15% of M2 supply is for sale in exchange for 94 000 waves:
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVEShttp://dev.pywaves.org/assets/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpBThis stack can be used as a 1 time swap for x5 NFTs published on Rarible with Native IPFS:
https://rarible.com/MarquiseMuseum/saleThe publisher of these NFTs is the original Ethereum wallet created in 2017 which is also 100% owner of the erc-20 version of M2 called M3:
https://etherscan.io/token/0xa4daae9552cd2390ee1dcdd1a76bc8d0eea22609#balancesThe function of M2/M3 is identical as there are 3 versions of this NFT collection on XCP/Waves/Eth. All 3 vaults were minted in 2017 and it is the first type of blockchain art fractionalization in history with a patent submitted in early 2018 to back up this statement. The XCP vault is in permanent exhibition and not for sale. ERC-20 vault is for sale OTC ($3m USDT) and like I said 15% of M2 supply is for sale vs 94 000 waves.
94 000 waves at $2.75 is $50 000 per NFT which is the corresponding appraisal of Chamber of Commerce in 2021:
https://docdro.id/d42ND6gThis $4m valuation was determined when examination reference projects like Cryptopunks were trading at x10 lower floor than today. However this appraisal presumed NFT coding in the ERC-20 smart contract of which there is none as it is generic and created with the help of Minereum devs here on Bitcointalk in 2017.
IF there was NFT coding the valuation today would be $4 billion+ same as cryptopunks so the premium is already 99.9%.
Another important aspect for prospective M2 waves investors is that waves is not a popular chain for NFT collectors and trading liquidity is low for this style of asset.
So what is the value proposition for a 94 000 waves investor at this point in time considering the factors in play?
-First off you are late as the x200 already happened and there are earlier investors from 2019 who are competing with you.
-Secondly, Waves itself may go up x200 from $2.75 in Bull 5 which means that your M2 must increase by atleast x500 to offset the liquidity risk. This would equal an NFT value of $25 million per item on todays $50k. There are examples of such values being exchanged on Christies auctions but it is only a handful so far.
-However I was in fact in Contact with Christies and they agree to list this collection if there are secondary sales on Rarible because they don't accept art directly from artists. So this is one method to x10 your capital IF you are connected.
-Another method of x10 on your investment on either the ERC-20 or M2 IF you are connected with top 20 crypto exchanges for IEO. I predict that this collection will gain $30m market cap during Bull 5 which is around x15 from your $250k buyin at $2m total market cap.
-Similar pioneering cultural objects in the 20th century outperformed stock index 3:1 over 35 years (Andy Warhol 1960-1995). This is not a quick flip at $2m cap it can take years to recuperate but this is completely unique blockchain art collection compared to 99.999% which are 2021 mints or later. It is originally an ABT migrated to NFT in 2021. Like I said if it were 2017 NFT value today would be billions. I believe that I have captured an aspect of the blockchain art movement which today is worth a fraction of legacy project such as cryptopunks, mainly due to this ABT being art backed as opposed to gold or stables. And secondly because of the patent study. Ultimately the market must decide if this is true or not.
-Right off the bat if you choose to keep the 95m M2 in exchange for 94k waves what I can do is pump the M2/waves market from 0.000995 to x10 or x100 and then lock a share of this 94k waves in leasing to earn 10% per year and use some of that income to provide exit liquidity for you and some early investors. This will translate to an immediate paper profit today of 94k waves --> 1-10m waves. Plus you have the security of this token being backed by NFTs with floor appraisal at $50k and may at any time swap the tokens for hard asset but understand that there is liquidity risk which such operation due to low platform visibility on Rarible.
The reason I am looking for a buyer for this 15% stack is to confirm project traction which is important for Christies, Art institutions, Galleries, provenance and curation. I am also the 100% owner of the ERC-20 and XCP vaults so for this reason I am at liberty to distribute the waves version. If you exchange the M2 for NFTs please be aware that your NFTs will be minted on demand using the 8832 wallet, so the timestamp will be 2023.
As far as crypto projects this one should be viewed in the lens of progenitor systems like the Antikythera Mechanism or Da Vincis Helicopter. What matters is the idea and cultural importance over functionality. It is similar to Tim Berners Lee's NFT. Although it is functional it is my belief that the ERC-20 vault will increase in value more when 100% intact and non distributed and transferred to an institutional buyer OTC who can then further develop it for curated art exhibitions. The waves version is more of a sandbox experiment but I do have a second vault here aswell which could be sold to a private investor:
https://wavesexplorer.com/assets/ERoumA2EeSYf72XNo2u9DQHADFQSRXFoVEQPz7wgTogSomething like waves native always has to re invent itself and similar to Netscape it has a shelf life. I have captured timeless value with Pimp Fashion and the fact of the matter is that I was aware of it even in 2017 proven by repeated bitcointalk statements.
Waves can try with ducks and such but the truth is they are 5 years too late. I created this masterpiece of a crypto asset and basically the less I handle it the more it grows in value.
In the realm of cultural contribution it is a case of Swiss Watch Making vis a vis Ali Baba wholesale Casio's.
Inorder to realize/self actualize this catalogue there must be a significant wad of cash on the table because money talks.
And it must be from a private source this is the Sword in the Stone.
After there is consistent funding the next step is to travel and provide charity to Gypsies, Native Americans and such:
https://opensea.io/collection/indian-nations-community-fund
YTD vs USDT +7456%
