Is this the best NFT collection in the world? DCinvestor, NFT aggregator
9 months ago Benito Santiago
Boasting one of the best NFT portfolios on the planet, DCinvestor has been involved in some notable acquisitions in early 2021 and is one of the most respected and insightful personalities on Crypto X.
Some say DCinvestor has the best collection of individual NFTs in the world – although he's too modest to claim that himself.
“I don't think this is true. “I think there are a lot of people who have a lot of collections that I admire,” he said. “I like it when people talk, but I don't think it's the best. It's really not worth it. There are people with more valuable wallets.
But it's a collection I've worked hard to collect and I try to take care of it carefully, knowing I don't have the money to collect everything, especially since I don't sell things.
“I feel like I bought things that I felt were going to be culturally important for a long time and that's why I did it. For better or worse, I'm stuck with them. Even in this crypto cycle, I don't think we'll see the true value potential of these assets.”
Table of Contents
ToggleWho is DCinvestor?
First jumping into Bitcoin in 2013, the former management consultant has gone through many cycles and is a strong advocate for the Ethereum ecosystem.
In Q1 2021 he bought six CryptoPunks, including his iconic PFP hoodie punk, and six autoglyphs as his conviction for the scene grew.
“My thesis was when I started collecting NFT and especially with punk, if this stuff is culturally important and economically important, there's not going to be a lot of time to collect some of this stuff,” he said.
“So I went into land grab mode where I took some of the profits from trading these Defy coins and stuff.”
He borrowed against his crypto to buy those pieces, which he says is not a strategy he recommends.
“I don't want to sell my Ether in the middle of a bull market, so I borrowed it. I also didn't want to sell my DeFi tokens at that time.
The first NFT he collected in 2017 was cryptocurrency, but the Washington, D.C. resident says that doesn't really count.
“I don't think I really got into NFTs because that time was different. NFT was a novelty at that point. People didn't really know what they were. It wasn't something I was paying much attention to. I thought this would be great for a game someday. “It was then that I thought it was mainly for play,” he says.
“I bought a Gen 0 CryptoKitty, and didn't get into NFTs until I started collecting all those Gods Unchained cards. That's when I started putting in more serious money. To be honest, watching everything go to zero was a way to distract myself during bear markets.
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DCInvestor's exclusive NFT collection
While NFT collections are not as liquid as fungible coins, today, DC's collection is estimated to total 4,200 ETH or $11.6 million today.
Some of the most popular pieces in the collection include:
6 x autoglyphs
6 x CryptoPunks
9 x Fidenzas
23 x bells
6 x Chromie Squiggles
19 x Memories of Killeen
8 x Xcopy
3 x DEAFBEEF
Plus several Beeples, Twin Flames by Justin Aversano and 28 Meebits.
“My mindset was to go in and basically put in the amount I'm willing to spend. If I'm wrong, the item goes to zero. But if I'm right, they could be invaluable over time,” says the DC investor.
“I didn't expect something so priceless to happen in six months. That was a bit of a surprise to me.
“My approach was just to collect one element. I don't buy anything that I need to sell. That has always been my philosophy. If I'm saving as much as I need in a year, I'm probably going to miss out on the biggest benefit of this, knowing that this thing is going to be so important.
Defining generative art as a genre
As a big fan of generative art and especially gene art on the chain, DCinvestor has collected from artists such as William Mapan (Anticyclone), Emily Xie (Memories of Killeen), Snowfro (Chrome Squiggles), Larva Labs (Autoglyphs) and Tyler. Hobbes (Fidenzas).
“Generative art introduces this element of randomness into it. It's like losing creative control for the artist. I am not an artist, but this is just my view. I think it's amazing,” says DCinvestor.
“It's like the artist creates a machine and puts it on a chain and then the user interacts with it and the artist can't really control what comes out of it. But they set it up with certain criteria, then the user gets something out of it, and whatever comes out of that becomes part of that collection.
“It's permissionless, it's decentralized, and the results can be traded in a permissionless and decentralized way. I don't know if a normie would understand that. To me these are important factors for the valuation and how this works.
Bullying at the nexus of technological developments
Anyone who remembers the pre-internet of the world went online in 1991 and watched the evolution of the web, DCinvestor cannot remember a more exciting time as the convergence of crypto, NFTs, AI and AR/VR marks the beginning of a new wave of technology.
“When I think about the progress we made between 1990 and 2010, I think that was really a very fast time for web technology,” he says. “It kept going until 2008, many say 2010. That's when the modern smartphone as we more or less know it started.”
“Honestly, for the last 13 years, I was depressed. Not really worried, but in context, is the magic still there? I've had moments where I thought crypto was amazing, but in terms of technology, the things we buy and bring into our homes, I didn't see anything that excited me.
Getting your hands on one of Apple's Vision Pros as soon as they dropped, DC is pretty much acknowledging the device's best days.
We're still in the mass market, but imagine the arms race between Apple, Meta, and everyone else who gets into this now?”
“I'm excited for what's happening and for people who are digital like all of us. The world is going to be our oyster. I think everyone is struggling to figure this out, but we're going to figure it out.
If I sound like I'm raving about Vision Pro, it's that I'm sponsored by Apple (I'm not 😂).
Maybe it's because I'm afraid I'll never feel this excited about physical technology again.
Magic that reminds me of when I used a PC, NES, smartphone, iPhone, iPad, etc.
We are very much back
— DCinvestor (@iamDCinvestor) February 5, 2024
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Apple Vision Pro is great for NFTs.
He recorded this interview with Cointelegraph on his own Apple Vision Pro, after spending a few days drowning himself.
“I feel more present in my physical environment because I have content to see around me,” he says.
“It was a glimpse into the future, where we'll get to a point where our digital world will seamlessly interact with our physical world.”
And DC notes that seeing NFTs through Apple's Vision Pro could be a game changer.
“It's a balance thing. It doesn't have the same presence when you look at art and just on your regular screen. We all have the experience of seeing things in a big way. If we go to a museum, we turn a corner and then there's this huge painting, your jaw drops, and you're like, ‘Oh my God, look at the size of this thing,' or look at the ceiling. , and someone painted the wall, and it looks incredible. It just has that balance and presence. I couldn't have that experience with NFTs before using this headset.
Develop a winning mindset
DC primarily tweets about crypto and NFTs, but is also interested in sharing his thoughts on broader life philosophies. This tweet last month was especially important for him to get out into the world.
If you believe in your heart that winning is impossible for you, you cannot win.
— DCinvestor (@iamDCinvestor) January 14, 2024
“What I see in society right now on my schedule is, for lack of a better word, it feels like a failure. I can't do this. Oh, the odds are against me. Oh, I can't because this bad thing happened to me. There is no way I will succeed. I think the thought process is very, very destructive. I think it's a societal epidemic where everyone is told, if you're not successful, it's not your fault,” says DCinvestor.
“There is definitely an element of luck in life, and we have to accept that. I am blessed. I am very lucky. I also created many of my opportunities. We've all dealt with difficult situations. I feel like we start from the default of ‘oh well, because my circumstances were worse, why can't I be successful'. I think this is completely self-defeating.
“People have to have the confidence to believe they can do it. Before I became successful in crypto investing and fundraising, I had a vision in my head of being successful at these things and I never told myself that I couldn't do it.
Breaking free from a scarcity mindset and recognizing challenges are all part of the journey DC wants to infiltrate in society.
“When you're in this position, there's no way you can win. I see this in family members as well, when they see people who focus on why they can't succeed. That's what they think about. Every day they think about all the reasons they couldn't win.”
“I think about how I can win here every day and the reasons why I can win. And yes, I will have challenges and obstacles, but here's how I can overcome them. I know this sounds sweet, but I think it's deeper.”
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Quick fire question and answer
Do you own your top 3 favorite NFTs?
Autoglyph #135 by Larva Labs
CryptoPunk #294 by Larva Labs
Dial number 104 by Dmitry Chernyk
Are you exploring NFTs on Bitcoin and Solana?
“It's not true. I collect the items on Ethereum because:
1) I believe in Ether as a long-term asset, and I think that's part of my thought process.
2) To be honest, I strongly believe that Ethereum will continue to exist.
3) Due to the declarative nature of the Ethereum blockchain, I can natively use my assets in all kinds of smart contracts without additional trust assumptions.
4) Most of what I've collected is on-chain generative art so it doesn't really affect the value proposition of Ordinals.
For those reasons, I'm 100% on Ethereum right now when it comes to NFTs, and there's nothing wrong with that.
The value of having NFTs on Ethereum can be used as permissionless collateral to borrow against.
A high-level use of physical art in free ports is that very rich people borrow against it without selling it.
Being able to chain it is very powerful.
— DCinvestor (@iamDCinvestor) January 7, 2024
What do you think of the current undervalued or underappreciated NFT collection?
“There are a lot of creative art collections that fall into that bucket. I think Memories of Killeen by Emily Xie is a wonderful collection; It was very good.
“My favorite archetype is another great set by KJTil Gold, so I feel like these two don't get as much attention as they deserve.
“I think a lot of DEAFBEEF stuff doesn't get the attention it deserves, even though it's a good size. Mutant Garden Seeder is another one. Even things like Mfers, I think deserve more attention. I believe these collections will gain better attention over time.
Favorite 1 of 1?
“Justin Aversano Twin Flame is definitely one of my 1 favorite.
“Perhaps the most unique to me is the installation of a new collision in Redux 5, which is XCOPY. Although there are six portraits he made as part of that series, each one is different.
“It was great for me to be able to get that, and it wasn't cheap. I already wanted to have XCOPY, as he is one of the most influential crypto artists out there, so someone is up. Justin Aversano's twin flame is another high up there.”
Name another person who has a great collection
“I think SnowFro has one of the best sleep sets out there. If there's anyone whose collection I admire most and who has a diamond hand at some of the most stunning pieces, Snowfro is definitely up there.
What advice do you have for someone trying to survive crypto in the long term?
“There are always new narratives and new things, but how much are you willing to bet? Like, let's say your total net worth is in this chain of weeks or months. Will it be dominant in 20 years?
“Put yourself in the perspective of what investments you're willing to hold for 10 or 20 years. If you fell into a coma tomorrow and couldn't touch one of these things, what would you want to have when you woke up in 20 years?
“Most people are underperforming holding Bitcoin or Ether or a combination of them. That truth is true. I think people come to this place, and they're fooled by all the salespeople they see, and they think they're super successful. They don't see that it's pure survival bias.
“There's a lot of people I've seen years ago, most of whose names I've actually forgotten, pissed off, man.
“I think you should adjust your bets accordingly. Be conservative, have some possessions and more conservative positions. Don't over invest, don't put too much into the market. If you need to sell anything within a year to survive, you are overinvested. To be honest, maybe more than a few years. This is my view.”
Links
X.com: /iamDCinvestor
gallery.so: /dcinvestor
deca.art: /DCinvestor
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Greg Oxford
Greg Oakford is Head of Development and Partnerships at Upside DAO, Australia's leading crypto and web3 collaboration hub and investment fund. He is an avid NFT collector and founder of NFT Fest Australia. Prior to crypto, Greg was a marketing and sponsorship specialist in the sports industry working on professional events.
Follow the author @GregOakford