🎨 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