- Collector
- Flamingo DAO · @FLAMINGODAO
- Structure
- Member-owned collecting DAO supported by Tribute Labs
- Holdings
- 2,530 AB[500] works · 136 series · 2 wallets
- abTDH
- 146,753,144 · · method
Entry into blockchain and crypto art
Flamingo grew out of members of The LAO and is supported by Tribute Labs. It opened to members in September 2020, when ether traded near $350, and its first NFT acquisition was land in Somnium Space.1 Artnet reported a launch in October 2020 with a $25 million crypto war chest and advisers including Kevin McCoy and Devin Finzer.2
Its members include Snowfro, and the DAO's spokesperson has credited his membership with much of the breadth of its Art Blocks holding.1 The stated philosophy is simple: "We much prefer being early; that's why we have over 10,000 NFTs."1
Art Blocks holdings
The two Flamingo wallets in the register hold 2,530 AB[500] works across 136 series. The earliest still held arrived on 7 December 2020. The largest positions are Alexis André's Friendship Bracelets (750) and Snowfro's Chromie Squiggle (299), followed by Cosmic Reef (73), Vortex (62), Cargo (54), Colorspace (51) and Color Study (51).
The curated canon is held in quantity: 24 Ringers, 28 Pigments, 19 Elevated Deconstructions, 18 Meridian, 14 Genesis, 14 Unigrids, 13 Construction Token, 12 Archetype, 12 Gazers, 9 Singularity and 6 Fidenza. Unusually for a collector of this size, 2023 was its biggest year of acquisition: 1,322 of the works still held arrived then.
Associated holdings
Flamingo's collection extends well beyond Art Blocks, to more than ten thousand NFTs and an Alien CryptoPunk, #2890.1 Members can spend up to 5 ether alone; larger purchases go to a vote in the DAO's Discord. Its spokesperson frames the collection as a long-term record: "Culture is upstream of everything. We are long-term oriented, and our collection and ethos reflect it."1