Floor Prices with Deeze and Chikai

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

Chapters

• 4:49 Definition of floor price
• 14:18 What to do if collectors get mad about lower prices
• 16:20 What happens when a collector pumps you and buys half your collection
• 18:52 What happens when your floor peaks and your market dries up
• 27:47 Editions vs 1/1's
• 43:47 Floor prices of grails
• 49:16 Does barrier to entry affect your view of a piece
• 54:25 Hot Takes
• 54:40 Norcal - Everyone buying the same artist is a circle jerk
• 1:03:00 Chikai - Editions are good for the ecosystem
• 1:05:17 Klutch - Editions are going to carry a premium over 1/1's in total market cap
• 1:07:50 Deeze - Superrare NFT's wont have a premium in 3-5 years
• 1:10:25 Chikai - The premium will go to the curators instead of specific marketplaces like SR