🧵My NFT Creator Value Thesis based on Banksy👇
Banksy became so big not because his 'art is the best'. It's because his work could be 'found for free' and go on to sell for 6 figures. His name became almost mythical. Instead of Banksy raising his "prices" he did the opposite; Banksy kept making statements that would raise his notoriety. None of these works were for profit, but instead were for dialogue. This hit its peak with the Israel/Palestine piece on the dividing wall. News cycles forced a goldrush to find Banksy works to sell. Banksy made zero.

I've found recent success as an NFT creator, sold out my drops in minutes and can probably quit my day job soon. All without ever selling on @SuperRare @niftygateway and choosing not to use my @withFND account to sell with.

Here's how 👇
Community: Before minting anything, or even revealing I was an artist - I spent 9 months being a collector. Engaging with the communities, discords, making friends, making this new twitter and starting from 0. All followers were 100% peers and web3 fellow collectors.

Let's discuss @muratpak Merge from the little we know. The inference is that if you claim a Merger, you can only ever have one. As any other Merges that touch your wallet will 'combine'. We can have an early deduction of two things here: 1. The price of Merge is going to be absolutely skyrocket, since whales cannot hoard many. Oh sure you can play the multiple wallet game but it's unsustainable.
2. Who in their right mind would sell their M if they can only hold one? That's a real dilemma for a flipper.

How NFT and Twitter are changing the Auction Houses-

In March @Sothebys announced they were working with "the leading NFT artist" @muratpak, and something interesting happened: They garnered more engagement then ever before.

This is incredible for a few reasons; A Thread - Both @Sothebys & @ChristiesInc have struggled to garner online engagement with auctions of: Rare watches, masterful Impressionist paintings, and even original Van Gogh's. Whilst these pieces DO sell, they are not engaging "new" collectors. It seems its quite the opposite.