Today I proudly secured two pieces (#2 Adrift and #3 Leap of Faith) from the talented artist @TheFallenSol 's debut collection series which will be made of 13 1/1s.
If not for the holoplex rug, I may have secured all three.
Why? 🧵 on an early look in my 1:1 journey
Before doing so, I am candidly not an expert and just started my acquisition of 1:1 art.
This 🧵may seem elementary for more sophisticated collectors. I'm sharing because I fully expect more people to start dipping their toes in this 1:1 NFT space.
The influence on my understanding of this space is shaped by many around me.
King boogle @softmoneyinc wrote an excellent thread of his journey just yesterday that gave me the extra push to participate in more 1:1 auctions this weekend.
So many people to learn from and share this passion with
My first 1:1 non boogle piece was from @0xlxxr and I'm grateful that I was able to secure it. It will hold a special place for me now. He's so talented.
I believe this start is what I will have guide my personal journey in collecting...
The art has to connect with me immediately and invoke an emotional response. I want to know more about the artist and the motivation.
Unlike most of my investing in NFTs, I have no way to value 1:1s, so I chose not to. I will bid as strong as the art speaks to me.
So this brings me back to why I attempted to buy all 3 pieces of @TheFallenSol's debut collection.
Drawn to the art but I read "These first three pieces will always hold a special place in my heart... They are my leap of faith."and it just hit Ape in me
Many of us have been in a place at a time without direction. I've had to find myself adrift a few times in life. Dark times but a light beyond. Eventually, we must all paddle forward through still waters.
Leap of Faith. As an entrepreneur, understand this deeply. It's also what connected me to @TheFallenSol take his leap. Depth here in the work blew me away.
Without knowing what comes in the next 10, this to me was the signature piece of his artistic journey. Grateful to own it.
My journey into 1:1s is going to be a personal journey of emotion, beauty and connection. Yours may be too.
What I've shared in my connection to the pieces are personal insights about myself. They "speak" to me about my past or present and capture that emotion in art.
Connected with @TheFallenSol after the auction and the "Leap of Faith" speaks even louder to me. Will be a proud collector and vocal supporter of his art and journey now
13 pieces in this collection of his 1/1s. Only 10 remaining. Under the radar now but won't be for long.
I would be remiss to leave out @A2KDeFi who's introduction to @exchgART also helped me better understand the growth in this space. Can't wait for their auction launch process. I may have owned all 3 pieces of @TheFallenSol then.
For the new followers, Pengu used to write long threads to share insights into my thinking. I've not recently due to the time constraints to do so but felt this was an important topic to shed light as I've now publicly bought 3,169 $SOL into $BONK in 3 weeks
This is my thesis on WHY $BONK will outperform $SOL
But 1st- I'm a core contributor of $BONK and can directly benefit if number go up. I trade around my positions and can sell at any time. All my info is for entertainment purposes only. This is NFA. You should NOT take investment advice on twitter. I'm just a Pengu online
Before this comes across, I'm bearish $SOL it's quite the opposite.
$SOL is the darling of this cycle and continue to believe this is true. Pengu was betting heavily when people were scared to deploy capital into $SOL and accumulated position in the bear
Claim's of Solana's successor already declared auto-Matic winner.
Let's take a deeper dive in comparing the two chains.
It's time for a Pengu 🧵
As a bit of background, I was a power user of Polygon when defi farming. There were rich reward incentives w/ Matic and used AAVE, Sushi and Curve there.
It was cheaper, faster and smoother experience than defi farming on ETH L1. (using an ETH pengu for emphasis)
Business Development (BD) team at Polygon has been crushing it w/ their web2 client wins. With each new big brand they get in partnership, easier the next one is.
This reduces career risk for web3 initiatives. There used to be a business saying, no one gets fired for buying IBM
We have an intimate tight knit community. There were many events but we often organically chose to spend time together. We're a small project but rolled deep and had big presence where we went.
Before I fade away for the weekend, have been asked my thoughts on the recent @MagicEden announcement on optional royalties.
My initial thoughts... they may surprise you.
First couple disclosures - I have no financial investment in ME. I have investments in competitive products/exchanges to them. Arguably better for me financially to see them continue to lose share.
Second - I feel they've handled themselves with community poorly and could invest in a seasoned IR/ PR / crisis management team or external firm. They've had some large public mistakes.
This situation was no different from what I hear about their spaces.
On the week of the @solBOOGLE FINAL auction #100 and the high level of interest we received, sharing some thoughts on the invitation to join the premier network, luxury brand and exclusive community on Solana.
A mega 🧵 on history, price, journey and future of BOOGLE
But 1st- this is not a paid tweet. I own my own bags and directly benefit from number go up. I trade around my positions and can sell at any time. All my info is for entertainment purposes only. This is NFA. You should NOT take investment advice on twitter. I am a Pengu online
I size my trades based on my portfolio and risk tolerance. Do not copy pasta. You shouldn't invest more than you can afford to lose. I am often wrong and will be again. We're in a bear market, the key is to survive. No FOMO, make risk adjusted bets and capital preservation