Just grabbed a piece from Jack Butcher's newest drop at Art Basel — it's called "Receipts" and the concept is wild.
Here's the deal: you literally pay whatever amount you want, get a receipt. That's it. Works online or if you're in Miami, grab one in person.
The numbers? He dropped 74k on production. People have shelled out 186k so far. That's a clean 112k profit sitting there.
It's borderline ridiculous but honestly? Kind of brilliant in its simplicity. This whole "pay what you think it's worth" model in the NFT space keeps surprising me — sometimes the dumbest ideas print the hardest 😂
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TokenTaxonomist
· 3h ago
actually pulling up my spreadsheet rn... 74k production cost vs 186k revenue does check out mathematically, but have we taxonomically classified what "receipts" actually *are* here? feels like we're conflating art with transaction records, which is, ngl, evolutionarily suspect for the nft ecosystem
Reply0
DataBartender
· 12-08 16:45
This logic is unbelievable—even receipts can be sold for 186k. I really didn't expect that.
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SorryRugPulled
· 12-08 01:56
That's how the NFT space is: the more boring it is, the more money it makes. Impressive.
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BearMarketMonk
· 12-08 01:51
This move is incredible, even receipts can be sold for money—Web3 really is this crazy.
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MetaverseLandlord
· 12-08 01:50
This logic is brilliant—even receipts can be sold for money. How did I not think of that?
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WhaleInTraining
· 12-08 01:48
Haha, this is the magic of Web3—spending money to buy a receipt can still make you a fortune.
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NFTFreezer
· 12-08 01:48
This guy really knows how to play... Spent 74k to make a receipt? Instantly made 112k, I'm speechless.
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shadowy_supercoder
· 12-08 01:30
This scheme looks like it's just cutting leeks, but then again, it seems a bit genius...
Just grabbed a piece from Jack Butcher's newest drop at Art Basel — it's called "Receipts" and the concept is wild.
Here's the deal: you literally pay whatever amount you want, get a receipt. That's it. Works online or if you're in Miami, grab one in person.
The numbers? He dropped 74k on production. People have shelled out 186k so far. That's a clean 112k profit sitting there.
It's borderline ridiculous but honestly? Kind of brilliant in its simplicity. This whole "pay what you think it's worth" model in the NFT space keeps surprising me — sometimes the dumbest ideas print the hardest 😂