Meat On The Bones20 Jun 2023 15:13
So MOS have signed a contract with the top Mexican artist Cesar Menchaca to launch their Sporting Art Division for a minimal upfront payment ( very small or slight )
The artist is one of if not the most famous in Latam, his works have sold for 100's of thousands of dollars all over the world, clearly he felt it was time to get a bigger audience for his wares and hence the link up with MOS - perhaps what swung it was the exclusive contract with BITSO that has over 7 million NFT savvy wallet holders many of whom may well have already purchased art ?
The average commission that Art Galleries take is 50% for Physical works, his NFT works will be much easier advertised, dropping into 7 million + apps/inboxes that is a big audience with minimal cost to both the artist and the company.
This is the next stage in the evolution of the company moving into a different category of NFT of which there are many and IMO many more to come from the company to expand its portfolio to make the company more and more attractive.
The strategy is all coming together now and being rolled out in an organised manner - in Guzzler's words "exciting times "