THIS ARTWORK IS WORTH LESS ON FOUNDATION

“Artists are doing themselves a disservice listing on Foundation. The prices are lagging big time and you will dilute your brand value. SuperRare has a distinct price premium because it is professionally curated, OG, and has an active secondary marketplace. FDN is mostly memes.” —@beaniemaxi (Twitter, 2021) Beanie is a prominent NFT collector, investor, and analyst. The minting of ‘THIS ARTWORK IS WORTH LESS ON FOUNDATION’ on SuperRare, marks the completion of a bold conceptual statement diptych—effectively etching an indelible cultural moment within the NFT art movement, and is regarded by academic philosopher, art critic and curator, Klaus Speidel, as a seminal artwork that connects to some of the most important art movements of the 20th and 21st centuries. Deeply rooted in conceptual art, the artwork and its preceding opening statement piece, ‘THIS ARTWORK IS WORTH MORE ON SUPERRARE’, actively engages the viewer by offering statements which invite critical debate and discourse on topics relevant to the burgeoning culture of NFT art. Its visual elements typify the artist’s stylistic penchant for blending typography with free flow gestural painting, characteristic of abstract expressionism. As the lexicon of NFT art continues to be defined by art critics, academics, and historians, the use of blockchain technology as a layer component of the artist’s creation in exploring NFTs as a medium of expression, historically marks both artworks’ significance in form and style.