Excited today to share the launch of GM World (GMW), a gallery and growth accelerator for up-and-coming creators minting great art on-chain
See our live genesis gallery here with a range of amazing works on auction:
foundation.app/world/gm-world
BΞN
8,140 posts
- My collecting style in a nutshell: 1. Identify promising up-and-coming artists 2. Invest in them long-term via capital (buy their work), time and energy 3. Double down where I have conviction 4. Sell a small portion of works over time, using profit to invest in new up-and-comers
- 2015: Bitcoin is dead 2018: Ethereum is dead 2021: NFTs are dead
- Collecting a genesis piece from an amazing artist that nobody’s heard of is more rewarding than buying all the celebrity NFTs in the world. I’d rather buy call options on human creativity than tokenized autographs.
- Since the last time ETH was at 4k (in May): -EIP 1559 went live -ETH issuance dropped 57% -Over 2.3B dollars of ETH forever burnt -Arbitrum and Optimism launched -NFT volume quadrupled -ETH staked in 2.0 nearly doubled -DeFi TVL up ~20% 🚀🚀🚀
- Just bought prediction market shares *directly on Twitter* via Uniswap and Augur using Maskbook wallet. Unreal.
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00:00- never be afraid to spend an ATH on a promising up-and-coming artist if you have the conviction
- In early 2021, I bought my first @omentejovem 1/1 for 1.5eth, @GrantYun2 1/1s for 1 and 2.5eth, and a @carav4ggio 1/1 for .77eth It’s easy to look back on these as no-brainer buys, but at the time I was paying ATH or close for these artists that virtually nobody knew or cared
- I’d like to share some thoughts on the current state of the on-chain art market, where I think we go from here, and the opportunities I see. So where are we at right now? Obviously, things are sloow, but just how slow are they? Combined sales volume on SuperRare + Foundation
- Now and the coming months I believe is the peak time to make moves as a collector Not just cause there’s less competition to collect great works but cause artists you collect now are far likelier to still be here in a year or five than artists you collect during the bull
