Thread by @DCLBlogger

Getting asked "How to invest in #NFT Art".

So I made a mini 3 vid YT series at the end of this thread,

I'm no 'guru' and still figuring this out so take from it what you find valuable.

1/ 👇

2/ NFT Art collecting/Investing is 2-3 years mature already.

This isn't anything new, it's just becoming more known/blowing up now.

.@SuperRare graph since Jan 2019.

3/ There are multiple ways to 'invest'.

- 1/1, (single editions)
- Multi-editions, (open editions, /10 or /3,000 in some cases, etc)
- Digital + Physical
- Crypto Tokens $B20, $WHALE, etc
- Maybe some I've missed

4/ Single Editions are truly collector pieces, these are the ones that will probably go for super high prices.

The $6.6M piece that sold recently was a 1/1. Bought 3 months ago for $66k, (lol).

I'm scouring the web for good single editions.

5/ Multi editions are an easier entry point for the masses and some can go for CRAZY high numbers, (low mints),

BUT it's also where a TON of speculators and flippers enter. So I'm a little cautious here.

Still, a great way for the masses to participate.

6/ Right after these drops you have people trying to flip.

Then they kind of phase out as new buyer demand buys out the floor.

I try get in near the blue circle after analyzing the event and artist better. AFTER the speculators are on the way out and I know final mint numbers.

7/ So what do I look at in terms of the artist?

- Art, style, I gotta LOVE it
- Personality
- Ability to grow their awareness/socials
- Their collector demographic
- Their minting schedule/frequency
- etc.

This is just me ^ others look for other qualities.

8/ Looking ahead, if this is phase one of a multi-century tradition of collecting digital art than HOLY CRAP we are early.

So I'm just going around buying art that I love and think will have buyer demand.

Some factors that are accelerating these markets,

9/

- People becoming crypto wealthy
- It's fun af
- Social media
- Investment option other than just boring old crypto
- Blockchain makes it easy to transfer assets
- People like to keep their wealth on blockchain
- Speculation/Hype

10/ Future predictions,

- Beeple Christie's auction is going to go NUTS, ($15-$30M), which will bring traditional art collectors to the scene.

- Bitcoin/crypto will 2-3x from here = more buy power

- There will be tops and bottoms but unlike crypto.

Assumptions*

11/ Critical take,

- Market is mostly sustained due to crypto buy power which will diminish in a bear market.

- The lack of utility has collectors eventually selling.

- Speculators driving prices too high.

- Centralized middle parties taking over the scene.

12/ Who knows how this will play out.

But when you're deep in the community collecting, investing, creating, supporting, it definitely feels like it's here for a while.

Considering it's been here for 2-3 years+.

13/

3 vid Mini Series on Art collecting/investing.

Again, no 'guru' talk just sharing what I've learnt. 👇