Tag Page entertainment

#entertainment
Alexandra Burns

🎨 Inside the $60M DAO Betting That NFTs Will Age Like Fine Wine 🍷

While the hype cooled, Flamingo DAO quietly built one of the most legendary NFT vaults in existence: 10,000+ pieces, 230 CryptoPunks, 301 Chromie Squiggles, and the only full attribute set of Punks on earth. Oh — and one member casually minted Bored Apes with 5 ETH from the treasury. Here’s why the smartest DAO in NFTs is still all in: 🧠 What makes Flamingo special? Founded in 2020 by The LAO members (and backed by folks like Snowfro, Gary Vee, Stani from Aave) Members can individually deploy up to 5 ETH without prior approval — it’s a hive mind powered by trust Their collection strategy? Think networked collections, cultural milestones, and early bets on future legends 💎 Key holdings: 230 CryptoPunks (including an Alien and a Zombie) Full sets of Autoglyphs and CryptoPunks 300+ Squiggles, 370+ Meebits, and deep bags of AI art, Terraforms, Ringers, and more 🔥 The thesis? "NFTs aren't just collectibles. They're digital culture, preserved onchain — and they'll be seen as historical artifacts." Flamingo isn’t flipping JPEGs. They're building a museum for the metaverse. In a world going fully digital, they’re betting on culture as capital. Not hype. Not floor price. Just conviction. 💬 Do you think NFTs can stand the test of time? Or are DAOs like Flamingo clinging to a fading dream? #Entertainment #Books #NFTCulture #CryptoArt #DAO #DigitalOwnership

🎨 Inside the $60M DAO Betting That NFTs Will Age Like Fine Wine 🍷
Tag: entertainment | zests.ai