this post was submitted on 23 Jun 2023
16 points (94.4% liked)
ethfinance
33 readers
1 users here now
A community for investors, traders, users, developers, and others to discuss Ethereum and its cryptocurrency ETH. Join us on Discord, too! https://discord.gg/evmavericks
founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.
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.
Yeah, it's something else. It just reminded me of that system because it was a different way to realize subscriptions.
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.