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Crypto is eating the world.
Perhaps the most interesting trend right now:
NFT projects are becoming global brands.
For example, #BAYC is now a globally-recognized brand with a market cap of almost $3 billion.
What does this mean? Where are we headed?
👇🧵
Perhaps the most interesting trend right now:
NFT projects are becoming global brands.
For example, #BAYC is now a globally-recognized brand with a market cap of almost $3 billion.
What does this mean? Where are we headed?
👇🧵
Consider, everyone who owns a Bored Ape has commercial rights to that ape.
Meaning, they can produce their own clothing, TV shows, and more.
Creative Artist Agency (CAA), the largest talent agency in Hollywood, has a Bored Ape as a client.
That's insane.
Meaning, they can produce their own clothing, TV shows, and more.
Creative Artist Agency (CAA), the largest talent agency in Hollywood, has a Bored Ape as a client.
That's insane.
This model has turned Bored Apes into a marketing machine.
Cryptopunks, by the way, don’t give commercial rights. They are instantiated into crypto art history, so they don't need it.
But I think it's the reason why BAYC flipped punks.
But here’s why this is interesting…
Cryptopunks, by the way, don’t give commercial rights. They are instantiated into crypto art history, so they don't need it.
But I think it's the reason why BAYC flipped punks.
But here’s why this is interesting…
