gm cryptoart lovers! The False Promise by @jivdontexist This work critiques the lack of transparency around sales by web2 auction houses & the impact on creator royalties. In 2019, Jivinci and @money_alotta created Saint Nakamoto, which set a record for the highest sale of a work of cryptoart at the time. @niftytime was the first owner of the work, acquiring it for 11 eth. The work was later re-sold to Starry Night Capital for 270 eth. Starry Night collapsed during the bear market. When its holdings were liquidated, @Sothebysverse took custody of the digital assets. Sotheby's sold Saint Nakamoto last December for an undisclosed amount. To this date, royalties have yet to be paid to the artists. The False Promise offers a stark critique of the failure of web2 auction houses to uphold their social contract with creators.