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NFTs are finally about to matter.

If you’re still in the nft space, read this.
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This XCOPY just sold for $660k

you know what this means
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vangoya retweeted
I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.
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i'm more bullish on the art side of nfts, but i'm optimistic about the ip side too

art can take years to find recognition. that's a long wait for collectors, but also for the artists who put themselves into the work

ip can catch fire overnight. the attention, demand and speculation can arrive all at once

but when hype moves faster than people's attachment to what's being built, demand can disappear just as quickly
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someone just paid $203,000 for this Bored Ape

86.5 ETH in the middle of one of the worst NFT markets we’ve seen
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someone just used a zombie cryptopunk as collateral for a $250k loan

imagine explaining this to someone outside crypto
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NFT market cap is down to $1.5B

Starting to look like everyone actually left
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bored apes are entering LACMA’s collection, pretty insane when you think about it

one of the most prestigious art museums in LA
Bored Ape Yacht Club is joining @LACMA as part of a landmark gift of 200+ works spanning the history of digital art.

Eight BAYC and MAYC NFTs were donated through @DigitalArtMove, an initiative originally approved and funded by the ApeCoin DAO.

Congrats to everyone involved.
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vangoya retweeted
1/ On Squiggle #6529

I would like to explain why we are excited about “buying a Squiggle”

While Squiggles are, in fact, sweet, the exciting part is that every part of this process happened in a decentralized manner.

2/ @aRegularDad proposed a Meme Card to fund a Squiggle acquisition.

81 profiles participated in the Main Stage vote and voted with TDH to mint this as a Meme Card

The card won. 77 paid editions were minted, providing 2.51 ETH for the acquisition.

3/ @cheesebiz and @bankons helped scout and connected @squiggleDAO . SquiggleDAO suggested trying to acquire Squiggle 6529

The price was 3.01 ETH, so @MadaCollects who had been following the discussion, chipped in another 0.5 ETH to the pool (respect!)

4/ The seller wanted to stay anonymous, preserve the provenance (no intermediary transfers) and keep their vault secure.

Ultimately, the seller trusted SquiggleDAO and 6529 network and sent the Squiggle directly to the 6529 Network Museum before receiving payment.

5/ Reminder: What is the 6529 network museum? It is a SAFE vault organized by TDH, owned by the network, a cultural asset, NFTs go in, but ~they do not go out.

It is the network-native concept of a national public museum

6/ Finally, one more step to replace the temporary art on the card with something appropriate for the long-term. Well, another TDH vote of course.

@ricardotakamura won with THE VAULT, a long-exposure light painting made at Casa NUA in Brazil.

7/ So to recap:
- Decentralized network mints a meme card to buy a squiggle
- Decentralized network picks which squiggle to buy
- Decentralized network updates the art
- Decentralized network permanent home for the squiggle

8/ What was my contribution to any step of this project?

Nothing at all. I was not involved at all in any way.

I had a vague awareness that it was happening, but was not following any of the details, let alone helping.

9/ Now, some of you are thinking “ok, fine, that is cute, the NFT nerds are collecting NFTs again”

Maybe.

Or maybe collecting NFTs is a generalizable proof of concept, and there is no actual limit to this primitive.

We will see soon enough.

10/ Thank you to all who organized, the voters and everyone who minted.

Great job by all.
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The NFT market isn’t bad anymore, it’s practically at zero.

something needs to change.
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someone just paid $56m for this Monet painting, and meanwhile we're struggling to find someone willing to pay $1k for a jpeg
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might be time to rotate into art nfts while everyone else has completely given up on them
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over $1,100,000 in cryptopunk sales in the last 24 hours

not bad for a dead market
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vangoya retweeted
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vangoya retweeted
Johann Sebastian Bach is the Shakespeare of music. Best there ever was.
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someone claimed this hoodie CryptoPunk for free in 2017

it just sold for 145 ETH ($353,293)

what a ridiculous trade
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nft market on life support and punks are still trading for six figures
Punk #1424 bought for 53 ETH ($126,825 USD) by 0x60de...72dc from 0xcafb...8602 cryptopunks.app/cryptopunks/de…
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eth will have its moment again

and if it doesn’t, fuck crypto
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vangoya retweeted
Anomalies in the matrix are inevitable
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can we please stop sending miladys to zero
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vangoya retweeted
We got flying cars before another NFT bull market
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