More hot takes: many artists collecting other artists isn't for art's sake.
It's for reciprocation and social signal.
Smaller artists often collect hoping the bigger name returns the favour and bumps their status.
And let's say that does happen. The problem is, your fellow artists, even established ones, don't move the needle in a significant way when they buy.
Moving PA, and more importantly volume, takes fck u money.
And the 1/1 niche? Almost impossible to sustain a career on rn.
Until Ossen's latest spending spree, 1/1 has been the worst place to sell your work if you're one of the 2,000 artists here.
For example, there are only about 70 1/1 collectors with real buying power, vs. 200 in larger NFT/PFP collections.
And now I worry. I see A LOT of 2021 artists sharing work again, hoping to catch a bid from Ossen. Great short-term win, but long term it still won't move the needle on your career much.
The ART space here needs at least 1,000 Ossens actively buying, selling and commissioning art en masse to even come close to a small percentage of the traditional art market.
Like I said, I've been running a lot of data across art, PFPs and tokens. I have a lot more to share.
tut™
Artists collecting each other is beautiful.
But an ecosystem buying from itself isn't the same as attracting independent collectors.
Circulation isn't growth. 💀