4min chapter

This Week in Startups cover image

Fantasy startup investing NFTs + former Tesla CTO JB Straubel’s Redwood Materials | E1299

This Week in Startups

CHAPTER

You're Too Dumb to Buy Space Acts

Users could bid on nft shares of hundreds of different startups at auction and compete to build the best performing fake portfolio. You, as a non accredited investor, can not buy shares in a company here in the united states. The great irony here is people are buying nfts to gamble, to watch them appreciate in value. This has become something wildly frent in practice. It's your money, right? Be aware that it's probably a rigged game. There's probably people front running the market. As we saw, an employ at open sea was buying in f ts and then flipping them and making suckers out of open seas customers. So if they caught one, not a private person

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