Thread by @DCLBlogger

Artists will become the next wealthy.

Not joking nor exaggerating.

Here's why.

Thread 👇

1/

2/ We all know the power of NFTs by now so I'm not going to get into it.

Read my pinned Twitter thread for a refresher.

'Tokenizing' digital artistic efforts is now possible.

Music, Digital Art, Videos probably even a damn Tweet will be made an NFT at some point.

3/ So what now?

Some artists will accelerate ahead as Collectors, for whatever reason flock to a specific Artist.

Collectors are mostly crypto 'rich' and considering the nature of this space, don't mind throwing some $ around.

Diversifying?

4/ This is where it gets interesting.

Artists are the best judge of great art.

And now they have $ from selling art.

Why wouldn't they become Collectors themselves?

Already seeing this happen.

5/ Artists will sell art.

Then buy more art.

Maybe from their immediate circle of friends.

Wealth will be distributed across an artists network.

Entire social communities will get into it.

6/ More new Collectors will join the space,

Get rich from crypto cycles,

Buy more art,

The more wealth crypto investor accumulate, the more $ they spend.

Have seen this happen during 2017 bullrun.

Eg $170k CryptoKitty sale.

7/ Ofcourse not every artist will make $

But every artist has the same platform of opportunity.

So keep fine tuning your art, see how other artists stand out, (market themselves/grow their awareness channels), Collab, keep evolving.

8/ we are <1% of what we'll be in the coming years.

My prediction is GLOBAL Wealth will move to blockchain.

Much of this wealth will distribute to a variety of digital assets.

Art being a major one of them.

9/ This, coupled with Artists redistributing that wealth will create a strong structural foundation for this industry to grow.

NFT video tutorials are coming. I'm half way done.