Black Dracos (symbol: BDGR) is still in Pre-Trade, however its trending up hard and fast indicates it may be the next NFT token sought after because of the nature of its NFT’s. Sources believe this hard up-trend is based on the real-world art from the world-famous Michelangelo Buonarroti, among others in the Black Dracos access of collections, with extremely exclusive ownership and real provenance. The origin of the art stands noted as serious as its rarity. Ownership of such pieces is few, and the lineage is longer in time than the list of owners.
Owning real art from the famous Michelangelo is now possible, with the advent of NFT’s, albeit still quite exclusive. Having rare title of real exclusive art from artists such as pieces from Michelangelo’s world-famous statue of Moses, under Vatican guard at the Basilica di San Pietro in Vincoli, in Italy, provides entre into some of the most exclusive art ownership circles in the world.
About the Mose’ Di Michelangelo as stated on Italia.it: “The original work, inspired by Raphael and Donatello, depicts a majestic Moses sitting with the Tablets of the Law under his arm, while his other hand fondles his long beard, which according to Vasari was carved with such perfection that it seems more a “work of brush than chisel”. The moment represented by Michelangelo is the one which follows the delivery of the Commandments on Mount Sinai, when Moses finds the Israelites intent in worshiping a golden calf, a sign of worship of other gods. Moses is angry and seems to be on the verge of getting up and destroying everything. An anger which is perfectly expressed by the swollen veins and tensed muscles that appear to give life to the marble.”
The Black Dracos authorized sale of NFT Moses (Mose’ Di Michelangelo) is currently listed @ $1,688,923.75 USD at this time of writing.
Another rare NFT, among others available, at the price of a week stay in a Swiss Chalet, is the famous Bust of Lorenzo de Medici, listed at $128,125.25 USD; a piece so exclusive that Medici progeny have no title, placing its future owner in the limited history of a powerful and historic family. The original from the tomb of Lorenzo de’ Medici, 1520–34, is considered “priceless”, and rests in the Medici Chapel, San Lorenzo, Florence, Italy.
Currently Black Dracos has 224 rare and exclusive art NFT’s available at OpenSea, however company sources say that their entire collection could be worth north of $12,000,000,000 based on real world valuation. The NFT model, which allows much more freedom of transfer in values due to its tokenization, could accelerate and transmit valuations of the original collection 5 to 20 times that value over the next several years. Black Dracos is now permitting exclusive ownership of exclusive and valued real-world art with provenance, art market, and auctions, such as Christies and Sotheby’s.
Sotheby’s lays out an interesting case regarding the value increase in multiples, in art from the old masters, which may indicate interest and value increases seen in early trends of NFT trading. On the Michelangelo page of Sotheby’s it is noted that the biggest increase in value is often within the first 3 to 5 years and then a more stabilized value over 40 years is seen, regarding works from the old masters (see figure 1). However NFT speed and agility and now provenance verification via blockchain could impact the rate of value increase dramatically. Additional schema to share ownership also increases the possibilities and the rate of information or awareness of opportunity significantly accelerates valuation from a very open market that is now as vast as the world and available to anyone able to read.
The incredible information here is that Black Dracos has access to real provenance of ownership to the most exclusive art in the world, now being distributed on a clearly limited basis for the first time in history. The Irony of NFT’s and some people’s confusion about Black Dracos is their place in the art world. A person can go buy a picture from istock photo of Moses in St. Peter’s Basilica for $499 dollars, but it is just that: A photo of art by a third party. When Michelangelo’s Moses NFT is passed along, the owner joins a short list of real art owners, now documented on the blockchain, reaching back to the sweat and sound of chisel on marble by the artist Michelangelo Buonarroti, as he was commissioned by the original owners.