Connect with us

Published

on

A self-proclaimed jack of all trades and master of none, OSF has become a prolific figure in the nonfungible token world in just over two years, trading his former life at Barclay’s to focus full-time on Web3, his digital art pursuits, his PFP project Rekt Guy and living the life of a degen collector. 

The self-deprecating 34-year-old Englishman has a Swiss army knife of skills suited for a modern world of creating digital objects — being a self-taught coder, understanding internet culture, with an ability to capture attention and not take himself too seriously. 

While he wears many hats, OSF, the artist, has been featured at Sotheby’s and has sold multiple pieces for six figures. He describes himself most as an artist and project founder.

“I find it really tough to classify myself as one thing or another, but it’s certainly a question I get asked quite a bit. I do have periods where I’m more focused on certain things like trading but overall, an artist and project founder is the way I would describe myself,” OSF tells NFT Creator. 

“I hate the idea of constraining myself to one thing. I think it’s just probably a problem I have in life. My attention gets easily captured by anything really and as you probably can guess, I have ADD and all that kind of stuff. I do feel that I just enjoy lots of different aspects of the [Web3] space, and I kind of want to be a part of it all.”

“Dinner” by OSF. (SuperRare) 

While initially a crypto skeptic, OSF cut his teeth in early 2021 when he bought some Bitcoin, but it was his good friend Mando who provided the nudge required for OSF to truly catch the NFT curiosity bug. 

It wasn’t long until he found himself applying his past decade of experience as a trader in traditional finance to this new emerging asset class of NFTs. Originally minting 150 Bored Apes (0.08 ETH each) in late April 2021, OSF sold most of them about a week later for five times the mint price but remained a large Ape holder, teaming up with Mando in September 2021 to combine their collections.

The duo made headlines in February 2023, selling around 70 Apes at a healthy clip of 78 ETH each into Blur bids as liquidity rushed back into NFTs after Blur Season 1’s airdrop occurred. Apes’ current floor price sits at 25.84 ETH, with NFT prices being down for most collections since that iconic trade. 

“It’s not like we were bearish on Apes. We weren’t even really bearish on NFTs at this point in time. I know it now looks like a great trade, but I’d be lying if I said at that point in time, I think NFTs are going to go to where they are now. I didn’t really see that; I only think that became clear later on,” OSF says. 

“In our old jobs, if someone could tell you you’ve made all this money, but you still have all this risk, and you can clean up that risk in two trades and just take the money, you’d do it. You wouldn’t think twice.” 

Crypto culture, nostalgia and XCOPY

In a similar vein to the likes of Josie Bellini and Trevor Jones, OSF has leaned into crypto culture with a passion for nostalgia that shines through his work. 

This is exemplified by his art and Rekt Guy, his PFP collection launched in May 2022, shortly after the demise of Terra. Rekt Guy, a collection of approximately 8,800, was a free mint that saw its floor run up as most other PFPs went the opposite way. The floor still sits at 0.47 ETH. 



“I really like nostalgia and capturing moments over time. I’m the sort of person who looks through my photos from 10 years ago just to see what I was doing then. I’ve organized my music into quarterly playlists. I have 2008 Q1, 2008 Q2 and so on. I’ve done that since 2008 Q1, so it’s been 15+ years now,” says OSF. 

“When I listen to a playlist from, say, seven years ago, I can remember what I was doing at this time. I really like that idea of nostalgia and capturing moments and looking back on it. I think art is a fantastic way to do that.”

“Rekt Guy 4214” by OSF. (OpenSea)

As a fellow Brit, OSF said XCOPY’s style of art and his ability to capture culture have played a significant role in his own creation process.

“I would say XCOPY is definitely an inspiration — obviously, the style of the art but also the ideologies I love. I love looking at his pieces through 2020. They’re very British pieces that you wouldn’t really get unless you were living in the U.K. during COVID-19; maybe the Aussies would, too,” he said.

“I think that that’s what I love. That’s what art is. It’s like when you see something and just really connect with it and get it. I think pieces that can capture culture in moments in time end up being the ones that are iconic.”

“With my art, I think I just recognized that, and I saw that’s how XCOPY did it. I guess I wanted to do the same thing, and half of it was because I thought it could be successful. But half of it was really just for myself.”

Red Lite District commitment till I die

OSF loves to experiment, and for holders of his collection, the “Red Lite District,” it comes with a “till the day I die” commitment, with OSF promising a new piece of art every single month until his time on earth concludes. 

The story behind RLD, an edition of 210 NFTs becoming an airdrop ticket to free art, involves his brother-in-law, who really liked what would become the first airdropped piece: “Fuck Cash Grabs.” 

“Fuck Cash Grabs” by OSF. (OpenSea)

OSF wasn’t as bullish on the piece initially but was inspired to create it off the back of many “NFT cash grabs,” such as Pixelmon. His brother-in-law’s praise eventually convinced him to release the piece, but instead of selling it, he decided to airdrop it to everyone who held an RLD.

“Red Lite District” by OSF. Source: OpenSea

“After a couple of days of the first piece [Fuck Cash Grabs] being airdropped, I was like, wow, the price of this piece is almost the same as the price of the Red Lite District. I thought it would literally just be one of those things that was worth zero. People really valued it, and I thought that was really powerful,” says OSF. 

“That’s where I thought I would just do it as a monthly thing for anyone that holds an RLD edition. After I airdropped the second piece, “Professional Degen 3,” which is really good and was supposed to be a 1 of 1, I think that’s the point where people realized. They were like, ‘Oh shit, this RLD should be worth quite a lot’ because you’re going to get this stream of cool art.”   

Read also


Features

The blockchain projects making renewable energy a reality


Features

Can Crypto be Sweden’s Savior?

Following the commitment of art forever to RLD holders in April 2022, OSF continues to get asked if he can really keep that promise. 

“I have zero doubt in my mind if I can keep it going or not. I don’t feel like creating a new piece every month is a strain on me; I really enjoy it. I have hundreds of ideas written down, and it’s probably my favorite part of the month. And it’s also my favorite way to release art because [when] contrasted with a 1 of 1 or an edition, there’s an expectation. For example, what price will it sell for? Will the edition sell out? Have you looked after your collectors and all that kind of stuff,” OSF tells NFT Creator. 

“I can’t guarantee that when I’m 105, the quality of my art is going to be as good as it is now; who knows? Going back to the nostalgia thing, I love that in 10 years’ time, I’m going to look through seasons one and two of airdrops. Right now, in season two, it is so early, but I’m going to be able to look back on all these things, and it’ll be like a monthly document of either my life or the crypto space or whatever it is that I’ve drawn for the rest of time.”

From an early morning gym session to Sotheby’s

OSF has hundreds of art ideas in notes but loves the spontaneous nature that art can bring out of him, like the piece he did titled “Carnaby Street,” which ended up selling at Sotheby’s for $75,600 in December 2022.

“The origins of “Carnaby Street” is a great example of how things often happen in the moment for me. I rocked up to a Barry’s boot camp class and turned up too early. It was about 5 am, and I was just sitting outside Soho in London, which is usually extremely busy. It was dead. There was no one there. Sunrise was approaching, and there were all these purple lights, and I remember thinking, I have to draw this now,” says OSF.

“Carnaby Street” by OSF. (Sotheby’s)

“I had about an hour to kill, so I pulled out my iPad and sat down on this bench in my running gear, drawing this thing while people were coming through collecting the bins and stuff. That “Carnaby Street” piece only would have worked in that setting because I was actually just drawing it in the moment.”

“The reality is, though, occasions like that are few and far between. They can be magical pieces when it happens, but often there are blocks in the artistic process.”

Notable sales to date

Lova Park” sold for 82.888 ETH ($267,800 equivalent on the date of sale) on April 10, 2022. (SuperRare)
Professional degen 4” sold for 62 ETH ($113,000 equivalent on the date of sale) on May 27, 2023. (SuperRare)
Morning commute” sold for 35 ETH ($133,900 equivalent on the date of sale) on April 10, 2022. (SuperRare)

Rapid fire Q&A

Influences: 

“I really like Alpha Centauri Kid. I think the reason why I really like him is because I think he is someone who just puts out art based on his own personal feelings or emotions or whatever he’s going through without really caring about what anyone else will think.” 

I see a piece of his, and it just goes deep. He does things on his own terms and his own rules. He’s just like, ‘I’m just creating stuff that I want to create, and here it is on my terms, and if you want to buy it, you can buy it. If not, then not.’”

“I also like the way he gamifies things and makes people feel a bit uneasy sometimes. I think it’s brilliant. He’s definitely a massive inspiration. I love his stuff, but just the way that he goes about conducting his art, I think it’s amazing.” 

Which hot NFT artist should we be paying attention to? 

“I think die with the most likes is amazing. I don’t know if he’s still upcoming or not because he’s been on the timeline quite a lot. But that guy is incredible. He is a performance artist, and people haven’t seen his performance art yet because some of the stuff is in real life. It’s just incredible.” 

“He’s a writer as well. He writes amazingly, and he just captures this theme of a memetic that no one else does. His stuff is different from any other artist. You could say, here are the animated artists, here are all the glitch artists, here are the neo-precision artists or whatever, but there’s no one like die with the most likes.” 

“His stuff is just so in your face and crass; I think it’s brilliant, and honestly, I really think he is going to big big places. He’s quite a well-known artist now, but in a year’s time, I think he could be up there with the biggest people in the space.”

Favorite NFTs in your wallet that are not your own

I am my own suffering” by ACK, and “Retention pond baptism” by die with the most likes.

“I am my own suffering” by ACK. (OpenSea)

What do you listen to when creating art: 

“I have a really weird and wide taste in music. It might be Taylor Swift one day. It might be like Creed the other day. It’s just really random based on what I feel like listening to. It could be as random as piano covers of popular songs or reggae covers of popular songs. It’s just the most random stuff. It’s probably a testament to how scatty I am in general.”

Links: 

X: https://twitter.com/osf_rekt
Website: https://www.osf.art/

Greg Oakford

Greg Oakford

Greg Oakford is the co-founder of NFT Fest Australia. A former marketing and communications specialist in the sports world, Greg now focuses his time on running events, creating content and consulting in web3. He is an avid NFT collector and hosts a weekly podcast covering all things NFTs.

Continue Reading

Politics

Chancellor admits tax rises and spending cuts considered for budget

Published

on

By

Chancellor admits tax rises and spending cuts considered for budget

Rachel Reeves has told Sky News she is looking at both tax rises and spending cuts in the budget, in her first interview since being briefed on the scale of the fiscal black hole she faces.

“Of course, we’re looking at tax and spending as well,” the chancellor said when asked how she would deal with the country’s economic challenges in her 26 November statement.

Politics Hub: Follow latest updates

Ms Reeves was shown the first draft of the Office for Budget Responsibility’s (OBR) report, revealing the size of the black hole she must fill next month, on Friday 3 October.

She has never previously publicly confirmed tax rises are on the cards in the budget, going out of her way to avoid mentioning tax in interviews two weeks ago.

Please use Chrome browser for a more accessible video player

Chancellor pledges not to raise VAT

Cabinet ministers had previously indicated they did not expect future spending cuts would be used to ensure the chancellor met her fiscal rules.

Ms Reeves also responded to questions about whether the economy was in a “doom loop” of annual tax rises to fill annual black holes. She appeared to concede she is trapped in such a loop.

Asked if she could promise she won’t allow the economy to get stuck in a doom loop cycle, Ms Reeves replied: “Nobody wants that cycle to end more than I do.”

She said that is why she is trying to grow the economy, and only when pushed a third time did she suggest she “would not use those (doom loop) words” because the UK had the strongest growing economy in the G7 in the first half of this year.

What’s facing Reeves?

Ms Reeves is expected to have to find up to £30bn at the budget to balance the books, after a U-turn on winter fuel and welfare reforms and a big productivity downgrade by the OBR, which means Britain is expected to earn less in future than previously predicted.

Yesterday, the IMF upgraded UK growth projections by 0.1 percentage points to 1.3% of GDP this year – but also trimmed its forecast by 0.1% next year, also putting it at 1.3%.

The UK growth prospects are 0.4 percentage points worse off than the IMF’s projects last autumn. The 1.3% GDP growth would be the second-fastest in the G7, behind the US.

Last night, the chancellor arrived in Washington for the annual IMF and World Bank conference.

Read more:
Jobs market continues to slow
Banks step up lobbying over threat of tax hikes

Please use Chrome browser for a more accessible video player

The big issues facing the UK economy

‘I won’t duck challenges’

In her Sky News interview, Ms Reeves said multiple challenges meant there was a fresh need to balance the books.

“I was really clear during the general election campaign – and we discussed this many times – that I would always make sure the numbers add up,” she said.

“Challenges are being thrown our way – whether that is the geopolitical uncertainties, the conflicts around the world, the increased tariffs and barriers to trade. And now this (OBR) review is looking at how productive our economy has been in the past and then projecting that forward.”

She was clear that relaxing the fiscal rules (the main one being that from 2029-30, the government’s day-to-day spending needs to rely on taxation alone, not borrowing) was not an option, making tax rises all but inevitable.

“I won’t duck those challenges,” she said.

“Of course, we’re looking at tax and spending as well, but the numbers will always add up with me as chancellor because we saw just three years ago what happens when a government, where the Conservatives, lost control of the public finances: inflation and interest rates went through the roof.”

Pic: PA
Image:
Pic: PA

Blame it on the B word?

Ms Reeves also lay responsibility for the scale of the black hole she’s facing at Brexit, along with austerity and the mini-budget.

This could risk a confrontation with the party’s own voters – one in five (19%) Leave voters backed Labour at the last election, playing a big role in assuring the party’s landslide victory.

The chancellor said: “Austerity, Brexit, and the ongoing impact of Liz Truss’s mini-budget, all of those things have weighed heavily on the UK economy.

“Already, people thought that the UK economy would be 4% smaller because of Brexit.

“Now, of course, we are undoing some of that damage by the deal that we did with the EU earlier this year on food and farming, goods moving between us and the continent, on energy and electricity trading, on an ambitious youth mobility scheme, but there is no doubting that the impact of Brexit is severe and long-lasting.”

Continue Reading

Politics

Crypto maturity demands systematic discipline over speculation

Published

on

By

Crypto maturity demands systematic discipline over speculation

Crypto maturity demands systematic discipline over speculation

Unlimited leverage and sentiment-driven valuations create cascading liquidations that wipe billions overnight. Crypto’s maturity demands systematic discipline.

Continue Reading

Politics

NYC mayor establishes digital assets and blockchain office

Published

on

By

NYC mayor establishes digital assets and blockchain office

NYC mayor establishes digital assets and blockchain office

The executive order creating the Office of Digital Assets and Blockchain Technology under the New York City government came three months before Eric Adams will leave office.

Continue Reading

Trending