Memories of Qilin | Into The Collection #3

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Into The Collection
Deep Dives Into The Top Generative Art Collections

Memories of Qilin by Emily Xie

In this episode we perform a comprehensive analysis of Memories of Qilin by Emily Xie, considered by many to be well on it's way to blue-chip status.

These episodes are best watched on video, so please consider watching this episode on Youtube here.

If you are listening on audio only please refer to our Deca gallery for this episode to help you visualize this collection and for a reference for you anytime in the future.

Recording date: August 31, 2022

Timestamps:
0:00 Collector's Corner introduction
0:24 Episode introduction
3:19 Our initial impressions and general background on the collection (release platform, date, etc.)
7:22 Background on the collection and the artist
11:00 Video Emily made for Proof Grails II that speaks to her artistic apprach
13:40 Why we chose this collection (reviewing our 7 point investment framework)
27:49 Deep dive into different traits, including rarities, visual impact, and price premiums
45:04 Hidden and potentially undervalued traits
53:34 Other ways to collect this artist's work
55:52 Our top picks of the collection
1:01:00 What we would buy right now
1:04:18 Parting thoughts and outro

Links to websites mentioned in the episode:
Official Memories website - https://memoriesofqilin.com/
Artblocks curated website - https://www.artblocks.io/collections/curated/projects/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/282
Emily's personal website - https://linktr.ee/emilyxxie
Proof Grails II video featuring Emily - https://www.youtube.com/watch?v=z55CXu8WONA
Emily's tweet about her newest project (Tezos based 1/1s at an IRL event in NYC) - https://twitter.com/emilyxxie/status/1564619383191863298
Morphology website, where Emily's first long-form generative art collection launched (via Blockart) - https://xie-emily.com/projects/morphology.html
Article about Memories - https://medium.com/the-link-art-blocks/in-conversation-with-emily-xie-c80f141d4be7

Our 7 point framework for evaluating collections:

• Aesthetics / visuals
  • Is the work appealing? Does it pass your "eye test?"
• Artist
  • Does the artist have a following? Do they engage with their community?
  • Is the artist charismatic or captivating in some other way?
  • Does the artist thoughtfully release pieces so as to not dilute early collectors?
• Holders
  • Are there influential collectors / artists / investors or others who own this collection and hold it in high esteem?
• Sentiment
  • What did people (in particular the influential holders) say about the collection before it launched? Immediately afterwards? Over time? 
• Collection breadth
  • Does the collection feel cohesive together? Do pieces feel unique yet still connected to the collection as a whole?
• Historic significance (or potential for historic significance)
  • Is this collection historic in some way (e.g. started a new trend) or does it have the potential to do so?
• Price action
  • Have floor and sales prices risen over time (ignoring the general volatility of the market)?
  • Has volume decreased (indicating pieces finding their way to long-term holders)?

Different backgrounds within palettes:

• Blood Moon 
  • Red, blue
• Blossoms 
  • Green, blue, pink, brown
• Dragon dance 
  • Yellow, red, orange
• Forest  
  • Gray, green, clay
• Hong Bao 
  • Red [bright, med, dark], yellow
• Ink 
  • All about the same (there may be a shade that is a touch darker)
• Intrepid 
  • Yellow, turquoise, off-white, navy
• Koten 
  • Grey, blue
• Mira 
  • Green, blue, yellow, navy, orange
• Poppy field 
  • Blue, light grey, dark grey, green, black
• Porcelain vase 
  • Sand, light blue, dark blue, black
• Sea Dune 
  • Sand, grey, brown
• Smoke and fire - all the same
• Velvet 
  • Sand, brown, red
• Vermilion bird 
  • Black, red