Art is one of the few disciplines that fuses aesthetics, history, politics, philosophy, psychology, and material culture into one. From cave walls to code, to know the history of art is to know the evolving story of humanity.
Great outcome for the CryptoPunks IP - very glad to see this happen. Beyond being good for the CPs, it is good for the maturity of the NFT space.
I think the stable outcomes for NFT Art IP are either: a) non-profit foundations like this or b) CC0
26/ Intrinsic goods are the best goods in the world.
They never go out of style, they never break, they never disappoint you. They are what make most people the happiest if they can Make It to this stage
@clairesilver "Being good in business is the most fascinating kind of art. During the hippie era people put down the idea of business. They’d say 'money is bad' and 'working is bad.' But making money is art, and working is art, and good business is the best art.” - Andy Warhol
wrote about the Haring NFTs to be auctioned at Christie’s next week, which propose an important standard for using the blockchain to sell and preserve historical works of digital art https://t.co/XlfDWcZ8Vj
6/ I imagine we will see many different business models emerge as creators move away from simply relying on royalties.
These will likely vary by type of digital object (e.g., 1/1 art, avatars/PFPs, gaming assets + land, etc.) vs. a one-size-fits-all model.
All the charts in this thread can be found on my new 𝗡𝗙𝗧 𝗥𝗼𝘆𝗮𝗹𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗠𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲 𝗙𝗲𝗲𝘀 @DuneAnalytics dashboard💰🏪
Dashboard: https://t.co/lSLY5lzdWR
2/8
@Greekdx Yep, and the metagame has always been to convert short term social capital - most CT hyped stuff - into long term cultural capital - things that don't need Twitter (Art etc.).
The time-dependent value discrepancies is how one builds a great art collection at minimal cost, imo...
If you have to choose between buying a house or a car, always choose the car.
a car can be a house and you should always prioritize motion.
🚗>🏠
This is obvious.