Price Appreciation:
(2021 - 2024)
All primary sales (first time the work is released) of artworks sold by Sleepr are mapped in USD amount above.
Observations:
Increase on average of 500% over 2 - 3 years from the early works
Generally consistent upwards trend over time
The prices have significantly grown during a consistently volatile and price depreciating period for crypto
The Secrets show shows at the end of the chart shows 9 x blind sales all at close to all time high prices
Many major secondary sales done privately off-chain (above ATH)
Investment thesis:
Sleepr is often seen by collectors as a positive investment through a few different lenses:
Early provenance in burgeoning and emerging art market (NFT and crypto art)
One of the top fine art sellers across chains
Unique visual style that is recognizable
Significant output, with minimal editions available
Consistent work ethic and mainstream opportunity growth (Sotheby’s, Art Basel, Exhibitions)
Academic history of gives credibility of artistic practice beyond speculation
Significant story and proposition of contribution to the art theory space (PhD research)
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