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.
------------ Sponsors -------------
PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch
CoinFLEX is the Home of Crypto Yield for passive capital and active traders to earn and trade crypto. Explore yields up to 100% APR with CoinFLEX's simple AMM+ product: https://coinflex.com/amm
------------ 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
