Is Art The Best Play in NFTs?
Breaking down the future of NFTs
The best investments in NFTs have been around historical value (Crypto Punks) alongside generative art such as various artblock collections.
NFTs have done an excellent job of turning people into traditional art fans. Thus curated drops through Artblocks have performed exceptionally well, proof of concept.
However many of these drops carry a price tag unrealistic for the average investor; so what’s the play?
Let us look at what we know.
People are growing weary of team execution risks.
Art has sustained its price better than most pfp projects.
The few art passes that have dropped have done well thus far
These indicators suggest the market has an appetite that isn’t being fully exploited. Expect this area to explode in the coming years.
What You Can Do
Look for quality art passes.
Are there any passes available that have teams behind them who are executing their promises? It only takes 1 drop to go well, to put them on the map.
Discover Up-coming artists
Join artblocks discord; research upcoming artists. Follow individuals who are knowledgeable in this niche on Twitter. It’s about putting in the work to get the facts.
Tip: I’ll be interviewing people on STB Radio who can provide knowledge on these topics over the coming weeks. Available on Spotify or listen live on Twitter Wednesdays at 7:30pm est.
Bonus Tip
Here are three passes that I am currently optimistic about. This is not financial advice; merely a heads up.
Avaitzer (fp .07)
https://opensea.io/collection/avatizerGen.Art (fp .09)
https://opensea.io/collection/gen-dot-artThe Art Pass By Inconic Moments (fp .34)
https://blur.io/collection/iconic-moments-the-art-pass