Doom and gloom cycles perpetuate the crypto world seemingly every few months, starting with an obvious affect on a single protocol (or coin) before inevitably taking down an entire market like a perfect game of dominoes. In the world of May of 2022, this shift was due to a person or persons taking advantage of instruments to manipulate markets and take down a particular stablecoin. Before this event, the evil harbinger was interest rates, and before that it was the Poly hack, Ronin, Bitconnect, Kucoin, Mt. Gox, and so on. These hacks are a self-replicating monster lurking under the bed, waiting for everyone to get complacent before unleashing themselves every once in a while, depleting everyone’s investments, and making Matt Damon look like even more of an asshole than he already is.
The NFT market isn’t given any immunity at all. When the price of crypto falls, so do NFT markets. Yet some artists on Tezos have embraced this, and are creating works that showcase a heightened sense of uncertainty. The recent #fear4tez event brought together over 100 artists to release limited works that revolve around the theme of fear. On this page are some of my favorites, with links to purchase. Many of these cost only around 1 Tz, or the current equivalent of about $1.78, an incredible bargain in today’s dreadful markets.
The greatest piece of advice my mother ever gave to me was a truth that life is unfair. It doesn’t matter how much love you may give, or how much joy you may share — our world is inevitably, and naturally unfair to us all.
With this in mind, we must always remember to enjoy each day for the little joys it brings, from the morning laughter of a newly-awakened child, to seeing a dog manically run laps in the backyard. Concentrate less on what makes life unfair, live in the moment and focus on what brings you enjoyment.
It’s also always important to enjoy art, collect what you love (and can afford), and support artists even in down times. Especially in down times! Tomorrow, next month, or next year will certainly bring another downturn, but artists will continue to make incredible work, regardless, and that is a big gain in my book.