to make it interesting (and get more eyes on this experiment), i'll open up a 5th slot and award at random to someone who RTs the top tweet.
all reserves met, auctions rolling
🙏
conceptually speaking (without getting too high art about it) this is a bit of a prototype of what I believe the future of work looks like for lots of us
trade reputation in real time
a liquid market for talent
practically speaking, this entire thing runs on proof of work
the business of art depends on return on investment for collectors
will piece x sell for more than you paid for it?
will person x create more upside than you paid them for?
if the answer is no enough times in a row:
artist x fades into obscurity
business x ceases to exist
it's markets all the way down whether you like it or not
"there's no such thing as a fair fight"
crypto makes markets more liquid, which makes outcomes more extreme (in both directions)
I have oscillated between trying to carve out some separate artist persona, limiting supply, forking "brands" if you will — it's knackering
what I hope to achieve with this experiment is to convince people that you don't have to pretend
publish work, think out loud, help people
everyone's an artist but not everyone finds their collectors
would these auctions have kicked off without distribution?
almost a zero percent chance
not often talked about, but will continue to get more and more acute with time