NorCal and Klutch

Floor Prices with Deeze and Chikai

January 05, 2023 NorCal and Klutch
Floor Prices with Deeze and Chikai
NorCal and Klutch
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NorCal and Klutch
Floor Prices with Deeze and Chikai
Jan 05, 2023
NorCal and Klutch

In this episode we discuss the dynamics around floor prices for NFT's. Some of the topics we cover include what we view as the floor, how we think artists should price, how different things in the space can effect an artists floor price and how they should adjust should sales start to dry up.  We also discuss what we view as having higher potential long term, "grail" projects with high floors or lower floor projects. Finally we talk about how editions and 1/1 floor prices relate and how curators can affect floor prices. 

Follow the guests:
https://twitter.com/DeezeFi
https://twitter.com/lifeofc

Follow the hosts:
https://twitter.com/GuyNorcal
https://twitter.com/Klutch_NFT

Follow the pod:
https://twitter.com/NorCalandKlutch

Music Credits:
https://twitter.com/RoomInEight


Show Notes Chapter Markers

In this episode we discuss the dynamics around floor prices for NFT's. Some of the topics we cover include what we view as the floor, how we think artists should price, how different things in the space can effect an artists floor price and how they should adjust should sales start to dry up.  We also discuss what we view as having higher potential long term, "grail" projects with high floors or lower floor projects. Finally we talk about how editions and 1/1 floor prices relate and how curators can affect floor prices. 

Follow the guests:
https://twitter.com/DeezeFi
https://twitter.com/lifeofc

Follow the hosts:
https://twitter.com/GuyNorcal
https://twitter.com/Klutch_NFT

Follow the pod:
https://twitter.com/NorCalandKlutch

Music Credits:
https://twitter.com/RoomInEight


Definition of floor price
What to do if collectors get mad about lower prices
What happens when a collector pumps you and buys half your collection
What happens when your floor peaks and your market dries up
Editions vs 1/1's
Floor prices of grails
Does barrier to entry affect your view of a piece
Hot Takes
Norcal - Everyone buying the same artist is a circle jerk
Chikai - Editions are good for the ecosystem
Klutch - Editions are going to carry a premium over 1/1's in total market cap
Deeze - Superrare NFT's wont have a premium in 3-5 years
Chikai - The premium will go to the curators instead of specific marketplaces like SR