NFTs are well on their way to becoming a multi-billion dollar asset class. At TCG Crypto, we believe NFTs are the ultimate consumer onramp into web3. In an era where we are seeing what it means to truly live online, NFTs are the financialization of our virtual economy.
Today, NFTs are one of the biggest and most broadening utility functions in web3. They prove and transfer value on the blockchain, permeating ecosystems across play-to-earn, marketplaces, guilds, and consumer applications. NFTs provide a new form factor on top of which narrative, storytelling, relatability, and ownership can be built. They take the shape of digital art, community access, virtual real estate, music rights, gaming assets, and so much more.
As our physical and digital lives continue to converge, NFTs are how we represent ourselves. Collectively, they form who we are.
Enter Flamingo, a leading collector DAO community of artists, builders, investors and others who collaborate to collect the world’s most interesting NFT assets. Flamingo was founded in October of 2020 with the purpose of attracting some of the brightest minds in the NFT space to coordinate with one another and curate an index of the leading projects in the space through participatory investment.
Since then, Flamingo has become the top DAO collective for NFTs, not just in its accrual of the industry’s top commodities but also as the tastemakers of a burgeoning movement, rapidly expanding across formats, mediums, and value.
We are excited to share that TCG Crypto has joined Flamingo. NFTs will revolutionize how the web values digital content, and we are grateful to join those we view as the best in the space to drive this critical movement forward. At its core, the opportunity in web3 is community driven, collaboration first. The most impactful products and successful businesses will come from many, participating together towards a common goal. This is the promise of DAOs and it has been embraced and demonstrated by the members of Flamingo over the past year.
We look forward to actively contributing to Flamingo and supporting the artists, creators, and collectors who are defining this next phase of the web.
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TCG Crypto is an investor in Flamingo DAO. None of the information discussed herein is intended to be, or should be construed as, financial advice, or an offer to sell or a solicitation of an offer to buy an interest in any security.