gm gm ! ❤️‍🔥

Art Blocks is capping its collection at 500 projects It’s a sober shift amid a broader reckoning for the generative art market At its 2021 peak, @artblocks_io did $587M in monthly volume Today, trading is down 95% I spoke to @ArtOnBlockchain about the next chapter “The last couple of years have been excruciatingly tough” The market's forcing a shift from constant drops to cultural preservation MoMA, LACMA, Toledo Museum, and more are all dedicating space to generative art “We’re being validated daily, even on the hardest days” Art Blocks will focus on growing Studio & Engine and elevating the existing canon “Constraining it to a finite set makes it easier to grok, and it helps new audiences engage more meaningfully" They're not alone in rethinking strategy @fx_hash_ will end Tezos releases and focus on Base, sparking backlash from early artists The past 2 years have been brutal: MakersPlace, KnownOrigin & Async Art have shuttered Art Blocks has survived, but the turbulence forced a recalibration "I was not ignorant of the potential of a significantly declining market, but I didn’t expect it to decline so much — nor did the majority of participants" Art Blocks 500 is both a capstone and a reset: protecting legacy, restoring scarcity, and adapting to a tougher climate “I really just wish I had followed my gut way more than I did along the way. The Art Blocks 500 is very much a decision that I feel is correct in my gut”

gm! I’ve long respected @ChrisLyons and how he bridges culture and venture we sat down for a wide-ranging Luminaries convo on his rise at @a16zcrypto and why culture is capital as @CryptoGarga told me, “he’s helped open a lot of doors” this interview makes clear why ↓

Dinner and interview with @nftnow founder @mattmedved in NYC over the weekend. I’m trying to really listen and learn from people like Matt who have contributed so much to the growth and understanding of NFTs in this new world of Web3.

my impersonators are getting lazy lol

pleased to report that after 3.5 years, my Larva Lad is now in profit thank you for your attention to this matter

Of course this was Bloomberg’s take 🤦

Upcoming ETH price action will be a key litmus test for NFTs Many will rise in USD value but watch which collections appreciate in ETH terms With ETFs and treasuries driving the underlying asset, that’s the real indicator of market sentiment They’re the ones to double down on

Wrote this 4 years ago today History really does rhyme

gm got hit with a brutal stomach bug 🤢 this week’s Luminaries feature will go out tomorrow promise it’s worth the wait!