The NFT is a collection of 256 - https://opensea.io/assets/0x47e22659d9ae152975e6cbfa2eed5dc8b75ac545/1
Reasons why I believe this makes sense:
- The author is pplpleasr - probably the most renowned and og crypto native artist, could be the next Andy Warhol of crypto. She kicked off pleasrDAO when they formed to purchase her Uniswap artwork - https://foundation.app/@pplpleasr/x-y-k-13623 - for 310 ETH back in March
- The artwork marks a potentially pivotal moment in crypto history, when DeFi gets featured on the cover of Fortune magazine as an equal to TradFi
- High potential for vanity purchases by the communities depicted on this cover, as their purchasing power keeps rising
- One of the 1/3 in this series was acquired by pleasrDAO for 105 ETH. This gives the series even more prestige. The market cap of the Doge NFT that pleasrDAO just fractionalised is now 100x of what it was when they acquired it in June.
- Diversify away from algorithmic / generative art
- Price just dipped from high of >20 ETH to <10 ETH (series market cap <10M USD)
I suggest we spend up to 30 ETH to buy 3 out of the 256.