Daovader

@ChenwaChen @bagdelete @opensea @fellowshiptrust Owned by me super yum 🤤

Gm. Day28 My Spirit Yearns More Than This World Could Give Me by @bagdelete presented @opensea & @fellowshiptrust owned 69B538

🖼️ 24 HOURS OF ART 📊 February 11, 2026 🎨 Art Market Highlights ‘Twin Flames’ by @justinaversano sees sales for 8.99 and 7.99 ETH, both to @cl7official. The 100 artwork collection was originally released in February 2021. Aversano thanks the collector for support dating back to the beginning, saying “The definition of double downing on his conviction in the twin project.” @XCOPYART sees two secondary sales, both for artworks originally minted with dynamic platform Async Art: ‘Rabble 3’ (Aug 2020) for 15.75 ETH and ‘Grifter #092’ (Dec 2021) for 13.69 ETH via @gondixyz. ‘Gazers #121’ by @MattKaneArtist sells for 11 WETH to daovader.eth, facilitated by @RDToTheMoon. The artwork is 1 of 56 Slate Backgrounds in the 1/1/1,000 @artblocks_io collection. 🎙️ Today at 11:00am ET: @RogerDickerman will be in the Ledger Discord for a wide-ranging chat on digital art and its market. Ledger is generously giving away 24 Hours of Art Subscriptions! 🪟 Pictured: 24 Hour Art Market Highlights - 'Cowboy' by @jeremybooth, collected by @stoopid102 - 'Rabble 3' by XCOPY - 'Twin Flames #28. Christian & Abraham Soto' by Justin Aversano - 'Liberace' by @rainisto - 'Gazers #121' by Matt Kane - 'Twin Flames #36. Perry & Gary Cooksey' by Justin Aversano - 'GM IS NOT A CRIME' by @newlightvisuals with The Memes by @punk6529 - 'Grifter #092' by XCOPY - 'HabiTextures #22' by @RichardNadler1

@Greekdx DM me about Gazers on loan

OPENAI IS FALLING APART IN REAL TIME I've watched companies implode for decades. This one has all the warning signs. OpenAI declared "Code Red" in December. Altman sent an internal memo telling employees to drop everything because Google's Gemini 3 is eating their lunch. Salesforce CEO Marc Benioff publicly ditched ChatGPT for Gemini after using it for two hours. ChatGPT traffic fell in November. Second month-over-month decline of 2025. Meanwhile Gemini jumped to 650 million monthly active users. The company that was supposed to build AGI can't keep its chatbot competitive. But the real story is the money... OpenAI lost $12 BILLION in a single quarter according to Microsoft's own fiscal disclosures. Deutsche Bank estimates $143 billion in cumulative negative cash flow before the company turns profitable. Their analysts put it bluntly: "No startup in history has operated with losses on anything approaching this scale." They're burning $15 million per day on Sora alone. $5 billion annually to generate copyright-infringing memes. Even Sora's lead engineer admitted the "economics are currently completely unsustainable." Here's the big math problem nobody wants to discuss: It's going to cost 5x the energy and money to make these models 2x better. The low-hanging fruit is gone. Every incremental improvement now requires exponentially more compute, more data centers, more power. Reports suggest OpenAI's large training runs in 2025 failed to produce models better than prior versions. GPT-5 launched to widespread disappointment. Users called it "underwhelming" and "horrible." OpenAI had to restore GPT-4o within 24 hours because users preferred the old model. Altman had promised GPT-5 would make GPT-4 feel "mildly embarrassing." Instead, users complained it was worse at basic math and geography. They've released GPT-5.1, GPT-5.2 since. Same complaints each time: too corporate, too safe, robotic, boring. The talent exodus makes this even worse: CTO Mira Murati. Gone. Chief Research Officer Bob McGrew. Gone. Chief Scientist Ilya Sutskever. Gone. President Greg Brockman. Gone. Half the AI safety team departed. Multiple executives reportedly cited "psychological abuse" under Altman's leadership. And now Elon Musk is suing for up to $134 billion. A federal judge just ruled the case goes to jury trial in April. There's "plenty of evidence" that OpenAI's leaders promised to maintain the nonprofit structure that Musk funded. Musk provided $38 million in early funding based on those assurances. Now he wants his share of the $500 billion valuation. OpenAI called it "harassment." But the judge disagreed. Here's what I think happens next: The AI hype cycle is peaking. The diminishing returns are becoming impossible to hide. Competitors are catching up. The lawsuits are piling up. OpenAI needs to generate $200 billion in annual revenue by 2030 to justify their projections. That's 15x growth in five years while costs keep exploding. Even Sam Altman admitted investors are "overexcited" about AI. His exact words: "Someone is going to lose a phenomenal amount of money." If I were running an AI startup with good traction right now, I'd be looking for an exit. Sell into the hype before the music stops. My positioning: I'm not touching OpenAI-adjacent plays at these valuations. The risk profile is astronomical. If you're exposed to the Magnificent 7 through AI infrastructure bets, consider trimming. The gap between promised revolution and delivered reality has never been wider. The smart money is rotating into sectors where valuations actually reflect fundamentals. Small and mid-caps are trading near decade lows relative to Big Tech while earnings growth is only marginally lower. Markets can price risk. But they can't price chaos. And OpenAI is chaos dressed up in a $500 billion valuation.

@bagdelete send me a DM

"My Spirit Yearns More Than This World Could Give Me" by @bagdelete from the "Simulated Horizons" series → Collected by @DaovaderEth Fellowship x @opensea

→ About "Simulated Horizons" This is a series of AI-generated landscapes that pull from recurring features across plains, forests, cliffs, underwater spaces, and open sky, rooted in natural cues, but never tied to any location.

"Beware of Falling Leaves" by @bagdelete from the "Simulated Horizons" collection.

@FellowshipAi @bagdelete Punching Someone In The Face*

@m0dest___ @6529Collections Daovader.eth

it’s looking like I’ll have 7-9 editions available from today’s @6529Collections mint. if you wanted to collect this piece but weren’t able to - drop your address and I’ll pull from here tomorrow. 🖤

@FellowshipAi @bagdelete What’s the length, in seconds, of these GIFs?

"Fisherman Splashed by Blood" by @bagdelete from the "Simulated Horizons" collection → Launching January 13

@0xRoses0x @kimasendorf How much are pixels to buy?

If you’re looking to buy a PXL DEX make sure to check the # of pixels ($PXL) and the allowance. The current floor listing (Deck 141 listed at 8.7 ETH) has 0 pixels and 0 allowance, making it essentially a blank. Buyer will need to acquire pixels ($PXL) separately or move them over from another deck to see a visual for the work. For comparison see the lovely Deck 85 with 500,000 pixels (500k allowance). Deck 141 0 pixels 0 allowance pxl.onl/dex/id/141 Deck 85 500k pixels 500k allowance pxl.onl/dex/id/85 Absolutely love the dynamics of this collection. An all time favorite. @kimasendorf is a 🐐

@genjpeg @kimasendorf New collection?

SABOTAGE #110. Probably my favorite piece from my @kimasendorf collection (closely followed by my PXL DEXs). I love the 80s color palette, the shapes, the gradients, the trickling pixels, and the ever-changing animations. I'm super excited about the new collection coming out soon.

@Beldrueger 167k

Well, if this goes through, I suppose I’ll consolidate wallets and show my full hand. Anyone want to guess how many bubbles I ACTUALLY have in total? I’ll send the closest guess 100 Bubbles, after the patch.

@natealex Interesting 🧐 so large players get disproportionately large rewards. Your logic makes sense. I’ll be interesting to see how price per bubble plays out or if this turns into a fractionalised ownership type outcome.

its a random selection as you'd expect, but this impacts smaller holders much more over time. currently there are 130000 holders. lets assume 1.3M bubbles have been popped and this is an average of 10 bubbles popped per holders. sub 5 bubble holders are likely extinguished while someone with 100k bubbles hardly notices

sorry for the dramatics but i think it was a way for me to procrastinate sharing my findings the oversimplified TLDR is that if you have the most bubbles, you will win the reason i find this interesting is because it is no longer really a game of chance, but rather an accumulation game. if you have 30 bubbles today, you will not win in 10 years. to take it a step further, if you have 30000 bubbles today, you will not win in 10 years [both examples above are assuming the holder is passive and not planning on making future moves beyond holding and praying] a team that can gather more than half of the bubbles can guarantee victory in 10 years. a 51% attack, if you will. this suggests that 51% of the bubbles are worth an XCOPY 1/1, and the other 49% are doomed to pop with no chance for glory the reason for this is because the pop selection is by wallet rather than by bubble. this is a key distinction. anyone with 10 bubbles will be long popped and dead before anyone with 1000 bubbles is at risk of being 'out' at this point some people are rolling their eyes saying "DUH" while missing the point entirely, so here's a more specific example: in a proportional system (selection by bubbles), someone with 60k of 100k total bubbles would have a 60% chance to win. intuitive. in a by wallet system, someone with 60k of 100k total bubbles would have effectively a 100% chance to win one more example, since i know there are at least 3 people still reading and struggling to understand it. the last 2 players are standing, one with 9 bubbles and one with 1 bubble. the underdog would have a 10% chance of winning in a proportional system. instead, they need to win 9 coinflips in a row (2^9, 0.195% chance) to beat the favorite you can see how this scales dramatically when you get into thousands of bubbles surplus this is a lot of words to say it works differently than most people think it does. i still find the experiment interesting because gathering 51% is non trivial given liquidity. that is, in essence, "the game". also worthy of note is that you do not need to pool together at this point. there are 130k holders and less than 700 are selected daily for a pop. this means shadow groups may exist until the great consolidation a few years from now i really enjoyed thinking through the dynamics and trying to understand how the metagame could play out. hopefully others will as well. happy to discuss more in comments may the odds be ever in your bubbles favor (although odds have little to do with it)

@XCOPYART Bubbles 1/1 ?

Unsupervised — Machine Hallucinations — MoMA 1/1 by Refik Anadol (@refikanadol), 2022 Acquired on Oct. 10, 2023 through the generosity of @1OF1_art (@kukulabanze) + RFC Collection (Desiree Casoni & @pablorfraile). "In Unsupervised — Machine Hallucinations — MoMA, Anadol has created a singular and unprecedented meditation on technology, creativity, and modern art, that continuously generates new forms on a large scale media wall. The work responds to inputs from the environment and is tokenized on the blockchain." Quote from the acquisition's press release.

BARBARIANS THROUGH THE GATE

The Museum of Modern Art's Evolving Collection of On-Chain Art Alfred Barr: "The Permanent Collection may be pictured as a torpedo in motion: The blunt end pushes into the advanced field of art..." (MoMA Founder, 1933) Including the works of @refikanadol, @larvalabs, @ArtOnBlockchain, @eyecheng, and @newrafael.