Art and collectibles on Bitcoin. The number of collectors in the space is small today. However, as tokenization and digital assets become more widely accepted, some of these early works will be highly sought after!
And congrats to @mfigge for having Twelvefold as part of the landmark gift of digital art to @LACMA.
Art on Bitcoin ๐ฅ
You know what I think could bring the NFT bull run back?
A PFP collection other than CryptoPunks that completely separates itself from the rest of the market in terms of floor price.
For example, BAYC trading at 7โ10x the floor price of the next highest collection.
In this market, it's easier for that to happen when liquidity is concentrated in one project instead of being split between 2-3 collections.
But it can't be Punks. They're not the collection that's going to attract the masses that easily.
Whether it's Penguins, BAYC, a new collection, or something else entirely, we need a clear winner.
Once one collection establishes itself as the undisputed leader, big players will enter and the world will know NFTs are back, just like they knew about Apes in 2021.
That collection will be the catalyst that brings more attention to Punks and lifts the entire NFT market with it.