it costs you nothing. It's not meant to be a scheme to make you money. It's supposed to serve a purpose. Which is capturing early support and providing a natural tiered system for fans. Wouldn't ticket, merchandise, etc. and even marketing rollouts be much easier?

@Ajax @GoldmanSachs

Interesting idea. I believe NFTs can be harnessed to do something beneficial for artists for sure. Scamming is just easier with bigger payouts

Idiot

Nah

I also have one but it violates the TOS

put all the ktt2 posts on chain

What keeps this from turning into leak culture where leaks are frequently bought up from a few rich people and then drip fed out to various communities for whatever price they feel?

tho it is pretty normal to brag to your friends about being an early listener to an artist

if you pull out an NFT to prove it, you're getting clowned

this feels like a very outlier case

I'd also say leaks are hard for the average person to reach. Like with OnlyFans, you gotta dig into s*** and be massively inconvenienced to get access to leaks. Most people end up just paying for it on the platform.