gmoney.eth Profile picture
25 Feb, 11 tweets, 3 min read
1/ The Metaverse Isn't Coming...

It's already here.
2/ When people think of the metaverse, they think of places like @decentraland and @cryptovoxels, and think it's going to be years before we're living in the metaverse. But that couldn't be farther from the truth.
3/ It wasn't until I started becoming active in @discord, that I realized just how "real" these communities were. First it was through people's avatars. Their appearance towards the community.
4/ Then I saw just how close people were. Anytime there's a big Punk sale, I immediately log in to the discord to share in the excitement with my family. The same with Artblocks, as everyone gets ready for the next drop. Almost like each server is a local town square.
5/ But then I started noticing more interesting things. As an anon, one would think that I would have trouble building trust and a reputation. But I have now been asked to act as escrow on some trades a few times, for people that have never met me.
6/ And to take that ANOTHER step further, I've had 6 figures dealings with other users, based on trust alone on both parties! No contracts. No escrow. Just trust. Which blows my mind.

We are seeing the social dynamics we have lived in for thousands of years play out online.
7/ Even though I might not know a person's real name, or what they look like, relationships and friendships have been formed. This has happened over and over again.
8/ I have recently been asked to be in some major publications, but only on the condition that I dox myself, bc we are taught that is the only way to have credibility. But if there's anything that I've learned the last few months, is being being dox'd doesnt give more credence.
9/ More important than that is your reputation. Your name is really irrelevant. I think we're probably closer to some sort of social credit/reputation system than people think. I see it in the DeFi as well as the NFT metaverses.
10/ But to see how well people interact makes me not only incredibly bullish on the space, but also incredibly bullish on humanity. People generally do the right thing. Relationships and friendships can be formed from behind a screen. People are connecting.
11/ The metaverse is here now.

And it will only get more immersive going forward.

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More from @gmoneyNFT

14 Mar
1/ Scale

This past week, a TradFi person asked me, "How do I own 25% of the next Graph?" I told him, "You don't. That's not what the blockchain ethos is about. If you owned 25% of some protocol, it would most likely be worthless." But this got me thinking.
2/ For the last 2 decades, one of the most repeated buzzwords by founders and management teams has been the word SCALE. And rightfully so. People want to maximize efficiency. The faster you get to scale, the more profitable you will be.
3/ But people will generally focus on scale towards the high end, not necessarily towards the low end. And rightfully so. If your objective is to maximize profit, you want to be as efficient as possible. That makes sense.
Read 7 tweets
4 Mar
1/ When people ask me, "What are the possibilities with NFT's?", I tell them it allows people to be as creative as they want to be.

The next evolution isn't just for art, it's for anybody that is creative enough. Let's take a look at some that popped up on my feed recently:
2/ Subscription to a weekly magazine with commemorative covers:

Read 6 tweets
17 Feb
1/ The beeple Christies Auction and how to be part of history.

@beeple made history in Dec when he did $4 million in sales over a weekend. The open editions have been freely trading since then, but all of the 1 of 1's, were bought by @MetaKovan.
2/ He then packaged all the 1/1's into B20, where owners of the token would own a piece of the 20 originals, as well as the museum they are located in in the Metaverse. More info on that here: b20.whalestreet.xyz
3/ Yesterday, it was announced that for the FIRST TIME EVER, @ChristiesInc will auction a fully digital, NFT-backed piece of art. It will be a 1/1 edition. Immediately following this news, people started delisting open editions, and raising prices way higher.
Read 12 tweets
17 Feb
1/ A Thread about NFT Patronage

About 2 weeks ago, I noticed @TwerkyPepe commenting on my posts, and posting his funny twerky gif's. Each time I saw one of these variations I would laugh, as I found them to be pretty funny.
2/ So I decided to reach out to him, and asked him if he wanted to collab and do one of my ape. He accepted and began to make a version for our drop together. When it came time for the drop, I tweeted about it a few hours before.
3/ He immediately sold out of all his old drops that hadn't been sold up until that point. About $7-8K in sales in about 20 mins. BEFORE our collab even went live. He wrote to me to tell him that I changed his life. I felt good that I was able to help him out. It gets better.
Read 9 tweets
14 Jan
1/ I fell into the NFT space by accident. I was on twitter and I saw someone tweet about a @CryptoKitties shard that would trade as $LICK on @NIFTEXdotcom and how it was going to 3x real quick bc it was so undervalued.

#30daysofnft
2/ After some quick DD(which admittedly wasn't much), I decided to put some eth in at a 50 eth valuation. Was planning on being out within the week with some healthy profits. That however didn't turn out to be the case.
3/ $LICK quickly traded down 50%, and if I tried to get out, I would've slammed it lower. The cool thing about the shards on @NIFTEXdotcom is that you can offer a shotgun buyout, so either I could buy everyone out at a price, or they could buy me out at that price.
Read 12 tweets
7 Jan
1/ Why did I purchase a 24 x 24 pixel image yesterday for 140 ETH?!??! (a record in USD)
2/ The world is without a doubt moving more digital over the next few years/decades. Covid has def accelerated this transition, but there is still some work to done, specifically on the tech side of things.
3/ But that doesn't mean that the digital revolution hasn't already started. CryptoPunks are the first ever NFT. There were only 10,000 of them ever minted, each with their own sets of attributes.
Read 11 tweets

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