On August 29, a prolific NFT collector who goes by the pseudonym Vincent VanDough (VVD) announced that they would be launching a new NFT fund in partnership with Su Zhu in Kyle Davies, the founders of crypto hedge fund Kapital s tremi puščicami.
The new fund, named Starry Night Capital after one of Van Gogh’s most famous paintings, plans to raise $100M to invest in “top pieces from the most desired sets”, Dough said on Twitter.
Starry Night Capital aims to launch a physical gallery in a major city later this year, in addition to plans for an NFT education portal and community building initiatives.
Vincent Van Dough on a Roll
The collector drew the attention of the NFT community a few months ago when they started buying up rare Art Blocks NFTs at prices that were considered extremely high at the time. This was a prescient move — Art Blocks NFTs have eksplodirala in value during the last two months, and Van Dough has continued to add to their collection. Their OpenSea profile shows a strong affinity for Art Blocks with 958 NFTs from the various collections.
Three Arrows Capital has invested in a Who’s Who of DeFi players, including Aave, Avalanche, and SushiSwap, according to its spletna stran. It’s been active in the NFT space with a string of high-profile purchases, most recently buying Ringers 879, nicknamed ‘The Goose’ by the Art Blocks community, for a record 1800 ETH ($5.6M at the time of purchase).