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Why VC is Dumb Money, OpenSea Token, and The NFT Comeback | Nick Tomaino

Empire

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The Importance of a Token in a Marketplace

I was setting up weekly meetings with Devon and Alex trying to convince them to launch a token because I do believe that for a marketplace giving users ownership is incredibly powerful. And, you know, Devon and Alex were listening, but they were always pushing back and they didn't feel it was the right time. If anything Wall Street just doesn't think crypto is real or kind of maybe lumps all crypto with FTX. So I trust and believe in Devon. It would be my answer. Like, I do think there's benefits to a token. And I see why people are pushing them to do a token. There's also a number of risks and tradeoffs that come with that. But

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