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Collectibles, yield farming, liquidity mining, potatoes — what’s not to love?

The Overview

TATR tech (Ŧ™), led by Second Realm, is launching an experimental protocol formulated at the intersection of decentralized art and decentralized finance.

NFT art collectors are incentivized to share art with other collectors. As a reward, people who successfully transfer and receive “the people’s potato” will earn $TATR tokens. This protocol is known as Social Liquidity Mining.

All revenues obtained from the sale of “the people’s potato” are directly reinvested into TATR tech and used to subsidize gas costs during distribution periods.

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The Problem

Marketing around scarcity¹ in the decentralized art space has drummed up some really great publicity and helped strengthen the appeal of NFT collectibles. …


The problem with remixes is that they represent a financial threat to galleries via copyright litigation and attrition. This is highlighted by removing Robness’ 64-Gallon Toter from SuperRare and echoed by the challenge of legal remixes across platforms.

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“Original Art Is The Weeds” is Second Realm’s remix of Nino Arteiro’s “An Original Art” remix of Coldie’s “Edward Snowden Variant 02.”

INTRODUCTION

In the Decentralized Art (DeArt) space, remixes share the same audience, at scale, as those offended by them. I will argue that this friction is a symptom of a business decision made by SuperRare and adopted by other platforms.

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Tonya Zimmerman’s BTC Bitch Remix #1

WHAT ARE REMIXES?

Remixes are new creations that use existing content. They are not exact copies, forgeries, or compilations. …

About

Second Realm

art studio of Eric P. Rhodes | creativity at the intersection of art and blockchain tech, aka DeArt.

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