First Crowdfunded $ASH Piece Funded in $ASH #WeAcceptAsh
Long-term is my mantra: long-term collecting that leads to long-term results that drive long-term value.
Presenting: Pak / ASH One Pager NFT that updates with new information
“The Image is The Utility” Collection
Minting is now LIVE (2.5 days for WL, please scroll down for listings/bundles)
Opensea: https://opensea.io/collection/theimageistheutility
Contract: https://etherscan.io/address/0xe5e09510e359fd0f50e3a7b7e9c8c0daba9c8f01#code
Remember: there are two drop times (8 AM and 8 PM EST Jan. 30)
The one pager is dynamic: you will be the first to receive updated one pagers
#WeAcceptAsh
Timing:
Sales begins now. You may purchase a single NFT or a bundle of 1/5/10 NFTs (of course the more you buy the more you support this initiative).
2 weeks after 50% sold, a discord channel will open up (somewhere TBD) and initial drafts/topics will be shared for comment to all. High-tier access will occur shortly after.
There will be no other places for official information nor communication on this drop aside from Twitter.
Purpose
Purpose: crowdfund public $ASH investment report in native currency (like ARK's Big Ideas). First written $ASH NFT and $ASH crowdfund
Public good: anyone can use the report, funded by YOU, to discuss/communicate $ASH. To be used and shared with VCs/investors and will try my best to publish on major crypto news sites like Messari
Access pass: A Discord channel (in a yet to be determined Discord) will be opened to drive $ASH adoption, writing and analysis
o Base tier will gain early access to analysis/substack while high tier (15 or more NFTs) will have 1:1 access to me and input on what I should research/write on across crypto/finance. Financial advice will be provided. This will only be for those who believe my input will be of value to you but no promises (though many directions things can go)
Final piece minted as NFT and owned by all contributors
Patronage: shows your contribution / benefactors who allowed this to happen which will be recognized. The more you buy, the more you support this project and the final piece
The NFT: image = utility. The one pager's NFT image is the utility. Why?
The “one-pager” is a beautiful concept from the finance world which I imported to the NFT world in May 2021, after The Fungible: it forces one to crystallize ideas in a simple deliverable, while remaining thorough. It forces you to decide what is important and what isn’t in a noisy world. Billion $ investment ideas are sometimes shared using one pagers, a forcing function to be succinct.
This Pak/$ASH one-pager NFT image matters:
Function like a cheat sheet of information for you each time you access your wallet
Its utility, too, is to remind you to think clearly and write down why you want to commit to buy and hold something at scale (thinking in one-pagers)
Background and Further Motivation
Communicating has always been essential to me in NFTs, and having a focused place where WE can help drive ASH communication, a place that focuses on knowledge/analysis, and is long term focused, is important.
NFTs so far have largely provided for visual content monetization, but I want to challenge NFT use cases to support writing: creating publicly accessible research/analysis on the most innovative and exciting a social token.
I cannot create anything visual but love writing and creating many non-visual things of value (like a start-up/company, Twitter spaces, modelling/analysis, a community, or an art collection)
While my weekly/monthly Subsbtack will always be free, some of the best writing and analyses are done one-off and outside the regular cadence of a newsletter. Substack/blogs also have inherent limitations
Allows me to focus more on writing: the average Substack I write takes 30 min to an hour (I spend a lot less time than some think on $ASH/Pak) and have a lot more ideas I write down than I have time to write about, including on $ASH
The $ASH piece, once finished and funded by YOU, can be a resource used by the community to discuss $ASH and I plan to also share it with several crypto funds and venture capitalists to further communicate $ASH’s value. I will also do my best to have it published in prominent cryptocurrency websites like Messari
The $ASH piece will be minted as an NFT (likely on Mirror) and contributors will be recognized as patrons of a public good
There is precedence for all of the above. For example, $2 million was raised in 2 days to fund the first crypto-funded documentary titled “Ethereum: the Infinite Garden” that chronicles Ethereum’s history for the public.
Matthew Bell’s well acclaimed article on the metaverse was sold for 100 ETH.
There are two tiers of patronage:
1. One (1) One-Pager NFT (base-tier): supports this $ASH research crowdfund and my writing.
a. Acess to an exclusive channel within a yet-to-be-specified Discord
b. Early access to ALL future Substacks I write (which will still be free, just delayed for the public)
2. 15 One-Pager NFTs (high-tier): all of the above and 1:1 access to me and input on what I should research/write on across crypto/finance. Financial advice will be provided. This will only be for those who believe my input will be of value to you
Just to re-iterate, the focus of this is to serve as an access pass to crowdfunding the next $ASH research piece, which I believe will have many uses beyond the NFT itself. No other utility is promised beyond the crowdfund and access, but people should realize they are participating in a collective piece about a valuable currency they hold, there is more strength in numbers.
I plan to concentrate my in-depth discussions in the Discord channel on $ASH, including bonding curve mathematics, economic modelling, etc. This is not a promise to be constantly in Discord or a new Discord will be made as there are too many Discords.
Remember, ASH is about the long term and so am I.