Derek Edward Schloss: Unlocking the Art Market

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. derekedws is a founding member of FlamingoDAO, a DAO that caters to art and cultural objects, as well as gaming-based NeonDAO, fashion-focused RedDAO and music-based NoiseDAO. Interview with _franvela RoadToConsensus for consensus2022:

Yet, he felt like he was missing the mark. Looking for something bigger and with more value, he was drawn to the digital world and found that Twitter and everyday video games were just stepping stones to the FOMO-led trend we see today: digital marketplaces.

Curiosity has driven him ever since, enabling Schloss to eventually become a leading venture capitalist in the non-fungible token and creative crypto space, investing in music, fashion, art and gaming. Schloss later started writing about it, advising a couple of projects in New York and Los Angeles around that intersection of Web 3 and digital art. Later, he reconnected with Stephen McKeon, his former finance professor and now partner at Collab Currency, a crypto-focused venture fund.

Initially, they raised $50 million, followed by a second fund that raised $65 million. Schloss and McKeon are planning to raise a much larger fund at an undisclosed amount.

 

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