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Profile· Neutral@Artifaction2On Ethos
Artifaction²

Artifaction²

3 reviews, 0% of them positive.0% positive · 3 reviews· Influence factor 55, above 11% of accounts
“Unnoble Gallery”For those of you who were around during the NFT craze, you may recognize the name Artifaction (Arti) or "Noble Gallery". Arti is a relatively well-known art collector in this space, and he eventually founded an art gallery known as Noble Gallery. The first season they had was a success from what I've been told from holders that entered before I did. Fast forward to S2 and they announce DeeKay as the artist for the S2 pass which minted at 5 ETH. I eventually bought a pass about halfway through S2. How it worked was each week or month (I can't remember the cadence of drops at this point), the WL to mint that week's edition would be raffled off via your S2 pass holdings. People who had spent several eth to have multiple passes became very vocal as they somehow have yet to win a single WL to mint during that 6-month period, despite having higher odds. Because of this, participation began to drop significantly for upcoming mints for each new artist. It essentially became one of those situations where people would mint to instantly list to help recoup the pure loss they had from these passes. However, that can't fully be blamed on the team, as none of the team members forced them to do so. S2 came to an end and half the S2 holders had left, leaving behind a very small group of collectors. As S2 was coming to an end, there was a point-based system incorporated based on time held and number of pieces held. If you finished in the top 100, you got WL for what was known as "'Factions". It was pitched as an exclusive holding within noble gallery, which would come with utility such as dinners with arti (I may be off with some of the utility, it's been a couple of year so bear with me here). Surprise surprise, that was complete bullshit, and nothing came of the faction nft's. The team decided to shift for S3, which meant the frequency of new art releases was going to be diminished. I think for the whole year that was S3, there was maybe 4 drops? Safe to say it was incredibly underwhelming. Now we're getting to the part of why I'm negatively reviewing arti. 1) Arti had gone on how he raised $5 million dedicated to NG alone, which NEVER made it to the project 2) While the project was going to shit, Arti was flaunting his two newly added CP for him and his wife 3)He went MIA for MONTHS. Nobody knew what the fuck was going on. The team that was originally four was down to three. Only one of those team members actually gave a shit and would be in the discord despite how low moral was (shout out C4). 4)He was called out by holders on what the next plan was and for being MIA. He takes the opportunity to blame it on the community, and he proceeded to delete the ENTIRE DISCORD. TLDR: Stay far as fuck away from Artifaction. You will be left hung to dry.Premium_Saltine3 · 2005· 12mo ago · negative38
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