Investing in Cryptocurrency?

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The popularity of the artist being another one. understanding community building is like, superunderated. All of these sound a, at least to todefine vesters, it miyt sound very kind of a almost wishy washan. That is, it's hard to measure. It's hard to quantify. How do you decide what is the reasonable price to exit? Ye, well, a, in terms of exit, a, i guess that hasn't really been io,. cause personally, like, i kind of dis hold my collection. And also for the fund, we haven't really sold any of our nfts. So agis foll think more about exiting later.

Back in 2018, Richard saw Opensea’s potential as one of the earliest investors - despite its measly yearly volume of $475k.

In 2021, OpenSea became the largest NFT marketplace and facilitated $15 billion in volume, a 31,578x increase,

In this episode, Richard shares with us:

- Is the NFT market a bubble?

- Is it possible to value NFTs like with DeFi protocols?

- How to identify “Blue-Chip” NFTs?

Host: Jason Choi @mrjasonchoi . Not financial advice.

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------------ More Resources -------------

Richard Chen's Twitter - https://twitter.com/richardchen39

Chris Dixon - Strong & Weak Technologies: https://cdixon.org/2019/01/08/strong-and-weak-technologies

Richard Chen - How to get exposure to bluechip NFTs without being a whale: https://twitter.com/richardchen39/status/1492260662403284996

------------ Disclosures -------------

Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries