Agreeing with Maki here. Dgmw, the art is super cute, but there are many other artists that sell (hand-drawn and home-made) artwork just like you for much more affordable prices. The economy here can be different compared to other games, which, understandably, you don't fully understand because you are newer. You likely won't get many sales for prices like that, similar artworks from other artists here sell for around 25k-50k bits

Mmm, 25k and 50k are prices that I see actual horses on the game sell for, granted they are very high-quality horses. 
It is my personal opinion that the artist on this site may be selling themselves short. 
I understand that the art market on the game is sparse but my goal isn't to sell a ton of art. 
I could understand the 50k price for an adoptable (something you draw once and recolor) but not for an entire custom piece. In addition, Maki pointed out that the exchange rate for an ingot is 300 bits for 1 ingot on the lowest end. 1,000 ingots cost $10 USD. You are asking the artist on the site to draw for just about a dollar (30,000 bits = 1 USD) which is something I cannot support. 
It is my opinion that the other artists on the site should increase their prices for any custom work and keep adoptables and reusable artwork affordable.

Edit: I did check out the other art shops and from what I have seen all the art is templated. Someone draws the lines once and then reuses the art and just changes the colors. This justifies the lower cost. My art is made fresh from sketches for every order. Hence why it costs more. In a world with AI art, the last thing we should be doing is pushing artists to work for pennies per hour, even if it is just a hobby.

Nobody's telling you that you should raise or lower your prices. I'm just pointing out that art shops and pieces that end up selling for the prices I mentioned (25k-50k bits minimum) are generally successful and get more sales than you might realize. 

Of course, there is a difference between an adoptable/recolor and a custom piece, but even still, 150k is a bit of a hefty amount, even for your cute art style. I've purchased artwork much more detailed and realistic for a similar price. 

Also, most artists who sell their artwork here do it for fun and not as a reliable source of payment/income, so they're not technically “underworking” themselves if they do it willingly for fun. If you're trying to sell your art for mainly money, I'd recommend checking out sites such as Flight Rising and/or Santae for that kind of thing. 

If you want artists to charge more, just so some folks cannot work for pennies, as you put it, then people better up their work and put EFFORT into it. Which to me, just recoloring a base? Ain't it. Any time people sell artwork, they are recoloring lines and I don't consider that putting much effort into it.

You compare horses that go for that price tag to literal art which is ridiculous. That horse? Will eventually make the money back. Not some piece of art. The money back can be done through showing/breeding/sales of foals etc. What will I make back for that art I sink so much money into? Nothing really, imo.

You can ask for whatever due to your own personal beliefs but it can hinder you if people see it is way too expensive. Only time I see people drop serious bits on artwork is if it was animated or more detailed, different styles/backgrounds etc than the one example you've shown.

Thats kind of how tags work though. You draw one piece and recolor it for players to buy. Selling individual art pieces is completely different and that works takes me not even an hour and I do for fun, so I dont personally care how cheap it is. Commissions off site of fully detailed work will cost a lot more than a tag for a game for funsies. I charge hourly for commissions that take hours and I dont offer them for sale on a sim site either. 

It’s not necessarily how tags work Maki. That is just a type of tag. Something I would call an adoptable. 
I appreciate everyone sharing their opinions on my price but honestly I don’t believe this is the place for it. 
If a player doesn’t wish to buy my art that’s okay, I don’t think it’s necessary for other players to come an comment on my prices or the quality of others artwork. 
I appreciated the helpful advice for understanding the economy of the game but now I feel we have walked into simply pressuring me as an artist to change my price. 
I do not appreciate other coming on this thread and saying that my art has less value than an in game horse and it will no longer be tolerated. If you would like to comment on my art (with out saying it’s over priced) or place an order feel free but this is not the place for any other discussion. Thank you. 

Edit: For reference to my point, this is something that I made and sold for $80 USD. Note that this is just a headshot if they wanted full body I would have asked $150 USD. This is not a point of skill it is what I value my work at.
The only reason I am not offering this level of work right now is that I simply do not have the time to complete an order like this.

i'm sorry you feel that way, but HoFa's economy is really different from those super popular games. we're a tiny community by comparison and art sales are incredibly rare. so art tends to be priced down to try and attract the few people that are around. sure there are some older players with tons of currency stocked up but most people here can't afford to buy that many ingots with real money. i'm not commenting to tell you to change your prices or anything, i totally understand if you feel this isn't the place for you to sell your art. it's just there's really not enough of us here to support a similar art economy as other games.

and i'm sorry if you've been made to feel like you should be reducing the worth of your art, but i don't think that's what everyone meant (i hope). over on Equiverse which is arguably even quieter than HoFa because of not having game updates anymore, artists go with affordable prices for the playerbase and the tradeoff is that they don't sell over there as much. their Equiverse prices are wildly different from their DA prices and it's understood that if we want more then we'll have to pay full price for a commission.

for reference, the last custom art i bought here was from Nittrous who made the pagedoll that i have on the bottom of my player page. i paid 200k bits (400 ingots) for it, and this was almost 2 years ago when there were more people playing. again, not trying to tell you what to do, just giving an example of what the economy is like.

It saddens me not only as an artist but as a software engineer and new player that the site has this mentality. I’m okay if no one wants to buy my art. This is not my full time job just something fun I do. 
In all my experience, inviting and nurturing artist on a site like this only brings tremendous benefits to the site. No only does it encourage people to put money into the site to buy art but it also gives older players the opportunity to pass wealth around the site. 
When comparing sites that have a healthy art community to those without you often see a dramatic difference in the stability of the economy as well as user activity. Just because the current community is not one that values art doesn’t mean that new player won’t. New players may also stay longer because they are getting more value out of the game. Art is something that you can not only display on the site but use in other places online or even on print. 
I personally have invested some in the site already because I see its potential but I also see a lot of pit falls that could lead to the death of the site. 

i'm not sure i understand, what mentality do you mean?

in theory yes it would encourage people to spend money on the game, but many of our players and especially new players are children. it's never been about not having value about art, but not having enough people that can buy it for real money.

not to mention the forums are quite slow, it can become a bit of an echo chamber over here but the discord can have better feedback about pricing.

Maybe there should be some moderation on art forums about the discussion and pressuring of artist to lower their prices. That way the site can grow and change instead of a few individuals polluting a sales form and driving away any potential customers and it’s not only bad for the community but the site as a whole because as you pointed it it can become an echo chamber.