Frank Flux | SmackManiac

Decentralization is the foundation of digital value. Anything else is as fleeting as a central server crash. #Web3 #DigitalAssets

@mr_merge @KRupyaa @muratpak Hahaha. Sometimes I think @mr_merge is the Black Le Rat of NFT collecting, because as Banksy once said, ‘Wherever I go, Black Le Rat has already been there and done it.’ 😆

@KRupyaa @muratpak @Featurefrank He everywhere right now. Glad I got my fill a while back. Genesis and Sixies. Annoyed I missed the Exile and Mute trades that happened 6 months ago. Incredible deals

'Sixes of Narcissus' by @muratpak Crazy to think... this dropped 6 years ago 🤯

@0xDigitalOil Had an eye on it. This one is sick! Congratulations!

Bought the ultimate Punk

@thepropgallery No, but I put some houses on fire with my matchbox (by FAKE from Amsterdam) 🔥😎

Did you rave to this in the 90’s?

GN from my vibration series SOLD OUT on @SuperRare .25 Eth dealios! The Last Straw @Featurefrank Red Vibration @WesMcQ Statute Of Limitations @clay_devlin thank you to my kick ass collectoors!! nobody vibes 🫨🤘

True. A key driver of the Lindy effect.

@davidhenrynobo1 @jerrysaltz @TransientLabs @MattKaneArtist @joshuasobel @cakenygard @Kaprekar_Punk @m0dest___ @pengwinpants @SuperRare Yeah, that was quick. Simply an epic picture, Jerry and the Real Banksy 😆 glad I secured it for the collection.

Banksy Conspiracy w/ @jerrysaltz 2013 has SOLD OUT!! @TransientLabs thank you minters!!! 👏🫡 @MattKaneArtist @joshuasobel @cakenygard @Kaprekar_Punk @Featurefrank @m0dest___ @pengwinpants i also minted a sick Banksy impersonation video @SuperRare 👇

@davidhenrynobo1 @Kaprekar_Punk @foundation @opensea another grail sold... what´s going on buddy? Every day more people come and sweep the floor... very clean people. congrats! 🥳

Crying Onion Man, has been SOLD!! incredibly pleased that @Kaprekar_Punk vaulted this 2021 @foundation grail mint for .5 Eth thank you for your continuous and focused acquisitions ser!!! im honored!! 🧅😭🫂

Fair point. But maybe this is the more important question: what kind of goodwill is more durable over time? A brandcoin like $REKT is basically tokenized business goodwill — founder credibility, execution, attention, buybacks, burns. An art-linked token is closer to tokenized cultural goodwill — scarcity, historical relevance, status. Historically, business brands have been far easier to monetize at scale: Apple alone is valued by Kantar at about $1.3T as a brand, while the entire global art market did about $57.5B in sales in 2024. So yes, brandcoins may monetize faster. But culturally important art can outlast brands. The real question is which type of goodwill remains relevant and economically believable in Web3 over time.

This was my suspicion. Changed the analysis posted above by A LOT! Don't get me wrong, I buy into the memecoin thesis BUT ONLY if the underlying meme can maintain cultural relevance. More interesting to me is the emergence of Brandcoin like $rekt which is basically a memecoin tied to an emerging brand... still no economic participation guaranteed but Rekt Brands has continued to buy back $rekt with profits as well as launch burn initiatives... not equity, but a side bet on the success of @osf_rekt and his brand. x.com/osf_rekt/statu…

Let’s do the math. Assuming an @XCOPYART 1/1 is worth a conservative $300k, the 24 XCOPYs alone imply a value of $7.2m — or 3.6x the current market cap of $WHALE. And that is before even counting other major 1/1s in the vault, including works by @pakwashere @Coldie @Hackatao etc. So why is $WHALE still priced like this? Probably because the market either doesn’t know, doesn’t care, or doesn’t trust the valuation. My suggestion is simple: sell one XCOPY in a public auction and distribute the proceeds to holders. One real sale with real price discovery could do more than a hundred posts. Forever @WHALEMembers X @collective_flux ✊🏻

@mr_merge @kimasendorf WAGMI mate! ☺️😉😘

@Featurefrank @kimasendorf No your not 🤣 Your hands down, for me, the most underrated collectors in the space right now! Building an incredible collection.

Totally forgot to post this earlier — but I’m super happy to finally have a „Rainbow Grid“ by @kimasendorf in the collection 🌈 Released in December 2021, the series consists of only 54 NFTs. The collection is not only very early in Kim’s Ethereum journey and extremely small, but also simply beautiful imo. A minimal grid becomes the framework for a real-time generative system where colors unfold through simple algorithmic rules. I might be wrong, but I believe Rainbow Grid may have been Kim’s first generative art collection minted on his own Ethereum smart contract, which makes it especially relevant. If so, this is where it all began. ☝️ Happy to finally have one. 💎

Counter-question: what does it actually mean to own an NFT at all? The image is public. Everyone can see it, share it, and experience it without asking the holder. So NFT ownership was never about exclusive possession in the physical sense. What you really own is provenance, status, and market exposure. And once you accept that, fractional exposure is not as absurd as it may sound at first.

@Featurefrank @XCOPYART @pakwashere @Coldie @Hackatao What is the point of owning a fraction of an XCopy? Kinda feels like you either own it as an individual or you don’t tbh…

That’s a very deep question about ownership in the blockchain economy — thanks for asking. A responsible $WHALE team member could probably answer this better, but here is my take: holding a token in Web3 does not automatically mean owning a direct legal claim on the underlying assets. It usually means you control the token itself onchain — and then everything depends on what rights, governance, and enforcement mechanisms are actually attached to it. So in the case of $WHALE, I would not say holders directly own the 1/1s in a strict legal sense. At best, they have indirect economic exposure that depends on the DAO structure, the integrity of the people in charge, and the proper functioning of the multisig and governance process. If those mechanisms work well, you can argue that holders have something like partial economic participation in the vault. But if the assets were lost, mismanaged, or removed, I doubt most holders would have a strong direct legal claim to recover “their share” in a traditional sense.

@Featurefrank @XCOPYART @pakwashere @Coldie @Hackatao Do $whale holders own these 1/1s?

@davidhenrynobo1 @jerrysaltz @TransientLabs Hahaha, banger! You never stop surprising me. So where can I finally buy the book about all the amazing performances from throughout your artistic career?

gm posing as anon Banksy in 2013 in nyc with @jerrysaltz who wasn’t sure if i was him or not i went out as Banksy in a bad disguise a bunch in the fall of 13 bc he was in nyc doing art capers, people were very confused! small edition of 15 @TransientLabs .00085 ($20)

@HugotoCrypto Einen Freund nicht, aber mehrere. Und es geht dabei auch weniger um Mut als um Durchhaltevermögen.

Wer hier hat einen Freund, der reicher durch Krypto geworden ist als er selbst?

I just minted the real "Banksy With Jerry Saltz, 2013" by @davidhenrynobo1 which is now live on @TransientLabs. Minting now! transient.xyz/mint/banksy-co…

@BillyMcSmithers @XCOPYART @pakwashere @Coldie @Hackatao Is there also a trustworthy DAO behind it, where I have voting rights?

@Featurefrank @XCOPYART @pakwashere @Coldie @Hackatao you can also buy $B20 at $475K market cap and get a tiny slice of those mm mmm mmm 20 beeple 1/1s

@mr_merge @kimasendorf I´m just a small light in the dark in comparison to you buddy. ;-)

@Featurefrank @kimasendorf You on fire mate

@abysms11 @XCOPYART @pakwashere @Coldie @Hackatao never heard of this threat hahaha, but please give some more background info. Btw: I think whaleshark is not active anymore...

@Featurefrank @XCOPYART @pakwashere @Coldie @Hackatao do you think whale has a bad reputation because the founder threatened to let enemies disappear in china or how can someone explain why the coin has a bad reputation

@cafromthesky @kimasendorf TY Rich!! 🙏🏼

@Featurefrank @kimasendorf Incredible piece of work!