So … after 5 months and change … this ain’t a slow cook! Feels more like a slow rug right? If not to you … I can assure you, it sure starts to feel like one to me!
In this space, slow means a week, tops!
Simple truth: this didn’t go anywhere and certainly not accordingly to my initial expectations. No excuses though, it’s all on me. I simply didn’t follow up proper on it and a few details led me to this point.
The fine print, aka, details
First off: Zora
From my stand point, their strategy and focus shifted to a place where I do not wanna be nor want to use their platform. Simple as that. It wasn’t a great fit to start with … it became the worst possible!
I don’t wanna be doing anything with Zora, so I must change and terminate this in their platform.
Second: Value, money & profits
I didn’t start this with any finantial motivations - and I still don’t have them!
But you minted this and so I got funds from you.
It’s a rug if those funds amount to nothing in the end (no, the “art” you bought, in this case, is not it, it doesn’t count as value).
Maybe you did it just to support me -my ego likes to think so, my alter-ego says “Get over it!” - or maybe you took a bet you could get some value out of it … in the form of ART or advantage in a deal for ART or some other form or way.
Doesn’t really matter the why, just that you put your money into it.
Third: Mr. Richi
In a totally unxepected way, the great artist Mr. Richi recently dropped a new collection that he called “Cash Grab” … and I don’t want to nor is it a good idea to have this kind of clash … and his collection is awesome!!
The path to a solution
Well, maybe it’s not one … but it certainly is a resolution of the matter at end.
I’ll need your cooperation one last time though, hopefully simple enough for you to accept the call and eventually still get some value out of this mess.
First, I’ll need you all to convert your NFTs into the ERC-20 form.
Yes, you read right: convert them all.
If you want to keep the art, keep one, it’s enough.
You can do that easily and securely using artrun.io
Go here, sign in with your wallet that holds the NFTs and use the “Advanced” option where a popup menu allows you to easily do the convertion.
https://artrun.io/coin/0xfe107be77a7f37ca821760d902a51697506a744e_1_base
I must emphasize this step … as it’s going to be the only way you get any use out of your holdings!!
After you have them in ERC-20 form, you’re reay to put them to use and (maybe) recover the value you invested in some way or form.
I need you to do this and be ready no later than May 22nd.
The plan
After May 22nd, I will put up for sale or auction on Manifold, several pieces of ART I have from various artists … and all of that can only be done by paying in cashgrabs!
There will be X posts about each opportunity and they’ll probably be all available at the same time.
Works from Javpixel, Dan Fraser, Siku, SeattleSale and others will be up for grabs … and that’s the extent to where I’ll be trying to get you the opportunity to grab some value back from your investment.
For those that only have one token … there will be an edition of mine available as a thank you gift, you can mint it with it, ‘cause that will be the price: 1 cashgrab.
After all sales and auctions are concluded … it’s the end!
There will no new opportunities after this and any NFT or tokens become just history and trully useless in every sense of the word.
I will give it no more thought and will not engage in anything else with them.
Farewell
I could just say I’m sorry about this outcome, but that won’t give you any true resolution or confort on the matter, I imagine.
I truly am, though, sorry.
Mostly that I didn’t think this through properly and jumped the gun using Zora and let it all become a mess that led nowhere.
I thank you deeply for your support back then and your patience thus far, if haven’t exited before this. Take the opportunity to try and get some value back, pls.
I’ll be available in the usual ways, reach out if you have any doubt about this.
projectShift
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