• Scum@kbin.social
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    1 year ago

    Has anyone posted about Ethscriptions yet? Essentially, it’s like Patreon for NFTs. It enables artists to create a steady revenue stream through subscriptions to their NFTs. This isn’t just a one-off purchase of digital art anymore; we’re talking about ongoing support directly integrated into the Ethereum network.

    It seems the community is pretty pumped about it so far. We continue to push the boundaries of what’s possible with NFTs and Ethereum, opening up new ways for artists and collectors to engage. One thing to note, though, is that the introduction of Ethscriptions hasn’t really moved the needle in terms of network usage or active addresses yet. But hey, it’s still early days.

    EDIT: Also: Ethereum.

    • MrVodnik@kbin.social
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      1 year ago

      Wait… what? Where did you read that? On their page (ethscriptions.com) I can only see that its an NFT stored in call data, i.e. something as old as the Ethereum itself. Nothing about actual subscriptions or payments.

      • oxyeth@kbin.socialOP
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        1 year ago

        Yeah, it’s something else. It just reminded me of that system because it was a different way to realize subscriptions.

    • oxyeth@kbin.socialOP
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      1 year ago

      Looks interesting. Reminds me a bit of APY.vision. A tool I used during defi summer to keep an eye on my LP’s.
      They have a subscription model where you just buy and hold their token. As long as the token is in your wallet, you can use their premium features. When you are done with the service you just sell the tokens again.

      Of course I lost more money on that token than a subscription would’ve cost me, but I thought the idea was pretty cool.