GM…The past few days have been quite phenomenal
To have individuals from different parts of Web3/Art culture come together and galvanise the community is something quite special
Thank you to @jackbutcher@beeple@notthreadguy for giving many people so much joy
On Creator Royalties
Everyone that said abolishing royalties would be -ev for holders has been proven correct
I would struggle to name 5 PFP projects that currently have incentives aligned with their community
Messaging and demeanor of most teams has done a 180
I’ve worked in multiple Web2 firms over the years. One common theme, Iv seen at board level & at leadership level said by all the founders
“When we generate revenue & profits, we reinvest in our people & the business”
In the most part that sentiment isn’t in Web3
@Legendary_NFT Tbh if you’re cool with what you’re doing and content … why do you even care to respond. Just do you and keep it moving. Not every comment is people wanting you to fail. It can be just an opinion
2/3
Here’s the premint page for the 3D Friends raffle.
Make sure to read the rules & instructions carefully before applying.
https://t.co/0ekUay4o0j
We're thrilled to annnounce our 𝗠𝗬𝗦𝗧𝗘𝗥𝗬 𝗗𝗥𝗢𝗣 𝗚𝗜𝗩𝗘𝗔𝗪𝗔𝗬.
How to be eligible for it?
🗑️ Follow + NOTI ON 🔔 for @garbagefriends & @_typicalfriends & @OozeFriend
🗑️ Like / RT this tweet
🗑️ Tag some garbage friends
𝗪𝗵𝗮𝘁 𝗶𝘀 𝗠𝘆𝘀𝘁𝗲𝗿𝘆 𝗗𝗿𝗼𝗽 ?
• Mysterious & rare designer editions. Each drop comes with mysterious objects.
𝟭 𝗠𝘆𝘀𝘁𝗲𝗿𝘆 𝗗𝗿𝗼𝗽 = 𝟭 𝗚𝗙 𝗺𝗶𝗻𝘁 𝘀𝗽𝗼𝘁
Coolest thing I saw on chain this week was a lender giving a stranger a $35,000 loan at 12% APR using a Patek Phillipe as collateral
Borrower sent the watch to an escrow company who then sent back an NFT that represents ownership of the watch
Borrower then listed the NFT on Arcade, accepted the best loan offer on it, and then the NFT was transferred to an escrow wallet until the term is up or the borrower repays
The only way to get the watch back is by burning the NFT so if the borrower defaults the lender can claim the watch
Lender doesn't even have to know the borrowers name, they just have to know that they are the rightful owner of the watch - which is what the NFT does
Sure, you can just go get a loan at your local pawnshop, but tapping into global liquidity versus local liquidity will always eventually land you at the best rate (This market is young so we aren't there yet)
Just the tip of the iceberg for whats to come for proving ownership of Real World Assets using NFTs
I rarely sell any of my NFTs. I bought them because I connected with them.
However one of the greatest joys is when someone reaches out because they have connected with one you own, shared their IP plan, and by selling to them you’re able to be a part of THEIR dreams.
Big things to come from @themintgoat