Blue Chip NFTs

Discussion in 'Crypto Assets' started by Sprout, Dec 10, 2021.

  1. johnarb

    johnarb

    I just found that one on google, was looking for the meme image, but could not paste that one so settled for this
     
    #41     Mar 25, 2022
  2. Sprout

    Sprout

     
    #42     Mar 25, 2022
    johnarb likes this.
  3. Sprout

    Sprout

  4. Sprout

    Sprout

    Dang, contract got gamed, lot's of failed transactions and folks getting rekted. Fortunately, after seeing that etherscan pending transactions didn't look right, chose not to mint.

     
    #44     Mar 28, 2022
    johnarb likes this.
  5. Sprout

    Sprout

    This is why Pak
     
    #45     Apr 3, 2022
  6. Sprout

    Sprout

    Great interview, lots of historical context from an OG in the space.
     
    #46     Apr 3, 2022
    johnarb likes this.
  7. Vettel5

    Vettel5

    What are the categories of blue-chip NFTs and what are the risks involved in them?
     
    #47     Apr 4, 2022
    Sprout likes this.
  8. Sprout

    Sprout

    Broad categories are Collectibles/Fine Art/Utility

    Collectibles can be further distinguished by AlphaAccess-exclusive Memberships/Fanbase/Celebrities/First Movers

    Fine Art can be further distinguished by Generative Art/Digitally Native Artists/Traditional Artists/(most likely musicians would fit in here)

    Utility can be further distinguished by coupling with traditional assets like Subscription membership/Financial Products/Locked Liquidity/Voting Rights and Bribes

    The landscape is evolving quickly. Most get attracted to the quick flipping of PFP projects created by Fiver graphic artists of animal farm remix cartoons. If one has the capital and the correct tooling, this can be very lucrative with intimate knowledge of smart contracts creating alpha. However this market is very saturated and will continue to become even more so.

    It's all risky. But generally the projects that create true innovation by well-established digitally native artists have shown the most durable value and will continue to do so since their work has the element of provenance and their medium is "of the times".

    Traditional Artists attempting to bridge works on traditional mediums to NFT's most likely will not have as much upside as say programmer-artists whom been in the field prior to the great NFT bull market of a year ago. The programmer-artist can create unique game mechanics that allow artwork to evolve through user initiated events/market events or time.

    The basic notion around the current sentiment of NFT's are that NFT trading is for folks that wanna be rich vs those investing in traditional art are already rich and seeking to preserve wealth - therefore the digitally native programmer-artist occupies a highly sought intersection of wealth growth and preservation.

    Those that have done well in crypto are generally crypto bullish and seek to diversify in a medium that has changed their lives as well as in digital assets that has more emotional appeal than just trading crypto tokens.

    Thus the appeal of Pak. Some might regard his/her work as visually unappealing but his/her pushing of the medium is unparalleled. Pak is whom got Beeple into NFT's which resulted in the largest NFT sale at the time. Pak also developed Archillect which is an social media AI bot that scans for visually stimulating images prior to them going viral and has the largest social media following of it's kind.

    I admit my bias is in Pak and it is solely from researching his/her work.
    I also admit that I missed the BAYC potential due to my bias.
     
    #48     Apr 4, 2022
    johnarb likes this.
  9. Sprout

    Sprout

    There's a product called defillama which provides a dashboard of capital flowing in/out of the space.
     
    #49     Apr 4, 2022
    johnarb likes this.
  10. johnarb

    johnarb

    Hope ok to post this here

     
    #50     Apr 4, 2022
    Sprout likes this.