Every circ board out there is dead in the water right now. The majority of nft volume was a small number of people who had very large collections and were very much into flipping them. If you remove the retail portion, maybe there's not that much here without the retail folks buying these. And just to pause for a second, tod think about how much money, 400 million is in one day.
BIG Tuesday show! First up, J+M break down the insane saga of Twitter's now-cancelled OnlyFans-like product (1:41), OpenSea NFT trading volume dropping ~99% (20:47), a MAJOR FTC lawsuit against a data broker selling sensitive info (36:26), and more!
(0:00) Molly tees up today's news roundup!
(1:41) Twitter's cancelled OnlyFans-like product
(10:21) Dell - Apply for Dell for Startups and get an additional 10% off Dell Latitude products at https://dell.com/twist
(11:49) Practical issues around mixing adult content with brand advertising, Twitter's internal problems
(19:24) Indochino - Get $50 off any purchase of $399 or more by using code TWIST at checkout https://www.indochino.com
(20:47) OpenSea single day trading volume dropped ~99% from a peak of $400M+ in early May to ~$5M in late August
(29:42) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist
(30:46) Alexis Ohanian's Seven Seven Six is raising $177M to invest in distressed crypto assets
(36:26) Potentially groundbreaking FTC lawsuit brought against a data broker for selling sensitive geolocation information without user consent
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