Banksy entering NFT? (Issue #3)

2021 NFT predictions, NFTX, cryptoart galleries

Sup cool cats! The Fat Cat Fun(d) is two friends (kevinhabits and stevenmeets) sharing weekly news, notes and thots about the exploding NFT space.

🔮 2021 NFT PREDICTIONS:

Devin Finzer (dfinzer.eth) @dfinzer

Welcome to 2021, the year of the NFT.

Courtland Allen @csallen

Prediction: The best indie hacker companies in 2021 will be building tools and platforms to support the creator economy — the millions of people moving online to make a living from writing, videos, podcasting, teaching, etc.

Jake Brukhman @jbrukh

- Influencers will connect and monetize with audiences directly using digital assets - Finance and market efficiency will become predominantly a matter of computer science - Human organization, starting with corporations, will move on-chain

0xB1AdceddB2941033a090dD166a462fe1c2029484 @0x_b1

13/ #Banksy & other mainstream artists enter the crypto art NFT space. TRUE degeneracy ensues.

Brian Flynn 🐇 🕳️ @Flynnjamm

7/ Millions of NFTs will be minted on Ethereum as creators realize the opportunity to sell anything of value on the Internet. The average value of individual NFTs will drop by tenfold in the process as talent floods the space.

Eva Beylin @evabeylin

my 2021 prediction for @egirl_capital was over $50M in NFT sales across platforms, and increasing usage of cryptoart for defi collateral and lending we're off to a great start

Sotheby's @Sothebys

@muratpak 🤔 We are intrigued...

Andrew Steinwold @AndrewSteinwold

@dankvr @nonfungibles Let's just say we are at 50k wallets now. I hope in 2021 we can easily break 500k wallets

KEVIN’S WEEKLY 😍: NFTX

NFTX [Gecko], a mechanism and marketplace to turn rare NFTs into shards, so it can have multiple owners.

Investors can buy “index funds” of different NFTs, the price discovery process gets better, and there’s even a sweet “buyout” feature where you can propose to purchase all outstanding shards from existing holders, to become the sole owner if you so desire.

Similar projects include Rally and Otis.

STEVEN’S WEEKLY 😍: Cryptoart Galleries

One of the first questions for any cryptoart collector is “how do I enjoy my cryptoart?”

Within virtual worlds like Cryptovoxels and Somnium:

Viewing your collection online is fragmented across the different NFT marketplaces. Collectors Hub consolidates across NFT platforms into a single online gallery:

Wanna enjoy your cryptoart in the real world?

You could rig up your own setup:

JPΞG Digital @jpegdigital

This weekend I added a speaker and got it playing music via Spotify. Also synced the Frames via Meural API. Still taking in 'Fusion', 'Extrusion' and 'Sense' by @muratpak and @trevorjonesart from @niftygateway. It's incredible to see this collection evolve before my eyes.

Or use the Async Apple TV app (limited to Async-only pieces):

Artist Beeple went so far as to mail purchasers a digital frame that displays the loop of the NFT:

It’s early days, so the available options are pretty janky. When iPhone moment for cryptoart?

📰 NEWS SNIPPETS:

• $8.2M in NFT art sales in December (almost $100M run rate), with most sales in ETH [Coindesk]

• NFT game Aavegotchi is migrating to Matic Network because of Ethereum's high gas fees [Cryptobriefing]

• TRON launches NFT standard TRC-721 [Tron Foundation]

• Metapurse acquires the entire Beeple Everydays collection ($2.2M). Why? “We feel strongly that Beeple’s entry into the crypto art world is an accelerant for the entire NFT ecosystem.” [Metapurse.fund]

• Blockchain game Axie Infinity had a blockbuster 2020 including parabolic growth, launch of their AXS governance token, and a new round of funding [Axie Year in Review]

• Another week, another DJ (Carl Cox) dropping their 1st NFT collection [@FutureArt_]

• Hip-hop / nerdcore MC Lars had a great podcast interview with a music copyright lawyer, some good advice for all creators [Soundcloud]

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Reply with your questions and feedback. Follow our new Twitter account for real-time updates.

-ttyl, Kevin & Steven