Disclaimer: If this is offensive to someone in this section, please pm me and I will update or remove it, before doing something dramatic. Thank you beforehand.
This project is many years old and contains book length documentation so I will make a bullet point summary of background, roadmap implementation, off chain resources, loan terms and liquidation/ownership transfer.
1. In November 2017, a 2016 digital art portfolio was integrated with blockchain and deployed using ERC20.
2. Because of technical illiteracy as an artist, I switched to Waves early 2018 because ease of use.
3. for the past 3 years alot of development trial and error was performed on waves while the original ERC20 asset remained pristine. I believe that this is a huge boon to the project that the ERC20 supply was not mismanaged by inexperience over these years.
4. In march 2021 I learned about NFTs and understood that here is something of potentially great value, considering cryptopunks $500m cap launched a mere 1xx days before my own art asset.
5. I did some archiving and found the Etherscan for this ERC20 2017 mint, and shortly after regained control over 99.85% of supply through private key access.
6. As you may expect, a deep expansion strategy involving multiple parties on and offchain is now underway and the NFTs are curated for Opensea launch.
7. When wrapped NFT code is delivered to me in a few days and audited by Opensea staff, I am willing to offer Bitcointalk Legendaries and Heroes ownership of this project before it is deployed into open market.
8. The reason I am doing this is to test market response while de facto offering this collateral to lenders in the forum. This market probe is combined with offchain examination by Swedish auction house for appraisal.
I would like to know your terms for collateralizing this $300m OG NFT Asset and am willing to transfer it to the best bidder and possibly converting it into sale depending on your preference. Wholesale borrower with favorable terms will receive subsidized NFTs that will retail at $5k per unit. I can offer large discount for any significant long term, interest only, USDT loan.
Considering the sums of money involved, this loan is expected to default into ownership transaction so consider it more of a pre sale. I believe that there may be something of value here so if no one wants it, I simply continue development until it pays.
I am trading future potential profit for payment today. Please send your offers here or by pm. Retail asset value is like I said $300m but of course your deal will be favorable ltv but I cant go too low because one reason for this valuation is that NFTs can be redeemed into physical assets so there is a base manufacturing cost behind it which is a fairly significant chunk of the $5k unit price.
Let me know what you require to verify this claim, I have all documents in order and they were already delivered to reputable auction house in Sweden two days ago in preparation for appraisal.
There are two negatives I can add right away: I have not received any feedback from institutional lenders such as Lazard investment bank, and curated NFT gateways remain unresponsive to application filing. This situation may or may not change depending on outcome of auction house appraisal. I have also contacted NEXO but did not yet receive a reply.
ICO in 2019 was $5k funding in exchange for 0.1% of portfolio. Buyers were Russians on waves. NFTs hadn't yet exploded at this point in time.
Documentation:
what if there is traction? what if this converts?
You'd be rich then. I have no idea why you're still talking to us peasants here.
Well I am not rich yet, from this project.
what if there is traction? what if this converts?
Actually there is absolutely nothing here. You haven't showed us ANYTHING, much less anything that would be worth a dollar or 300 million of them. You just posted a bunch of words.
ERC20, minted november 2017 with assistance from Minereum devs on Bitcointalk. Linking to the website:
https://etherscan.io/token/0xa4daae9552cd2390ee1dcdd1a76bc8d0eea22609?a=0xc742bce0c13e31f2bbec650d3a26058b64038832Binance application email dated 2018-02-20. I dont remember when it was filed but it was probably a few weeks before that date:
https://bitcointalksearch.org/topic/m.30671914I can forward the original email on request. It was submitted to Swedish Department of Culture for archiving because its the earliest reference I have to crypto and art integration as the complete NFT book is linked in the application, and miraculously not deleted by me during website development over the years.
As you can see, this Binance filing is full of references to pioneering achievement, predicted many years before present. Of course I am not the only one at that time to understand economic implications of this tech, but in art collecting you simply gotta be first or among the very early contributors to matter long term. 99.9% of current NFTs will fail as generational store of wealth but its emergence is still a boon to the industry and artists for many reasons.
The earliest on chain reference is this message attachment from an airdrop campaign on waves, dated April 12, 2018:
https://wavesexplorer.com/tx/2RiaZQvcE2VVWmx5QgsUsM2zjqHbN9Urvpx58zcEtCtJIt references the book, that the token is used as authenticator, and that it may be a store of value.
This is the waves token in question, launched 2017-12-21:
https://wavesexplorer.com/assets/ERoumA2EeSYf72XNo2u9DQHADFQSRXFoVEQPz7wgTogAs you can see supply is non reissuable and identical in sum 66k, to etherscan ERC20. Implying that it is a continuation of work on waves that originated on Ethereum but was abandoned due to technical complexity (I didnt understand ERC tech at the time, and still dont for the most part) and lack of distribution channels because exchange listing fees were exorbitant.
Patent study:
https://tc.prv.se/aktinsyn/servlet/akt/?lang=sv&ansnr=18001404More Bitcointalk forum references to potential pioneering achievement, linking the ERC20 token address to commercial purpose:
https://docdro.id/fbY6USOhttps://bitcointalksearch.org/topic/m.30345548These are the earliest and most important sources to verify my claim.
Beyond 2019 there is really an escalation in documentation such as:
Waves trading activity involving multiple investors
CMC, Coingecko, Coincodex and many other aggregator inclusions
Multiple offers from top of the line exchanges and conversations. Apparently they see something you dont in this project.
Security audit
white paper
portfolio presentation
artist cooperation spanning years with studios and artists from all over the world working on portfolio enhancement
printing sources with multiple established companies from all over the world
partnership inquiries and VIP demos sent to dozens of invitees
conversations with museums, galleries, governments and other VIPs
Swedish Royal library archiving of print copies of the book
Business plans, progress updates, quarterly reports, social media sources going back to january 2018
The art source assets themselves is maybe 40-50gb comprising years of labour and curation, it began in 2015 and majority of 100 collages were created first half 2016. 22 creations are public and 30 unpublished.
The list goes on and on.
I'd say its pretty well established at this point. Anyone with an earlier deployment claim are free to present their sources but there arent many, a handful of 2017 NFTs and they will all be culturally important in the coming times just like pop art, cubism, surrealism.
I did not ignite the switch on this industry, I saw it coming and did everything in my area of competence to establish a solid track record for the artworks.
I think I succeeded and its solid asset collateral, but its highly illiquid right now.
I welcome anyone in here to pick this apart and provide opinion.
This is my moment of Triumph, it is not rocket science but it's a proud achievement to have cemented a founding block on the NFT movement.
It is only the beginning and NFTs will pale in comparison to AGI driven blockchain. I believe blockchain is Cyborg DNA which is why I bought Ethereum at $7. Yes, I still have that source too.
Collectors will speculate wildly on this portfolio because of its ambiguitiy as an NFT original. Its possible that there will be a premium the first few years but eventually its gonna move into the OG fold and appraise significantly. I blame my technical incompetence for this ambiguity its a double edged sword but in this case it may have played into my hands because otherwise I would sold for peanuts back in october. Same thing happened with eth in 2016, forgot about it until november 2017 came right into Bittrex cashed out.