Vaulted by PROOF · PROOF/Yuga Labs

100 PROOF Live: Is the NFT Bull Run Back?

October 28, 2023·56 min·4 clips
Thank You X reveals top galleries turned him down before web3 got Sotheby's to finally say yes.
The room opens loose. A standard no-investment-advice disclaimer turns into GM energy, a late start, and the host explaining that a school Halloween gathering had him in full Bowser mode a few hours before recording. The panel is virtual today, but it still feels live and slightly scrappy. That helps once the conversation gets deep into art mechanics. Snowfro becomes the main art thread. The panel digs into how his work carries little links back to Chromie Squiggle, especially through recurring hypers that keep turning up across projects and collaborations. Collectors seem to like that continuity. One speaker says the visual language feels consistent without flattening into the same move again and again. Then Velocity Pass takes over. The strongest point is simple: collectors got one piece free, and the drop still made money through a Dutch auction. The current floor is 0.6 ETH. The panel reads that as evidence that pass holders, collectors, and artists can all come out ahead when the mechanics are set up well. The Per Christian Stovlen example makes the case sharper. A prior Dutch auction cleared at 0.3 ETH, the floor later moved to 1.5 ETH, and it has settled closer to 0.95 ETH, at least in the panel's telling. The mood is upbeat without getting wild. There is real curiosity about which names come next, how creative the next version gets, and whether Velocity Pass can keep pulling off this collector-friendly pattern. Connectivity gets rough in spots. The live format shows its seams, but the panel keeps rolling with the same collector roundtable rhythm. Near the end, the conversation widens. Mythics come up as a new entry point for members, with future work mentioned alongside the Santori group, Sakazuki, Moonbirds, and partners tied to Japan activation. The close is messy and warm. Amanda and Sam get thanked, the stream owns the jerky moments, and the rare outro music makes the technical wobble feel oddly fitting.

As heard by us

A loose, collector-minded look at NFT art momentum, Snowfro physicals, and Velocity Pass incentives.

Vaulted by PROOF treats the NFT rebound question through the mechanics of art drops and collector access, with Snowfro's visual language and Velocity Pass as the useful case studies.

Read the full review in PlayNext →

Why you'd press play

You want an NFT conversation with real numbers, not polished talking points.

Read the full recommendation in PlayNext →
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