“Basquiat's work increases in value because the number of people who know the story increases while the supply does not. Luxury brands are trading on heritage and storytelling, not only products. Similarly, if you are wondering if the value of Cryptopunks will increase over the next 25 years you only need to ask: Will people still talk about them in 25 years?”

Love that take.

“Basquiat's work increases in value because the number of people who know the story increases while the supply does not. Luxury brands are trading on heritage and storytelling, not only products. Similarly, if you are wondering if the value of Cryptopunks will increase over the next 25 years you only need to ask: Will people still talk about them in 25 years?”

Love that take. 

https://www.tetragrammaton.com/content/whycollect