My net worth peaked at $1.2 million.
None of it was real.
I don't mean that philosophically. I mean it was located on servers that have since been turned off.
I own eleven properties in the metaverse. Three in Decentraland. Four in The Sandbox. Two in Voxels. One in Otherside. And a beachfront villa in Horizon Worlds that I bought for $214,000 because Mark Zuckerberg called it "the next frontier."
The frontier closed last week.
It's a mobile app now.
Last year I mass DM'd 340 people the phrase "you don't understand how early we are." I have since stopped doing that. Not because I was wrong. Because most of them blocked me.
I got into metaverse real estate in November 2021. Everyone was buying. Someone paid $450,000 to be Snoop Dogg's neighbor. In a video game. With no legs.
The avatars didn't have legs.
I thought that was bullish. "The legs are coming," I told my Discord. "Legs are a roadmap item." Three hundred people reacted with rocket emojis.
I called myself a "digital land baron."
I put it in my Twitter bio.
I put it in my LinkedIn headline.
I said it on a podcast that had eleven listeners. Three of them were bots. The rest were my alts.
My virtual property has more square footage than my actual apartment.
My actual apartment has furniture.
Location, location, location.
My most valuable asset was a plot next to a virtual Gucci store. Gucci left in 2023. The store is still there. Nobody's in it. It's like a mall in Ohio but with worse graphics and no food court.
I held.
Diamond hands.
That's what we said. "Diamond hands." It means refusing to sell while your investment loses 94% of its value. We turned financial paralysis into a personality trait.
A guy in my Discord paid $2.4 million for a 618-parcel estate in Decentraland. Prime district. High foot traffic. I asked him what "foot traffic" meant when the platform had 38 daily active users.
He said I didn't understand the technology.
I didn't.
I still bought more.
We had a DAO. A decentralized autonomous organization. That means we voted on decisions. There were nine of us. Three never showed up. Two voted on everything without reading it. The other four were me and my alts.
We voted to "acquire strategic parcels."
The vote passed unanimously.
I voted four times.
My portfolio peaked at $1.2 million. I told everyone. I made a spreadsheet. I projected 40x returns by 2025. I made a pitch deck. The pitch deck had a slide that said "WE ARE BUILDING THE DIGITAL ECONOMY."
The slide had a rocket emoji.
That was my entire financial model.
In 2023 I bought a Bored Ape for $189,000.
It's worth $14,000 now.
I don't talk about the Ape.
I still use it as my profile picture. People ask me about it. I say "I'm long-term bullish." Long-term bullish means I can't sell it without crying in a Panera.
My mom asked me what a Bored Ape was.
I said "digital art on the blockchain."
She asked why it cost more than her car.
I said "you don't understand Web3."
She said "I understand you live in a studio apartment."
She's not in my Discord.
Justin Bieber bought one for $1.3 million.
It's worth about $90,000 now.
I felt better about mine after I heard that.
That's community.
WAGMI. We're All Gonna Make It. We said that every day. In the group chat. While the floor dropped. While the volume dried up. While 95% of all NFT collections went to zero.
We're all gonna make it.
None of us made it.
But we said it with conviction and a laser-eye profile picture. That counts for something.
It doesn't.
But we said it did. That's decentralized consensus.
Meta spent $84 billion on the metaverse.
I need to say that again.
$84 billion.
More than the GDP of Luxembourg. More than the GDP of Iceland, Luxembourg, and Malta combined. They spent it on a platform where the avatars had no legs, the graphics looked like a 2006 Wii game, and the peak user count was lower than the lunch rush at a Chipotle in Des Moines.
They just pulled Horizon Worlds from VR headsets.
It lives on as a mobile app.
My beachfront villa is now a mobile app.
Location, location, location.
Zuckerberg renamed the entire company for this. Facebook became Meta. A $900 billion company changed its legal name because the CEO watched Ready Player One and said "I want that."
Reality Labs lost $10 billion in 2021. $14 billion in 2022. $16 billion in 2023. $18 billion in 2024. $19 billion in 2025.
That's not a strategy. That's a speedrun.
They laid off 1,500 Reality Labs employees this year. Shut down three VR studios. Killed Supernatural. Put the entire VR social vision in a casket and said "we're pivoting to AI and wearables."
The pivot took four years and $84 billion.
I pivoted too.
I'm an AI real estate investor now.
I bought a virtual plot in an AI-generated world that doesn't exist yet. The founder said it was "the intersection of spatial computing and large language models."
I don't know what that means.
I gave him $40,000.
He has a whitepaper. It's 47 pages. I read the title and the tokenomics section. The tokenomics section is a pie chart. I love pie charts. They make everything look like a plan.
The project has a roadmap. Q1: "Build community." Q2: "Launch beta." Q3: "Scale ecosystem." Q4 is blank.
Q4 is always blank.
That's where the exit scam goes.
My accountant asked me to value my metaverse portfolio for tax purposes.
I said $1.2 million.
He said "current market value."
I said $6,400.
He stared at me for eleven seconds.
I know because I counted.
He asked if I had any other investments.
I showed him my NFTs.
He stared for longer.
I told him they were "cultural artifacts with long-term provenance."
He asked if I'd considered a 401k.
I told him a 401k was "legacy finance."
He told me to leave his office.
The metaverse is dead.
I don't accept that.
I am a digital land baron. I own eleven properties across four platforms. I have a beachfront villa in a mobile app, a plot next to an empty Gucci store, and a cartoon monkey that cost me more than my actual car.
Location, location, location.
The location is nowhere.
But I'm early.
I'm always early.
That's the same as being wrong except you get to say it with confidence.
€441 motorrijtuigenbelasting.
Voor één kwartaal. En ja, ik hoor het al:
“Ja maar Niels, je rijdt een Porsche.”
Klopt, maar €441 per kwartaal is €1.764 per jaar. Voor exact dezelfde auto betaal ik in Spanje minder dan dat voor een héél jaar.
Zelfde auto.
Misschien iets minder perfect asfalt.
Maar wel duizenden kilometers aan wegen waar je daadwerkelijk dóórrijdt.
In Nederland betalen we ons scheel.
En waarvoor?
Er wordt altijd gezegd:
“Ja maar onze zorg is beter.”
“Ja maar onze wegen zijn beter.”
Maar wat heb je aan een biljartlaken van asfalt als je structureel in de file staat?
Wat heb je aan een zorgstelsel met een eigen risico van ruim €500 als wachttijden oplopen en premies blijven stijgen?
Nederland is onbetaalbaar geworden.
We worden uitgekleed.
En wat krijgen we ervoor terug?
Een procentuele glimlach en de boodschap dat het ‘nodig’ is.
Misschien wordt het tijd dat we stoppen met alles maar normaal te vinden.
Wat vinden jullie, is dit nog uit te leggen?
The most iconic Murakami trait
Our dive into Murakami Drip keeps gaining. Next up is probably the most recognizable trait - the one by which most people instantly identify Murakami’s genius. Of course, we’re talking about the flowers. From collaborations to pop art, there are hardly any spaces these famous blooms haven’t reached. Hope their story is as interesting to you as it is to me.
The motif appeared in the mid-90s while Murakami studied nihonga in Tokyo. Inspired by the setsugetsuka theme (snow, moon, flowers), he painted dozens of blooms on one stem - which became his signature smiling daisies. First seen around 1995, they evolved from rainbow flowers to Flower Ball, gold-panel works, and even pixel NFTs.
Murakami said there’s a darker layer behind it. The flowers reflect repressed emotions and Japan’s post-WWII trauma. The smile is a forced mask over pain, while the closed eyes hint at suppressed feelings.
In #CloneX, Murakami flowers show up in hats and the Rainbow Flower Puffer. There are roughly 250 of these Clones in total. I'll post my favourite one.
To be continued...
The Arts DAO Clubhouse includes its own Café & Restaurant to refuel and recharge our members.
Kickstart with a warm cup of coffee, enjoy a casual meal with friends, have a matcha-fueled coworking session, or simply stock up on the calories required to power through your day.
I’ve stepped into a new role as 𝗛𝗲𝗮𝗱 𝗼𝗳 𝗖𝗿𝘆𝗽𝘁𝗼 at Deel.
The mission is clear: make payroll 𝗲𝗳𝗳𝗼𝗿𝘁𝗹𝗲𝘀𝘀 — whether it moves on-chain or off-chain.
Next on-chain moves, straight from the lab 🧪
• 𝗢𝗻-𝗰𝗵𝗮𝗶𝗻 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 – Fund payroll instantly from any wallet, no middlemen, no delay ⚡
• 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗣𝗮𝘆𝗿𝗼𝗹𝗹 – Pay your team in stables, always on time 🎯
• 𝗪𝗼𝗿𝗸𝗲𝗿 𝗪𝗮𝗹𝗹𝗲𝘁𝘀 – Let your team hold, spend, and earn, all inside Deel 🤑
We’re spinning up a dedicated crypto vertical; If you want to shape the next evolution of payroll and bring 𝗿𝗲𝗮𝗹 𝗼𝗻-𝗰𝗵𝗮𝗶𝗻 𝗳𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝗮𝗹𝗶𝘁𝘆 to millions of workers and businesses — let’s talk 🪃
Incredible result for us after a rough start to the weekend. Very proud of the team @redbullracing, we never give up 💪
Thank you to everyone around the track for the amazing support 🙌
Benit0 Monday 💚
I was shocked to hear the news yesterday. May he rest in piece and much strength for his F&F to process this loss.
Im so thankfull for all the moments I experienced through RTFKT. I know we didn't always agree but you set something in motion that affected many lives in web 3. Thank you!
Visionary, Genius, Mentor, Friend & Brother
The vision, mission and inspiration @benitopagotto gave to the world will live on forever. ♾️ 👁️🗨️
Heartbroken we lost a legend 💔🕊️
Dus een 50- of 80-jarige wordt hoe dan ook gecontroleerd bij tankstations als men een pakje sigaretten wil halen? Wie kan mij een goede onderbouwing geven waarom dit nodig is?
De enige reden die ik kan bedenken is de geesten langzaam rijp maken voor een digital ID.