Navigating NFT Royalties and Market Dynamics

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra were joined by Laura Shin to chop it up about the latest news in the digital asset industry. 

Show topics:

• Whether crypto optimism is different in Asia than in the United States
• How Sam Bankman-Fried has been doing some work with US regulators
• How the CFTC lawsuit against Ooki DAO changed people’s perspectives about the regulator
• Whether the lawsuit could make all DeFi illegal and the role of DAOs to coordinate governance
• The SEC settlement with Kim Kardashian for $1.26 million, Gensler’s video explaining the case and whether it was a publicity stunt
• Why Tarun would fire almost everyone at the CFTC and the SEC to hire more technical people
• How the NFT QQL collection censored a marketplace in its code
• What the whole purpose of NFTs is, according to Haseeb
• The debate around NFT royalties and their enforcement
• How a huge portion of the blocks in Ethereum are generated by Flashbots and whether it represents a centralizing force 
• Whether MEV should be stopped or accelerated 

Hosts

• Haseeb Qureshi, managing partner at Dragonfly Capital
• Tarun Chitra, managing partner at Robot Ventures
• Tom Schmidt, general partner at Dragonfly Capital

Guest

Laura Shin, author, and host of Unchained

Episode Links

• Previous Coverage of Unchained on Ooki DAO:
• Why the Ooki DAO Case Could Hurt Participation in DAOs
• Kristin Smith on Why Crypto Legislation Could Be Passed by Year’s End
• CFTC Filing
• $250,000 fine
• Nik’s article
• CFTC Commissioner Summer Mersinger’s dissenting statement
• CFTC serving the members of the Ooki DAO via their forum
• Tim Copeland’s article on what’s next for DAOs
• A federal court ruled that the CFTC legally served Ooki DAO through a website help bot.
• The LeXpunK Army filed a motion for amicus status in the SEC case against bZx/Ooki DAO.
• Crypto group DeFi Education Fund argued that the CFTC should properly serve Ooki DAO’s actual members, not just the DAO at large.

• Tyler Hobbs’ QQL $17 million collection
• QQL blacklist explanation
• NFT platform hits back
• Previous episode of The Chopping Block debating NFT Royalties
• Article: Why NFT Creators and Collectors Can’t Stop Talking About Artist Royalties
• Article: NFT Royalties: Why artists love them, and traders don’t

• The SEC fined reality TV star Kim Kardashian $1.26 million for promoting a crypto security without proper disclosure.
• Fortune article on the Kim Kardashian settlement as publicity stunt
• eMax price spiked
• Gary Gensler’s video

• Post-merge relay drama
• What is MEV
• Proposer-Builder separation: 
• MEV Boost
• Flashbots auctions
• Previous Coverage of Unchained on MEV: Why Is Ethereum Trying to Maximize Value From Users?

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