jeff.mihu

The End of Collector Dominance One of the main problems of the web3 art ecosystem has been the need for Artists to spend huge amounts of time promoting their art and basically sucking up to collectors. 🚨 Artists should not have to do either of these! 🚨 With @vitruveochain we decided to flip the script to end these practices. 1) Artists Consign their artwork and they are done. Zero marketing required. 2) Instead of a few "collectors," we are working to build an ecosystem of hundreds of thousands of art "appreciators." Artists should get used to not knowing who obtained a license to mint their art. In a truly decentralized model, the buyer is just an address. There is no marketplace and they may have licensed your work on a website, from a X post, in Warpcast, from a streaming display, from a Google Ad, Insta, someone's blog, an RSS feed, and many more channels. They may not have an X account even. Of course the licensee can always reach out to the Artist if they want. Welcome to the end of collector dominance! 💜

🎉 Congrats to all the @vitruveochain Artists who have started Phase 2 of the consignment process for their artworks! Next we will roll out 🥏 VTRU Search 🥏 where these artworks will be viewable and ready for collection by crypto investors holding Collector Credits. A few important points: 💜 Some artists are seeing errors. The team is aware and we will roll out a fix. 💜 Thanks for being patient with us. We are pushing out lots of new apps and functionality in a very short amount of time and doing everything we can to stay on schedule while also maintaining quality. 💜 Assets and Licenses are now on chain. Metadata and Creator Contracts will be next. 💜 @FerCaggianoArt has been working tirelessly to support all the Genesis artists. Thank you Fer 🫂💜 You are beyond amazing. 💜 Artists, it isn't humanly possible for Fer to do all she is doing AND also respond to individual support requests. Kindly use the Dreamverse VTRU Studio group for all questions/issues where community members can help each other. dreamverse.vitruveo.xyz/grou… Exciting times ahead! #LFV

A New Year is a time for new beginnings. And so it is for me. Starting 2024, I will collect NFT art exclusively on Vitruveo, the Blockchain for Creators that I am building and leading. Here is the plan for Artists: 👉🏽 January: 1,000 genesis Artists onboarding 👉🏽 February: Selective Artist onboarding 👉🏽 March: Start opening up for all Artists Follow @vitruveochain and turn notifications on so you don't miss open calls. Creators: vtru.xyz/creator Whitepaper: vtru.xyz/whitepaper Investors: vtru.xyz/booster Partnerships: cal.com/techbubble Over the past three years, I have had the privilege of supporting thousands of Artists on Ethereum and Tezos. My collection over multiple accounts consists of 7,500+ artworks and of these I have sold zero. In three years, there has been no meaningful innovation in the web3 art business model. It's a broken system and it forces Artists down a path that leads to fighting for scraps. Artists spend countless hours trying to sell their work and have very little time left to create. There is no pathway to any form of sustainable income for most Artists. Many artists believe that by minting their artworks they protect their work forever and also register it as their intellectual property. Non-existent standards and brittle data models mean the dream of "perpetuity on the blockchain" is just a fantasy — it doesn't really exist. Since no one else was doing anything to fix this and advocate for Artists, I decided to step up. The result is Vitruveo, a Blockchain, a Cryptocurrency ($VTRU), and a Vertically Integrated Ecosystem just for Creators. Vitruveo is open, community-owned, DAO-managed, decentralized, standards-based, innovative and most importantly, laser focused on making sustainable income through art a reality for Artists. In the big scheme of things, I realize my collection activity was insignificant. But in my heart, I hope I helped a few Artists advance on their journey. There are plenty of amazing collectors on Eth, Tez and Sol who will continue to support all the Artists and someday, I hope they too will check out Vitruveo. For me, right now, the direction is clear. I need to support the blockchain I have built and give it all my love and attention. With Vitruveo, I want to do more for Artists than just collect artworks — I want to help Artists create wealth and forever put to rest any doubts of art as a legitimate, full-time profession. I am going to continue working very hard to build Vitruveo. I hope to EARN your Trust and welcome you to Vitruveo very soon as a VTRU Dreamer. I also hope to have the privilege of adding your artworks to my new collection in a couple of months. Dream On. Dream Big! 🟣💜 – at Mountain View, CA