Decentral Lens

Deep Dive: Traditional Art Transition To Web3

January 03, 2024 Decentralized Dawn Season 1 Episode 17
Deep Dive: Traditional Art Transition To Web3
Decentral Lens
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Decentral Lens
Deep Dive: Traditional Art Transition To Web3
Jan 03, 2024 Season 1 Episode 17
Decentralized Dawn

This episode delves into art, specifically focusing on street artists The London Police's entry into the web3 space. The hosts, Chicago and Disco, discuss Disco's personal connection with The London Police as a collector of their art and his eagerness for their web3 involvement. They critique the launch's potential shortcomings due to minting on VeVe instead of platforms like Bitcoin Ordinals or Ethereum NFTs, highlighting their frustrations interfacing with VeVe and the KYC requirements and non-transferable ownership on VeVe. 

The conversation shifts to the broader implications of NFT collecting, debating the future of digital art and the potential dilution of decentralization principles in favor of hybrid user experiences. They emphasize the importance of guiding traditional artists in their digital transition, citing successes like Beeple, Damien Hirst, and Murakami. 

The episode also underscores the value of self-storage for collectors and the exploration of diverse digital art platforms. Chicago shares his experience with Stranger Things NFTs on Candy during the show's latest release, while Disco offers insights from his journey as a new NFT collector.

The Decentralized Era is just beginning. Come join us on the Socials:

X | @decentralpod | @chicag0x | @disc0x
YouTube: @decentralizeddawn
Web: https://decentralpod.com/

Show Notes Transcript Chapter Markers

This episode delves into art, specifically focusing on street artists The London Police's entry into the web3 space. The hosts, Chicago and Disco, discuss Disco's personal connection with The London Police as a collector of their art and his eagerness for their web3 involvement. They critique the launch's potential shortcomings due to minting on VeVe instead of platforms like Bitcoin Ordinals or Ethereum NFTs, highlighting their frustrations interfacing with VeVe and the KYC requirements and non-transferable ownership on VeVe. 

The conversation shifts to the broader implications of NFT collecting, debating the future of digital art and the potential dilution of decentralization principles in favor of hybrid user experiences. They emphasize the importance of guiding traditional artists in their digital transition, citing successes like Beeple, Damien Hirst, and Murakami. 

The episode also underscores the value of self-storage for collectors and the exploration of diverse digital art platforms. Chicago shares his experience with Stranger Things NFTs on Candy during the show's latest release, while Disco offers insights from his journey as a new NFT collector.

The Decentralized Era is just beginning. Come join us on the Socials:

X | @decentralpod | @chicag0x | @disc0x
YouTube: @decentralizeddawn
Web: https://decentralpod.com/

Speaker 1:

Welcome to Decentralized On, where lifelong friends Chicago and Disco navigate the ever-evolving crypto landscape With genuine curiosity and a commitment to nuances, our North Star. We offer clear-eyed exploration. Our goal To empower listeners with the tools and insights needed to flourish against decentralized age Kind of ties into something that I really wanted us to be able to explore and discuss in this week's show, something I've talked about a few times before, and if you look over my shoulder you'll see a piece of art with a green image and then this robot character which is called a lad. It's from an artistic duo called the London Police that are based out of Amsterdam. They've been developing this incredible street art for at least the past decade or so. I got turned on to them when I went to an art Basel five or six years ago. I just fell in love with the aesthetic and the vibe. They get commissioned to do street murals in different cities across the world. One of them draws these perfect circles freehand and then they implement characters and stories.

Speaker 1:

Ever since I saw them, I started collecting traditional pieces and I got a handful around the house. I always was thinking that would be such an interesting project to see them evolve and transfer into doing NFTs and get into the digital space. Last week it drifted out that they started leaking some news that they were going to start going digital and they were going to do a drop. I could hardly stand myself. I was so excited. I was jumping up and down. I'm like I got to get in. I can't wait. This will be a perfect. The world is mine. Finally, things are catching up to what I thought and I'm so glad that somebody got through to them to explore this.

Speaker 1:

You have Art Basel and we talked about that last week where there were so many different projects that were highlighted and it really showed the stickiness and the beauty of digital art and generative art and everything. From that perspective, it leads you to have these thoughts of what traditional artists would be able to make the switch and there's been a handful that have done it, that were big players and everything, and they did it more the traditional way from going into NFT side. I was so excited about this. Then I saw a post about the London police are going to be doing their inaugural digital drop on VV. I think is how you pronounce it. It's like capital V lower KC. Capital V lower KC. I jumped in there. I was like what is this? To be honest, I wasn't familiar with the platform and I didn't know anything about it, but basically it's positioned as a platform for buying and selling digital collectibles. I think that it's very strategic in their play to not use the word NFT, which leads me to a whole other sidebar conversation of are they?

Speaker 2:

buying about that Digital collectibles.

Speaker 1:

But think about it were that many people burned by NFTs that it really is something that they can't touch and I think it's got to stay. I think it makes sense to stay. I'm down with the pure play side. It's a crappy name.

Speaker 2:

Let's just call it for what it is. It's a crappy name, it's the one that's stuck, but at least when you hear NFTs non-fungible token, it means that you probably hold the private keys to the artwork that you bought.

Speaker 1:

Right. So, anyhow, just thinking about all that, and I went in and my first flag that things were going to be different than what I was used to in terms of a more pure Web3 experience of collecting NFTs, aka digital art was you can check out the site, but if you want to buy anything on the site you have to do full KYC. So I had to upload driver's license and do all that. So right there it's feeling significant.

Speaker 2:

You're buying a digital picture online. You're not even getting a poster of this thing and you're KYCing. How is that not overreach? What does the government think? Like this, these things are just going to make like millions of dollars overnight. To me it's just such an odd overreach. Anyway sorry to just go.

Speaker 1:

Yeah, and I probably would have wiggled off the hook if I didn't have this kind of pent up passion for the art overall and have already been collecting. So I was like, of course I want to have their first digital drop and be involved there. So I kept going with the process. Then they had a full waitlist a half hour before, joined the waitlist before the drop. I didn't get it and I was like, ok, I'm screwed, I don't know what to do.

Speaker 1:

Then I find out as I spend more time on the site that they have their own secondary market. So it's just baffling to me Is this where things are going to go, where it's just this hybrid faux web three in a web? Two, you know, because they built the thing on Ethereum, they use NFT or they use blockchain technology to certify rarity and authenticity and ownership, yet then you have to do full KYC. They said that, oh, part of why we do it this way is that we can control what mints. So we're controlling the quality of you know what's happening there, but it just I have quality.

Speaker 2:

What does quality mean? Like the digital artifact? I don't know.

Speaker 1:

That's what I'm saying. So all of it is just so icky kind of to me I don't get it. And when you scroll through just their main site, you know you're seeing Coca-Cola, disney, marvel, dc Comics are all on board with this and it's just I don't really understand it. You can pay, like you go in and you can use a credit card to buy gems is what they call it and then gems can convert they're like a one to one to dollars, so it's a real simple conversion there. But then they also have another option for their own native currency which feels very tokeny and very reminiscent of, you know, web three.

Speaker 1:

So I just get so confused by kind of this, I don't know, this odd merging of the technologies. And it's so saddening to me that I have these artists that I really respect and have been, you know, following and super excited about you know, okay, they're getting into this and then seeing it kind of feel like a big asterisk in terms of, well, we don't really trust web three, we really don't trust, you know, nfts, and so it's just getting away from kind of the spirit that would get us so excited about a real transformation. So I don't know, I don't really know where I land on it. I just wanted to talk about it.

Speaker 2:

I do, I know where I land on all this stuff. So here's my biggest yeah, let's, let's.

Speaker 2:

I mean, we've taken the gloves off for everything else, let's do it here too. So the art I love the art on your wall. You've been telling me about the London police forever and you know I definitely would have wanted to buy stuff and you let me know about this. And the second I went on this site I was like, oh, red flag, another red flag, like you have to have KYC, you have to log in. I'm like it's not even worth it. And here's the kicker for these that are the big no for me and kind of the bummer why you know, if Marvel and everybody's kind of going this route, you should never have to log in, like literally with an email and password, to a website to view your collectible. That collectible lives on the blockchain. I believe this this actually has a layer two of mutable acts, correct? So they said yes.

Speaker 1:

So they say I don't, I never interacted with it.

Speaker 2:

Right, and I actually did log in the other day just to see, and on secondary, the things are going for a little more money and they are now a couple hundred bucks. So it's an and you pay by credit card here, not in Bitcoin or ETH, which is totally fine. But what gets me is that there, I see no address. I see no way to transfer the wallet and the keys to my own wallet. If, if, what people don't realize in this space if, if you're not holding it you know, with all the things we said, with the hacks and everything is crazy as the sounds if you are not holding it with your own keys, or at least have the option to, then to me it's, it's total BS. Like I wouldn't recommend anybody going to this VVme and using it.

Speaker 2:

Now, if my favorite movie in the whole world or favorite band or there was some crazy Star Wars thing, would I take her with it and spend a couple hundred bucks for fun? Maybe, but probably not, because, again, you want to be, even if you're licensing rights or your IP rights. Obviously, if it's something like big mainstream thing you're not expecting to own. Like all. Now, all gold stormtroopers now have to go through approval through me and the movies Like it's. It's just not reality, right? They've already established the brands and the IPs. You just want a piece of it. So I would get that my IP rights would be way less. But the fact that I can't hold it and quote unquote, own it and just like a baseball card or a football card or, I guess, a Pokemon card, whatever coin stamps if I can't pass that to my next generation, whether I do or not, or whether they give a crap about getting it passed to them or not, if you don't have that, then the heritage of the thing to me is total BS and doesn't exist.

Speaker 1:

And I have issues with the fact that I can't display it or I'd like to display it, and I think that we look at, we keep talking about where's this gonna head eventually, right, and we always I mean at least I'm kind of still blue sky and rainbow is about metaverse, like I think that we're gonna see something out of that and meaning just a different user experience and way to interface digitally on things. And I've always wanted to look at kind of acquiring different NFTs and collecting with the ultimate goal of having, like, a really rad gallery where people could see what this goes into and I can share some of the things that bring me joy and it was such a want-want to be like okay, great, I bought it. I can only show my kids this if I open up freaking VV, you know, like-.

Speaker 2:

Hey guys, come here, let me log in, hold on, hold on, Let me KYC. Look at my driver's license. I mean what an absolute joke, and you know what it does.

Speaker 1:

The only thing it does on the display is it rotates. You know, like that's the only feature for the animation. It's like it looks, it's just like a print that just rotates. It's like thanks dude.

Speaker 1:

So it's. It was really. You know I'm I'll support them and I hope that people find their way. But I really almost like when you were talking about, you know, the need for the advocacy within the governmental structure. For the side of it, we also need to really look at kind of advocating for those that are going to transition their art, whether it be music or, you know, traditional painting, however it may be. I want to find out more about some of the operations that are going to do it the right way and I want to start hoping that we can lead more people down the right path on this transition, because you know we saw people you know break through with the $69 million sale at the top of it, and you know I respect the heck out of him because you know he beats to his own drum.

Speaker 1:

When you listen to him talk, he's kind of honry and very, you know, self-deprecating, but by the same token, he sold something for frickin $63 million or $69 million and he's sticking to the everyday, so I love that he's there and he's a doer.

Speaker 2:

He did one digital he did one image every day and still does like, and he was one of the first in the field. Yeah, and just huge tip of the hat to him.

Speaker 1:

Yeah, so you have, you know, kind of that blueprint, but I would probably consider him a digital native artist, right, if you really think about it. And you know you have Damien Hearst. You know I have a Damien Hearst piece. Then, if traditional art in my house and you know I saw that he did some drops early on and he did this thing called the currency, which is kind of cool and you know he was, it's different pieces and you can also, with one of them, you could either opt to take a physical copy of it after a certain period of time or continue to have it digitally. So I just like the funkiness of trying to kind of figure out how to do that and make it be in spirit with what you're doing.

Speaker 1:

I think you know Takashi Murakami.

Speaker 1:

You know I think he really believes in NFTs, in digital art, but he got kind of screwed I would agree with the flowers just in the timing, and you know he's even apologized to people about that.

Speaker 1:

But he's like you know I'm sorry if you lost money on it, but I think his heart's in the right place, I think his art's in the right place and I think that we need to find better on-ramps for you know some of these transitions and it's going to be a big problem to kind of get some of the best artists in all fields. You know, movie, whatever it turns into, we've got to make it so that they don't just go to this knockoff Web 3 and you know it's kind of the whole same thing of. You know it's going to stay centralized in the powers that be. You're still going to be in place. So you know, you know Christie's and you know the auction houses Like, yeah, they're going to want to understand how to make money off of doing things. It's a new revenue stream, but where's their heart in the decentralization aspect of it?

Speaker 2:

Yeah, here's what I don't get, and I think you nailed it Basically as we get into Web 3 and you know, like Ready Player One, and we're all setting up our on-cybers or whatever the future holds. Yeah, you want to hold it. I think you said it best and I'm going to try and rephrase it so it works in my brain. If it's in one place, like VV or Candy I bought a bunch of Stranger Things on Candy If it's in one place, then it's not free and it's not truly art. It's locked behind one paywall, like is VV going to be the de facto place to show your art? Is the Louvre going to be like oh, let's, let's log into VV on this? Like, no, it's going to be where your NFT lives immutably on the blockchain and it can be displayed anywhere and, as an owner, you can access it outside of VV or Candy or whatever these siloed, small Web 2 things are creating, like London Police, like through disco.

Speaker 2:

I love your stuff and I'm definitely at some point looking to buy stuff, but this is not the way. If you want to ever talk to us, you are the person who set this up for you. We love your stuff. Call us and we will help point you in the right direction. The only analogy I can think of is if you're like the most up and coming skateboarder, like you're 15 and you're already ready to go pro and you're just doing tricks that nobody else can do and instead of signing with like the coolest kind of like most underground yet overground brands with the best people in it, you basically agree to sell like a fully assembled deck and wheels and bearings at like Walmart. To me, that is this equivalent.

Speaker 1:

Yeah, and it's just, it's interesting to me to kind of Zoom out of you know, kind of being entrenched in this philosophy to wonder Are they gonna end up winning because they're not embracing the true elements of NFTs, like if they're gonna water it down that much, like it'd be really sad if that ends up being like where it goes and that would just be. It's just, it's disheartening to see, you know, and you have Marvel and these huge companies. So when you, I just really hope that we can find more native, digitally native ways to have this next wave of artists, you know, come to life. And I think that the digital artists are young and sick. I'm a huge fan, have been for a while, and you know I, though the people that grew up in it, understand how to use it and understand, you know, the relevance, and they would be the ones that probably be having the internal debates on their next drop-on, if it should be, you know, in scrap orbit, ordinals, or if they should do aetherium or Solana or whatever it may be. But I don't think any of those guys are sitting there thinking I'm gonna drop on VV. So it's just like I don't know who the business dev guys are, whatever with VV that are making this stuff happen.

Speaker 1:

And I think that this is a challenge to myself and to you, chicago, and to listeners that are interested is we need to explore and understand and celebrate more of the alternative Outlets that have some of this art available now in terms of NFTs. Remember when we were talking a couple weeks ago, we were looking at the chaos, roads and you know there was someone who was kind of curating that side of it and mind blown when we saw, like what else was available and that stuff's not getting like our day-to-day feed. So I think that they're. My encouraging part is, I think that there are folks that are out there. I think people even at museums, you know, like LACMA or some of these bigger museums across the world. They're looking at how to kind of curate digital art in a cool way and I think it's gonna really be incredible. I think that we're kind of at the Launching pad of like the new pop art or the new movement.

Speaker 2:

Oh, it's already happening. I mean crypto punk.

Speaker 1:

Yeah, but.

Speaker 2:

I've been in the Louvre. I mean for sure it's, it's happening and it's not coming again. It's not coming from VV, you know it's. It's coming from the, the, the beauty of Bitcoin, ethereum, solano, the blockchains. The beauty is you put the art on there. Hopefully it's immutable, but you're. You have a whole new technology. Are you on chain? Are you off chain? Like there's so many decisions you can make and Going behind, basically a web 2 login. It's just, it's just not the way. And you know, a hundred years from now, when VV's been bought by Seagrams, who's been bought by Best Buy? Who's been bought by Disney? Who's been bought by, you know, microsoft, like it's, that is a corporate way to go and this is a whole. This. This is like the 60s. The blockchain is a new 60s renaissance, if for the digital age, I can't say it any other way.

Speaker 1:

Yeah, and we've been as a Global society. We've been waiting for a new renaissance to come and a new, you know, expression, and it has to reflect the spirit of the society at the time, and we're a digital society, so for it not to be reflected in the artistic output is it's not genuine to the time of where it is. So I think maybe we could, maybe we'll work on this, but maybe we could kind of come up with a guide of things to consider when you're going to Launch you know art and you know we've been kind of dancing around it a few times, you know with. You know where's your NFT stored? What do you? What kind of collector are you? Blah, blah, blah.

Speaker 1:

But maybe just kind of you know things to consider when looking to launch a project, you know, and kind of looking at the core values that could be important in what you're doing. Because, no offense, you can't really go back like that was there inaugural digital launch, digital piece, and I just sit there and look at the opportunity of what if it was, because it was small, p is only, you know, two hundred twenty two collection sizes or whatever Be pretty cool if those are inscribed or if those were, you know kind of a moralized in a different way and had you know different, you know values behind it, as opposed to something that you have to go to one Platform and within that you can view it or trade it and you can't do it outside of that.

Speaker 2:

So yeah, well said, well said. I mean you know what it is. You're right, because you only have one for shot for that inaugural collection and is is a collector of a lot of their art. You're really excited for that. And that's almost like you know. You get mickey mantle, like, and all the you know twinkie put on the back of their box where you cut it out and that was the first one to come out, you know and then tops, as the rookie one, the little chalice at the bottom, you're like which one's worth more? I mean there's probably irony to the twinkie one being worth more, but in this case it's not even on chain. It's almost like you get the twinkie box, you cut it out and then they're like thank you will take that. You gotta. You've got to log in to even access this and this one spot on this one website that is purely web to and is not immutable, not on chain.

Speaker 1:

So I'm just gonna come up with more metaphors, because no, but I was just to just to you know, come clean, like I was super excited. You know you've turned me on to a lot of things in you know, to explore and enjoy in you know this, this evolving ecosystem, and I was excited to, you know, bring home a bone and be like dude, I'm doing a drop. You should get in. You know this is happening, or I got you one, or whatever. But then once I started doing the process, I was like Chicago is not gonna buy this, he's not gonna go for this. This isn't what. This isn't what I thought it was position, dad. So I was kinda like Meekly being like, hey, I got this and you're like, hey, I thought you're gonna tell me about something I was like really is.

Speaker 1:

I thought it was like I was like thanks, jerk, and that I went there but I was gonna get you like, if it worked out, I was just gonna double up or whatever, and you know, do it. But Once I was going through and I'm like this is gonna hit so many red flags with chicago that I don't even know if I wanna if I wanna share this tale of woe.

Speaker 2:

So you don't have to get me. Just buy me a crypto punk right now for christmas or something I'll. I'll forgive you for this one, but just you know, get me something, get me something right.

Speaker 1:

So just floating around the node monkey world and see what we can find not.

Speaker 2:

Yeah, no monkeys at the launch is coming soon. I am excited about that one. Still I am excited. One of my favorite collectors in the ordinal space, brissy, just bought the golden no monkeys and this is not a part of our news, I'm just getting excited again. But he bought it for 2.1 bitcoin. So again, no monkeys. The first Ten K collection on bitcoin. A bitcoin punk did finish first, but bitcoin Punks again are copy pasta. So Chicago doesn't like the bitcoin punks and the node monkeys send notes.

Speaker 2:

So just so you know, just so you don't feel bad, when my kids and I got into a huge stranger things binge watching session for Season four, five, whatever that last season was and it was five with vecna and stuff they came out with these cards and it's on. It's on candy dot com and candy dot com again is another vv. It's totally protected. It's just these posters. There's, you know there's 600 of these of hopper. Steve herrington's got 458 and I totally didn't tell her.

Speaker 2:

11 is 1112. Eleven, scott, she's got a couple really like rare ones here. But but I went in and, being, you know, being an fd gen, I started I bought. I want to make sure I got one of each, but then I'm like I started stupidly shopping for number ones. Now at least I waited a couple months when everything died down. Because again the problem is I guarantee there's a lot of stranger things fans out there, but are there a lot of stranger things? Fans who know about candy and who know about these posters? And no, will you actually get a real poster? No, of course I don't. But how many number ones do I hold? I have a steve herrington number one. I think I have an eddie months and sixteen that number one, I think eddie months and has has run away as the true fan favorite, but I think I have a number sixteen am I don't have a number one of number 11. Say that fast you don't really.

Speaker 1:

But you don't really have anything because you only have it inside candy, so you don't really have anything. But I have the login of the password, so I don't know.

Speaker 2:

What am I arguing? The other side now, like mine, is fine, your, your, your vv stuff is garbage, but candy, candy candy, on the other hand they've got all the netflix properties, this and Well, this. So this is my credit card. Yeah yeah exactly.

Speaker 2:

It's all cash so. But I made the same mistake and I don't even regret this when I didn't pay much money for it and it was actually fun. They made the unboxing Kind of fun of it and if you had enough I think you got like the bat or something. You know the back of that or that silly thing is. But you know it's just how does candy gonna then merge with vv, like again these clothes systems, like now I'm being a dead horse, but Just keep it open for any new artist out there. Reach out to us like there's. There's a right way to do this and a wrong way. And selling a fully assembled skateboard for non skateboarders out there is the thing you never do. You sell your deck solely and the art is dope.

Speaker 1:

Yeah, that's a I think we can put a pin on it and be and challenge yourself as no, but challenge yourself as a collector To find things that aren't, you know, necessarily in your feed. You know, because there are, you know, some people trying to do these things in in in a cool way and in the right way, and I think that will probably look at. This is something to come back to in future episodes, just to kind of see, you know they're different programs or platforms that are doing this in a way that you know kind of gets the decentralized on stamp of approval so I would say you know is a big part of the show was, was disco, saying to me from the very beginning like how can we help new people coming into the space navigate at the best way possible?

Speaker 2:

so I guess, given all this, what would you, what would your recommendation to someone new coming in be?

Speaker 1:

From what perspective? From collecting?

Speaker 2:

yeah, I guess. I guess if I, if you had to order, if you knew what you knew now, but you are coming in fresh and you had, you know, you're like I'm gonna put in some money to do this, I'm going to put in a little chunk just to learn and stuff, what would you? How would you go about it?

Speaker 1:

I would go about it from working to find as many of the resources out there that educate you. So, having so us, I wished You'd watch us, no well yeah, yeah, I definitely would frankly.

Speaker 2:

Am I an Escher painting right now?

Speaker 1:

No but no. But let me say, as we've been doing the show, though, we have said that it's been a positive process to identify different resources to help inform decisions. So there are a lot of things out there, you know. At first we're like, oh, crypto slams, you know the one to check, but then we found, you know about a dozen things to kind of reference and look at.

Speaker 1:

And I think that taking the time to, not to understand how to do your own research like it's easy to say, do your own research and then just watch and get hijacked by you know Solana hype on your timeline and going by Solana, but really, okay, what are the things that I value as and I think you'd have to break yourself down into different realms, right, like, so the NFT or the collector side of me values this side of this, these things. When I look at it, I go through that lens or prism, and then if I'm looking at you know investing, you know it's those whole things. Am I going to be a trader or an investor? You know what's kind of my horizon and what's important to me, and if you're truly a decentralized, you know, and you do that then you're going to look to invest in more of the you know programs or projects that are, you know, really value that and are built on that, whereas if you're more just I just want to, you know, ride this thing as much as I can then you have a certain different value structures.

Speaker 1:

So I think that over the course of the last two or three years for myself, it's taken me a while to even get conscious of what I want to become a part of, and you know it took me a long time to walk through.

Speaker 1:

You know. Even you know getting an MF for that took me a while to kind of kick the tires, and I have no regrets on that, because the things that are important to me are represented there and I, like you know, the whole package and if I had just come in, somebody would have hijacked my mind, share my mind into oh, get this, get that. You know, oh, it's all about this or whatever, is kind of buzzy at the time. And I think that putting those roadblocks we talked about earlier in the show in place to kind of make sure that you can take a week instead of a day to make a decision and hit the button to say yes and to agree to this purchase I think that that's probably one of the most important things is really putting in kind of a delay pedal so that you can you know process before you act and really manage FOMO, because I think that that is the biggest underlying thing that I didn't really understand until I got into this space.

Speaker 2:

So that's pretty cool. So you do not regret the MF for at all because obviously there's a lot of people in your headspace. You and I talk almost daily now, right, and obviously my thing was like if I started over and I got my first NFT, it probably would be an MF for. But you know you didn't get, whereas in years past there was a huge followback and kind of like, hey, welcome to the club, and I never saw a warmer welcome than MF MFers. But with you and with the Nakamee goes out now and all these other kind of ancillary collections that they've done, I was very disappointed. I know you were too at the reception that you got from it. But it sounds like you're saying you don't have any regrets and you kind of bought it without considering that portion, the belonging. You bought it for the right reasons. Is that fair? Well?

Speaker 1:

no, it's fair to agree, I did buy it with an expectation of more, you know, inclusion into a community of people with somewhat like-minded ethos. Like I thought that that would be a little bit more pronounced, but I really, when I look at it, it makes me happy, when I think about it, I appreciate, kind of you know, what it represents and what it represents and I think that there's certain things that will stand the test of time and I'm not going to be, I'm not going to have any regret on having that. You know, as we talk about this gallery in the sky or the virtual gallery, like I'm going to be proud of that thing and give me joy.

Speaker 1:

Like I don't from the traditional art pieces I have. They didn't welcome me into some world of you know, having a bunch of new friends or anything but every time I walk by them I get a little lift in my step and I think that's what art's all about. So that's kind of how I look at that.

Speaker 2:

Well, that was fascinating Disko. Thank you for walking us through that. You know art's obviously important to us, and you know we want to make sure it's presented correctly.

Speaker 1:

So yeah, I think that you know, I think that art I don't think it was a coincidence that, you know, art kind of was a big central part of people getting on board it at the end of the last cycle, and I think that it's a motivator and I think that we should be very supportive of it. But again, the whole kind of point of what we're talking about is there's a right way to do it and you can't blame artists for not knowing the right way because that's not what they're focused on. You know it's not. And you want artists to focus on creating art and using tools to make art that represent society. And I think that you know probably our industry and folks who have an understanding and a passion for art have a bit of a responsibility to try to find a way to outline how people can enjoy and enter the space and be as impactful and kind of as authentic as possible.

Speaker 2:

Well said Disko, well said, I'm going to try it this time. So, everybody, this show was not financial advice. So don't get over your skis or other snow activity vehicle to spend more than you have over leveraging Be careful. But none of this information has been financial advice. It's been all entertainment. Did I miss anything? Disko.

Speaker 1:

I think you did a pretty good job. I like that. I like that we're sticking consistent with the over your skis metaphor, so I'm in, all right, cool, we'll take care everybody.

Speaker 2:

We'll see you next week, and happy holidays and happy New Year to everybody.

Speaker 1:

Yeah, good to be with you all. Can't wait for next time.

Speaker 2:

And punch that like and subscribe and all that other old person stuff that needs to smash it Smash whatever later. Bye.

Introduction
London Police Digital Drop
VeVe Frustrations
Maintaining Decentralized Integrity
Success stories, Beeple, Damien Hirst, Murikami
Decentralization in Web 3 and Art Market
Importance of Self Storage
NFTs and Digital Art Explained
Need To Explore More Digital Art Platforms
Stranger Things Digital Cards
Navigating Cryptocurrency Investments and Art Collections
Disco Reflects on Lessons Learned