Another crypto world first

Another crypto world first

It is the fate of all radical art to finally turn into the everyday and mass -produced, but it is still impressive how quickly not funnies have followed this established course.

Exponate number 23.458 is a series of "Fat Cat" NFTS that will be for sale later this year (and yes, the logo of the Feline Times also seems familiar to us):

It is easy to join this group of "super service providers and like-minded people" in their soon opened headquarters in London. All you have to do is buy one of them Coin Club "Fat Cat" NFTS, each of which was designed by the US graffiti artist Darrus "Spraykid" Ford and has a fixed price of only 11 Ethereum.

are fat cats; Queens Guard, F1 Cat and Elton John © Designed by Darrus Ford

that is, um, $ 22,000 at the pixel period-about ten times more than the accession fee for the London Devonshire Club-could be regarded as a relative bargain, since Ethereum has dropped by 54 percent in January.

After he was assured that the entire project was not a sophisticated prank, FT Alphaville brought in the founder of the club after coin club founder and lifelong best friends Adriano Karok and George Scholey for a few additional details. We started our journey into rabbit construction by asking the couple (which also leads the Mirox Group, a company based in Luxembourg to secure assets) whether they were concerned that the prices for their anthropomorphic cats could be a little above the market.

"Now it is a good time to get in, because membership is probably cheaper than at a later date," said the former Berlin nightclub owner Karok about zoom. "Consider it as an investment."

A little more than 100 Fat Cat NFTS will be thrown "only for exclusive people" in June, including family, friends and celebrities, added Karok. He didn't want to reveal the name. Around another 2,900 are to be shaped for Joe Public later this year-although FAV has found half a dozen separate NFT projects with FAT CAT topic as a sign of how the emerging market for digital art has become, which have already roamed blockchains.

In view of the apparently great male interest in NFTS,

hadn't worried that his club could be overrun? "Of course we invited many other people through our network, including women, celebrities, and they love the NFT room," he said.

What if the crypto prices continue to fall and the club membership for rabble how we open? "I still think that Bitcoin will be at $ 100,000 at the end of the year," said former Forex dealer George Scholey. "If you look at the historical charts, the prices have always developed like this".

"We saw a crypto crash in 2014 and 2017, so it's a pretty similar cycle," he continued. "Due to the events in Ukraine, the markets are declining worldwide. We don't worry [about crypto prices] in general."

And why the FT logo? "A fat cat would read that," said Scholey. "They had read the Financial Times. A fat cat is what we associate with wealth. Your readers are the kind of people we are targeting."

So which FAT CAT NFT would you choose?


Source: Financial Times