On the heels of our announcements today and resetting the table with our merger + launch of Operation Resurrection, I want to share a little about the thesis I’ve developed about the Web3/NFT industry, specifically around pfp / IP based NFT projects.

There are four essential truths that underpin my thoughts. The first is that 95% that are in web3, specifically NFTs, are here to make money and nothing else. They lie to others and to themselves that they care about the art, community, storytelling, etc. They only care about making money and don’t actually care what the project is, just if it can make them money.

Truth Labs will be launching our own marketplace in the next few weeks, our new home for our entire ecosystem: @goblintown, @secretysociety, @the187.

Royalties will be 5% for all collections, inclusive of platform fees.

The bar will be high for marking NFTs as suspicious.

🧵 Marketplaces, royalties, and flagging stolen NFTs have all been hot topics.

It’s important for communities to talk about these, and no solutions should be off the table.

We have some of our own thoughts on each topic.

Quick thread on the pitfalls of reporting numbers at your startup and what it means internally and externally.

🧵 There are many different #'s your startup can track & report. The most important one is usually called your North Star.

It’s important to choose the right #'s to report as it will have far reaching impact on how the public perceives you & can attract or repel investor interest.

Tomorrow at 12pm ET we are releasing a very cool project @ @truth / Illuminati NFT called David Gahr Decades.

It’s a unique take on NFT Photography with some of the most recognizable icons including Bowie, Dylan, Lennon, Joplin, Warhol, Dali, & more.

davidgahrdecades.com

🧵 The mint starts at 12pm ET tomorrow for IlluminatiNFT Raffle Winners and Allowlist Partner Communities (Moonbirds/Proof, JPEG Morgan, WOW, CPG, etc). Public mint is at 6pm ET tomorrow (June 1st).

The mint price is .09 ETH and there are 4,000 NFTs (made from 1,000 photos).

⚡️Announcing Upstream Collectives ⚡️

An Upstream Collective is a community with a shared wallet. Members contribute funds and vote on proposals together.

The communities of the future are transparent, equitable, and run by their community members.

upstreamapp.com/collectives Sound like a DAO? Basically, an Upstream Collective is a DAO, evolved.

We took the tech stack required to host a DAO, and put it all in one place.

I get asked a lot what NFT should I buy. I tell ppl that most NFT's are going to be worthless so buyer beware. But with that said - at this time - these are my biggest bets so far. Not financial advice & will take a few tweets.

1. @zed_run - own 80+ genesis horses (200+ total) 2. @pixelvault_ / @punkscomic / @MetaHero_ - minted 7 comics and now have 2 full sets + planetary dao set

3. @WilderWorld - bought 5 Wilder Wheels + a ton of the WILD token.

4. @BoredApeYC - have two apes + 1 dog and never selling

In the past 24 hours I've had 5+ people hit me up asking if they just pull the trigger on the Miami move.

They were here for some time in the past 30 days and trying to figure out if it is real or not.

My framework:

In the next tweet because I have no more space... Framework for Miami move:

If you have kids it's a family discussion. It works for a lot of people, but not everyone. Only you can answer.

If single or no kids - you would be crazy not to be here 7 months out of the year for the weather, tax benefits, lifestyle, community, etc.