2min chapter

Web3 Talks: Stories & Tips from the Builders cover image

#40: Alex Salnikov, Co-Founder & CSO @ Rarible | From a napkin MVP in 2019 to one of the leading community-centric NFT marketplaces & protocols

Web3 Talks: Stories & Tips from the Builders

CHAPTER

DeFi - What Happened in Summer 2020?

In summer 2020, we had some collectors to adopt the platform and that swept as we now say, swept the floor. Just bought almost whole collections of some early wearable creators. We had a spike on our volume and believe me or not, that spike was $30,000 a month. And that was five times bigger than ever before. That gave us some validation. Yeah, interesting. Something is happening here. The compound launched their liquidity mining program and just a couple of weeks later, we launched our liquidity mining program. We launched the token that supercharged the growth of the platform. Everything blew up like crazy out of the $50,000 a week, $30,00k a

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