"Régulier Tic-Toc, bloc après bloc, la monnaie fiduciaire St Nakamoto croque!" ~ Alotta Money

1095 days ago the late, great Alotta Money etched that most Alotta Money of quotes on-chain into the metadata of the masterpiece he and Jivinci created, "Saint Nakamoto," using Scribe, a tool developed by Conlan, metaverse pioneer, early cryptoart collector, and co-founder of the programable cryptoart marketplace known as AsyncArt.

Don't take my word for it though, verify it on-chain here: https://conlan.github.io/nft-scribe/?address=0xb932a70A57673d89f4acfFBE830E8ed7f75Fb9e0&id=5624

On November 30th, 2019 I was lucky to become the first collector of "Saint Nakamoto" after a particularly fierce and memorable bidding war against ROBNESS with a then eye-wateringly high bid of 11.12 ETH (or roughly $1,685), a then all-time high paid for a work of cryptoart.

A day later, on Cent, my first home in the metaverse, I shared a post explaining why I collected this work. It was a special moment not just for me, but the whole Cent fam and early cryptoart movement.

It's only fitting that I etch that original post in its entirety into the blockchain, linking it forever and always with the piece that started it all using Matt Kane's brilliant new project Etch, which also happens to be inspired directly by Conlan's Scribe.

And with that, I leave you with my post, "Spending thousands of dollars on cryptoart."

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Some of you may know that I was the last collector standing in the epic SuperRare bidding war that ended over the weekend for "Saint Nakamoto," a masterpiece created by artists Alotta Money & Jivinci.

The final price I paid for this classic was 11.12 ETH or roughly $1,685.

That's a lot of money, at least for cryptoart. As it stands at the time of this writing, that sale price represents the all-time high paid for a single piece of art on SR.

Cryptoart will take over the world

As crazy as it may sound though, I think this piece is worth a helluva lot more. And I believe that my all-time high purchase record will be broken several times over in the coming months and years.

This record sale is a shot across the bow at the traditional art world that cryptoart is coming to shatter their stifling, staid way of life. It's a siren call to all the creatives and artists around the world to join in the cryptoart movement.

It's time that visual artists get paid. A lot. cryptoart provides every creator with a better way to create. Regardless of where a creator is in the world, thanks to cryptoart they can create rare digital works of art, either in trustless collaboration with other artists or by themselves, that they can sell anytime.

For collectors and owners, cryptoart allows everyone to become an art collector. It allows everyone the ability to influence culture directly. Collecting cryptoart is the best way to express that you support a better future in both the analog and digital worlds.

Virtual Worlds & Cryptoart

Virtual worlds like Cryptovoxels are creating the perfect contexts within which to display and show off rare digital art. As virtual worlds proliferate in both number and popularity in the coming decades, I expect the demand for provably rare art to increase exponentially.

Along with that, the ability to securely lend and rent out digital works either to private individuals or property owners (in the analog world as well as the digital) and corporations, will become an ingrained social behavior - once it is invented that is.

The historical significance of Saint Nakamoto

Saint Nakamoto is a visually stunning work of art that would be impossible to capture in the same way through traditional art forms. It elicited a fireball of excitement from some of the most respected artists in the world like Trevor Jones and influential figures like John McAfee.

It beautifully depicts the origin story of Bitcoin along with the underlying mechanisms that make it work. The direct reference to Caravaggio's St. Jerome Writing powerfully reflects the religious-tinge of the entire crypto movement. It's the best teaching tool for crypto ever.

By itself, it is an example of how 1/1 super rare artworks can be created, exchanged and secured by the blockchain. It's also a forever snapshot of an incredibly valuable exchange of real value that took place on the blockchain.

Crypto, at its core, encourages collaboration. When multiple parties can simply rely on a smart contract to distribute funds in a previously agreed to way, that removes suspicions that one party will run away with any funds earned.

The collaborations that are emerging within cryptoart are the best representations of that emergent social trend. Saint Nakamoto is the most beautiful work of collaborative cryptoart. It isn't the first example, but it's the best example imo.

Cryptoart is Bitcoin in 2010

If any of the above vibes with you, start your cryptoart collection today.

Find creators that are making art that you think is dope and then buy some of their work. I think the Van Goghs, Da Vincis, Basquiats, and Picassos of the cryptoart world are already creating art today. Many more future titans will join the movement soon.

Buying cryptoart today is like buying Bitcoin in 2010.

Instead of spending 10,000 BTC on a pizza though, I bought a work of art that museums will kill for.

Originally published on Cent, on December 2, 2019. Link: https://beta.cent.co/matthew/+jz6il