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MSCHF
Medical Bill
$
20
.00
IPO SHARE PRICE
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Otis partnered with Brooklyn-based artist collective, MSCHF to drop Medical Bill. 

MSCHF turned 3 real medical bills into paintings and sold them to erase $73,360.36 of medical debt. By making a bill into painting, MSCHF set two monetary forces equal and opposite on another, thereby nullifying the bill while also creating commentary on the US healthcare system.

Participating in this drop represents the opportunity to co-own art by MSCHF, while also erasing the medical debt of 3 individuals.




Recent Sales
Due to the unique nature of the work and artist, there are no comparable or recent sales for “Medical Bills”. However, MSCHF's market continues to grow and attract strong demand given all 35 drops continue to garner exposure from top media outlets such as Artnet, The Verge, NYT, and Techcrunch with rapid sell out times.
Banksy of the Internet
MSCHF is a Brooklyn-based creative collective, coined “the Banksy for the Internet” by the New York Times. They create physical and digital drops, all of which are antagonistic to the current culture of virality.
Strong Demand
They have released a number of projects since their launch that often sell out within minutes despite limited marketing. A few of their works have also sold on the secondary market.
Virality
MSCHF continues to gain cultural significance through consistent stunts that go viral on various mainstream news outlets including: The Verge, the New York Times, and Bloomberg.
Artist
MSCHF
Artwork
Medical Bill
Size
3 works, each 72 x 55.56 inches
Creation Year
2020
Medium
Oil on Canvas
Year Purchased
2020
Purchased From
MSCHF
Drop Value
$75,000
IPO Share Price
$20.00
Drop Market Report
Our team prepares extensive research and financial analysis for each drop on Otis.
This investment is speculative and involves substantial risks to consider before investing, outlined in the Offering Circular and including, but not limited to, illiquidity, lack of diversification and complete loss of capital. Also, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment.
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