THE BIG 3
Gary, Chief Acquisition Officer
If you too cried a teary goodbye to This Is Us yesterday evening, you know that there’s another Big Three. Kevin, Kate, and Randall Pearson. Thank you, Jack and Rebecca Pearson for parenting these amazing, crazy, annoying, rebellious, loving, and opinionated kids. Kudos to Miguel for his great contribution. They turned out to be wonderful human beings. Cue the tissues. And just like the emotional ride those three took us on, buckle up. The new Big Three, NFTs, Crypto, and Blockchain are taking us on a wild, unpredictable, and crazy new ride. Warning: there may be tears.
Last Friday, May 21st, ABC aired a special titled NFTs: Enter The Metaverse. The world of NFTs, their uses, creators, valuations, and variations were discussed by experts in their chosen fields. As well as investors, celebrities, and several artists drawn into the NFTs world were also interviewed. From being an anomaly in the digital and crypto world entering into 2021, this sleeping giant woke up the entire art and investment world just two months into 2021. That awakening happened when digital artist Mike Winklemann aka Beeple attracted the historic and incredibly prestigious auction house, Christie’s in New York City. Christie’s had been following the new money art trail that led them to NFTs. Christie’s took a chance with Beeple to auction off his stunning digital art piece titled Everydays: the First 5000 Days, a collage of 5000 digital images created by Winkleman aka Beeple. Bidding started at $100 on February 25th, 2021. By that evening, bidding had reached $13.25m, jumping to $15m by the next morning. But in the last 15 minutes of bidding, all the very wealthy gloves came off. Massive bids of $10m to $15m increments were placed. Beeple’s Everydays sold for just over $69.3m! The highest price ever paid for NFT digital art at that time. The show featured Beeple, his family, friends, and the agent watching the final bidding. Beeple was in utter disbelief and joy. Many tears of joy were shed. Another historic event happened that day. It was the first time Christie’s accepted cryptocurrency as payment. NFTs have poured the elitist highbrow art world into an industrial blender, added some digital spice, and turned it on high. Buddy, have a drink…but we only take crypto at this here bar.
Beeple’s Everydays: The first 5000 days
Mark Cuban, Paris Hilton, Steve Aoki, and Karsen Dailey were some of the many personalities featured on this special. However, one artist, Diana Sinclair, stood out to me for a variety of reasons. The main reason is her determination to add to the good in the world through her mission to encourage, uplift, and educate other African American women, men, and the LGBTQ+ community. She’s only eighteen!
According to her bio, Diana Sinclair is a visual artist and curator working in the New York City area. In November 2020, she was selected as a 2021 Young Arts National Finalist in Photography. She has had her artwork shown in numerous exhibits all over the world and became one of the youngest curators within the NFT space through solely curating The Digital Diaspora exhibit and auction in June 2021. The Guardian, Teen Vogue, and Hypebeast were just a few publications that featured her story and the exhibit, In July 2021 she was selected for Fortune’s “NFTy 50: The 50 most influential people in NFTs” list. In the fall of 2021, she was chosen as one of the featured artists in TIME’s first NFT collection. Diana recently created a collection of four artworks, sold as NFTs for the Whitney Houston’s Estate in collaboration with the OneOf platform to raise money for the Whitney E. Houston Foundation. The centerpiece of the collection, an unreleased Whitney recording, along with a video art piece created by Diana, sold for $1m in the auction. Diana believes that the next renaissance will grow from the intersection of art and technology.
While a lot of NFT digital art is beautiful or at least interesting, not everyone on the show was singing its praises. The show also featured people of the opinion that the value of NFTs is just a giant bubble of eccentrics waiting to burst. One guest believes all NFTs will lose 90 percent of their purchased value. Who invited Debbie Downer. However, there has been some volatility in the NFTs world lately. One thing is certain, NFTs aren’t going anywhere anytime soon. There are 56 million millionaires. So there are many full-grown pockets out there. And they love to spend. Every day creatives in art, film, music, sports, real estate, culinary, fashion, tech, education, and more are boarding the NFT train. The Blockchain is a very busy railway. Fill up those Crypto wallets. The baby needs a new pair of NFTs.
We need our Big Three, creatives, investors, and subscribers to stay tuned. Because Medallion XLN is just weeks away from our ICO launch. Please subscribe, so you don’t miss out on all the buzz surrounding our launch from some of Crypto’s biggest names such as * classified *. We can’t wait to share all the work we’ve put into building something we know creatives have been craving. A huge thanks to all our current investors and subscribers. Let’s go!!
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