Seeing a lot of people debating Twelvefold. Let’s be real folks. It was a corporate collectible project that was built to extract value from the generative art and ordinal hype bubbles and did so effectively. Did it do anything novel with either of those things and push tech forward? No. Did they utilize their acquisition of PROOF to elevate it at all post release? No. Seeing a lot of people say “when you buy art it’s not speculative”. Well this was sold on heavy speculation with a ranked auction with art that revealed after. Use it as a cautionary tale. Buy art directly from artists at prices you can afford to lose.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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