A shirt whose price increases by 1 euro with every purchase

[ttyprintk]

Currently at #183. Regarding my asking price of €190 for my mint-condition shirt #4, some people say I need to have more faith and HODL. Others say I’m contributing to a worse society by trying to find the next greater fool.

[PaulLeiby]

Respectfully, I fear the latter. Trying to generate value through specious/arbitrary scarcity, and hoping that demand (willingness to pay) will rise because of that arbitrary constraint on supply. Maybe this is the future, when it seems increasingly easy and cheap to create "things" (t-shirts, widgets, design, prose text, code, music ...), and in large number. The original hope for mechanization/automation is that people's free time and creativity could be devoted to creating new, better, or just more personally satisfying things. I definitely do like the t-shirt as a satirical statement on Bitcoin and NFTs though, if that is what is it. Good luck!

[whatsupdog]

What stops a Chinese factory to print a 1000 shirts with 0004 embroidered and shipped all over the world? This is just a NFT esque grift.

[SirFatty]

I know it's completely different, but somehow feels similar to the Million Dollar Homepage.

https://en.wikipedia.org/wiki/The_Million_Dollar_Homepage

[mojuba]

Yep, thought the same. Both are social games with very simple rules. Always wondered what makes social games like these, and by extension also social networks interesting or not.

[inanutshellus]

Went ahead and headed over to the MDH and clicked on 20 links. Only two worked. Wondermark.com (apparently a comic strip) and... SendShit.co.uk. lol.

[owendarko]

If this is at 183 euros, it means that the artist made 16,653 euros so far. Very impressive.

[null_deref]

Are they an artist or one of the greatest marketers

[schnitzelstoat]

This reminds me of that early internet web page where you could buy a pixel for $1.

It seems novelty pricing can be quite successful!

[iLoveOncall]

Here's how you calculate the total spent on the shirt so far: https://en.wikipedia.org/wiki/Arithmetic_progression#Sum

16,836€ (183 sold)

[owendarko]

Weren't 182 t-shirts sold? That would put the total amount made to 16,653.

But yes, that's the way to calculate it.

[dannyfritz07]

Did it start at 1€?

[jkestner]

Pinboard pricing model escapes containment.

[ttyprintk]

I wonder what happened to that?

https://news.ycombinator.com/item?id=8751170

[underseacables]

Interesting. Reminds me of TeeFury, which only sells a T-shirt design for 24 hours.

[david422]

What's the incentive to buy? Get a shirt with a low number for the prestige?

[towawy]

…or a high number to brag!

[xnx]

Missed the chance to call them NFTshirts.