Despite still in a bear market, @seedphrase has expressed his optimism about generative art more than once. He believes that #GameFi and generative art will become dazzling existences in the bear market, and will become the next biggest narrative.
@seedphrase sold his CryptoPunk #2924 for 3300 ETH and used the funds to buy generative art. I see him buying a lot of NFTs owned by @gmdaostudio, which I’ll introduce below:
gmDAO
@gmDAOeth is a community of #NFT artists, collectors and enthusiasts.
To join gmDAO, you need to hold a gmDAO token.
The gmDAO token initially mints and distributes 1000 tokens using a "fair launch" method, 10 tokens are distributed through daily challenges over 100 days, and unclaimed tokens will be burned every day.
This results in a final total of 900 gmDAO tokens, 848 in market circulation, and the remaining 52 reserved by the Treasury. The current floor price is 3.75 ETH.
gmDAO token holders have governance rights and can vote on proposals for how DAO treasury funds should be handled.
opensea.io/collection/gm-…
Image
gm.studio
@gmdaostudio is a full-service platform created by gmDAO to launch collectibles for generative artists.

So far, 5 NFT projects have been launched, which are,
1. Mind the Gap
Floor price: 1.2 ETH / Quantity: 999
opensea.io/collection/min…
2. Plasticity
Floor price: 0.585 ETH / Quantity: 555
opensea.io/collection/pla…
3. Koripo
Floor price: 0.26 ETH / Quantity: 999
opensea.io/collection/kor…
4. Factura
Floor price: 0.78 ETH / Quantity: 999
opensea.io/collection/fac…
5. Catharsis
Floor price: 0.3 ETH / Quantity: 999
opensea.io/collection/cat…

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More from @RealResearchDAO

Nov 26
Have you ever wanted to get the information on abnormal on-chain transactions of funds in time?

Do you want to seize the ALPHA?

I recommend you a few influencers on Twitter where you can catch all kinds of trading opportunities from their tweets.
Let’s take the following two cases as examples,

1. Just a few days ago, when the price of $YFII was at $4000, I saw a large amount of $YFII tokens flowing into @okx. As of now, its price has dropped to $1100.
2. On-chain data shows that $CRV was shorted by a giant whale who borrowed $CRV from @AaveAave and transferred it to OKX to sell. The price of $CRV subsequently fell from $0.625 to a low of $0.401
Read 15 tweets

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