South Beach Bound

This year BitBasel will takeover the entire Sagamore Hotel in Miami South Beach for the entire week. The last show I was a part of with BitBasel was still held in the Miami Bitcoin Center in 2019, so returning to exhibit with these pioneers is precious. I had also no idea just how predictive my keynote back then was going to be about what is going to be shown now. It’s groundhog day with bananas and a repetition of Dante’s circles of hell, while trying to help humanity out of inverse mode. A worthy fight. Legends only

As crazy as this journey has been since the early days, needing to repeat some fundamentals time and time again, while the ETH scene erodes further, luckily there are people who see what I do and support the perspective to be a part of it all. Much gratitude for Lecks and Scarlett for including me in the 2024 show.

Back to the Future

Notice what is on screen during my lecture about all things decentralised in 2019 at BitBasel

Back then, I was commenting a lot on how the world is on fire, how we need to fix the monetary system, the origin story of creativity, how AI will replace most low-end lawyers, accountants, etc., within five years, and how the banana fuckery of the art world couldn’t possibly sink any lower. Man, was I wrong—again—on that one. It seems the art world has found new ways to hit rock bottom in the Web3 space. At least then, SuperRare was still just taking off with hope. My naive self still believed back then that blockchain was going to bring more transparency to the art world. LOL.

Anyhoo, both the divine touch and the banana were featured in my slides during the presentation, and now they will be part of the 2024 BitBasel as a combined artwork. The piece comments on how the West has lost its way and explores what we can do to revitalize it. The reverse of the great inverse is the avant-garde, and I keep being here for it. Eventually, this will be seen by everyone and recognized as self-evident. In the meanwhile, I gotta double up as an artist as well as a culture critic. It’s a weird position but someone’s gotta do it.

I’m Potency

I’m Potency will be on show, infamous now from the precious SuperRare debacle. The NFT comes with a physical canvas print, painted over with acrylics, which launches an AR animation.

I wrote an article here called “Proof of censorship” recently on the substance. Here is the longer original tweet as my “submission” for the competition.

Price 6 ETH

BitRam!

See if the scanning works via the Artivive app!

https://www.newsbtc.com/wp-content/uploads/2024/11/BitBaselRam.mp4

The second piece on show is the live version NFT of the BitRam artwork re-imagining the animal lore of Bitcoin a bit. BTC keeps trucking along, breaking new number heights, but most importantly fighting to have an alternate space marked safe from the fiat inflation machine.

The animation original piece comes with a 2/3 physical, hand finished canvas art piece that launches into an AR version via the Artivive app. Price: 9 ETH

BitRam physical re-paint (sold 1/3) on show in Switzerland at the Swiss Web3 Conf earlier in 2024 during Art Basel. 2/3 is now available and married together with the 1/1 animation NFT on sale at BitBasel.

Renaissance 360

Lecks also asked me to get some metaverse material on a screen, which I was happy about. The compilation video of some of the best made thus far through Asvoria (launching soon), Superworld and Cornerstone Land will be presented as part of a larger metaverse reel.

Why are we not allowed to ask, in art, the most basic of questions. Why can’t we be inspired by excellence, beauty, harmony and the spirit? Time after time, we just revel in this mud like pigs with no future. At least the pigs derive some nutrients and skin care from their play, whilst we just reduce ourselves to animals with no instincts.

Program schedule and links:

BitBasel Miami Art Week 2024, scheduled from December 3 to December 8 at the Sagamore Hotel South Beach, offers a dynamic fusion of art and technology. This week-long event features a diverse lineup of activities, including exhibitions, panel discussions, and immersive experiences.

Event Highlights:

• December 2: The week commences with the ActNowXR Summit, focusing on art’s role in sustainability and impact, followed by the BitBasel VIP Vernissage showcasing fine art masterworks. Sagamore South Beach
• December 3: “Beyond A.I.” explores the future of creativity, delving into artificial intelligence’s influence on art and technology. Miami and Beaches
• December 4: The Creative Tech Investor Summit brings together leading minds in finance to discuss investment trends at the intersection of art and technology. Miami and Beaches
• December 5: A day dedicated to special events, offering opportunities for brands and partners to host their own activations within the BitBasel framework. Miami and Beaches
• December 6: “Mooon.Party Vol.2” celebrates art and technology with an unforgettable night featuring top DJs and live performances. Miami and Beaches
• December 7: The 23rd Iconic Sagamore Brunch presents “The Future of the Arts,” featuring immersive live art, panel discussions, and performances by the South Florida Symphony. Later, the Jayne Pierson Runway Show blends high fashion with artistic innovation. Sagamore South Beach
• December 8: The event concludes with the 305 Pool Party, a vibrant gathering celebrating local impact and community, featuring music and poolside fun. Miami and Beaches Ready to be touched by God?

  

Throughout the week, attendees can explore “The Gallery,” a curated space showcasing cutting-edge creative expressions in fine art, digital masterpieces, and space-bound art.

Sagamore South Beach

For more details and ticket information, visit the official BitBasel website.

Proof of Effort

T(r)opical from 2017 was the first Miami specific work I ever made. The 2/3 re-paint is still available now priced at 1 BTC. I kept the idea I had that some of the early works will keep the thread to the 1 BTC price, when bought from me. Of course, I needed start making others without it, as about 10k remains the constant “fuck you money” that people in the scene use for art. These piece are historic though, so if you want in on that action, I solute you! I saved it here as the last thing, so it’s only through proof of collector effort, that you even get to them.

Also, forever respect for Moe Levin, the founder of the North American Bitcoin Conference, for giving me my first ever spot to showcase my art in January 2018. Cool to have a fren also in Joel from the Bad Crypto Podcast, who is lurking there in the background The 1/50 signed print was given to Moe as a gift.

At 100k, the 6×3 foot re-paints are still cheap to what some of the earliest holistic works will eventually cost, once the dust settles a bit.

VESA Crypto Artist, Speaker, Consultant, Writer All links to physical, NFTs, and more below

http://linktr.ee/ArtByVesa

 

TL;DR

• Exploding burn rates and a three-year low in exchange-held supply signal potential for continued growth for SHIB’s price.
• Analysts predict a 50% rally or even a 760% surge if key levels are breached.

SHIB Rally on the Horizon?

Despite the severe price swings registered in the past several days, the popular meme coin remains well in the green on a monthly scale. It currently trades at around $0.0000254 (per CoinGecko’s data), representing a 40% increase for the aforementioned period. 

Some important factors suggest that the bull run is far from being over. The first is the resurgence of the Shiba Inu burning mechanism. Data shows that the burn rate has exploded by almost 5,000% in the last 24 hours, resulting in nearly 60 million tokens destroyed.

The program’s ultimate goal is to reduce the tremendous circulating supply of SHIB, potentially making it more valuable through scarcity (assuming demand doesn’t head south). Over the years, the Shiba Inu team and community have burned more than 410 trillion tokens, leaving approximately 589 trillion in circulation.

Next on the list is the declining SHIB supply stored on exchanges. According to CryptoQuant, the figure recently dropped to a three-year low. The development might indicate a shift from centralized platforms toward self-custody methods and could be considered bullish since it lowers the immediate selling pressure. 

Last but not least, we will touch upon Shiba Inu’s layer-2 scaling solution – Shibarium. The protocol has been on a tear lately, blasting through numerous milestones. As CryptoPotato reported, the total transactions processed on the network surpassed 500 million, while total blocks crossed 8 million. 

Shibarium aims to foster the development of the Shiba Inu ecosystem by reducing fees, increasing speed, and enhancing scalability. Key updates in the past several months include adopting a burn mechanism similar to the original program.

For more updates on the ecosystem, make sure to check out our Shibarium news.

SHIB Predictions

Some X users believe Shiba Inu has indeed yet to reach new impressive peaks. One analyst envisioned a 50% rally if the price rises above $0.00002800.

“The current setup suggests a bullish continuation, so traders should watch for confirmation of the breakout while placing stop-losses below the support zone to manage risk. SHIB remains a key asset to monitor for short-term growth,” they added.

Another, using the moniker Charting Guy, forecasted a massive price explosion to as high as $0.00022 (a 760% rise from current levels). “Are your bags packed enough for something like this,” he asked. 

The post 3 Bullish Signs for the Shiba Inu (SHIB) Price to Watch appeared first on CryptoPotato.