Is This a Good Investment?

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Wes: Our most successful investment, thisis out of the fun, is a, is pl going to be the the genesis mint on superar so it'll base ot the very first nft minted on superais back in april 20, eighteenth. The owner of that ike, i decide to fire sale. I you listed it for a hundred eith, and we wea snatched it up immediately. Ah, but because of like the lindyness, ind like narrative around that, like that could potentially be like a fun returner.

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