“Chasing the big bucks doesn’t always work, and it can also deter smaller artists from having the courage to create and mint if they see money chasing big-named artists.”
Debussy’s best advice to anyone – whether an artist or collector – in the current NFT market is to focus on the art and on buying things you like and not on what other people are buying.
He believes that chasing the big bucks doesn’t always work, and it can also deter smaller artists from having the courage to create and mint if they see money chasing big-name artists.
And Debussy knows his market. He’s been burned a couple of times on the real stock market and with AION – along with enjoying his successes.
Although he studied health science, Debussy also took two electives in art history, and this interest in art has carried through into NFTs. He loves the immediacy of an NFT purchase: “My thesis for NFTs is that if I wanna buy a Picasso or a Banksy right now, I have to go and first find a real piece. Then I have to make sure it’s not too far away from me for taxes and import fees, and then I have to make sure they’re packed for transport and are stored well. With NFTs, I could buy a piece right now and know for a fact it’s legitimate.”
Debussy remains uncertain about cryptocurrency but believes that NFTs are one of the best things to have happened in art in the last couple of hundred years. He is looking to support more up-and-coming artists that he speaks to every day and is keen to buy more of their work.
On being asked advice on who and what to buy, he says: “I’d rather just be a neutral collector and to be somebody who’s known in this space for helping to advance the space, but I don’t want to be a specific advisor for any one project because then I couldn’t be neutral.”