Is There a Better Way to Value an Nft?

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In a previous interview with an nf collector called ds pi, he mentioned that one of the corps huristics he uses when he invests in an nft is to see who will buy it from him at a higher price. That's really interesting, because my initial thought was actually to disagree, just because i felt there's more am activity to bench mark to for a lot of these all kinds,. especially in d fi, where there's actual cash folds you can model out. Where as, for me, nft p f p have always been a little bit amorphous in terms of where the value comes from.

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