Avid NFT collector Aftab Hossain (aka @iamDCinvestor on Crypto Twitter) discusses why OpenSea and NFT volumes are popping to start 2022, how LooksRare’s vampire attack is a good thing for the NFT market, and how royalties affect a project’s trading potential. Show topics:

why Aftab thinks NFT floor prices are rising and what role NFT “flippers” have to do with his theory
whether the NFT industry could continue growing even if fungible crypto assets enter a bear market
how the LooksRare vampire attack on OpenSea works
why people are wash trading NFTs on LooksRare
why Aftab would choose to list NFTs on LooksRare over OpenSea
whether LooksRare’s vampire attack will force OpenSea to decentralize and/or tokenize
what sort of NFT projects should have royalties… and which projects shouldn’t

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Episode Links

Aftab Hossain

Twitter: https://twitter.com/iamDCinvestor

LooksRare

LooksRare vampire attack + wash trading:
- https://decrypt.co/90317/ethereum-nft-market-looksrare-wash-trading
- https://www.coindesk.com/tech/2022/01/11/one-day-after-launch-opensea-competitor-looksrare-sells-over-100m-in-nfts/
LooksRare: https://twitter.com/LooksRareNFT
LooksRare vs OpenSea data: https://dune.xyz/hildobby/LooksRare-VS-OpenSea

Background Links

NFT volume to start the year: https://cryptopotato.com/opensea-records-over-2-billion-in-trading-volume-early-in-2022/
OpenSea metrics: https://dune.xyz/rchen8/opensea
Fred Ehrsam tweet: https://twitter.com/FEhrsam/status/1370414944265572353

The Chopping Block: https://unchainedpodcast.com/the-chopping-block-why-the-crypto-markets-have-been-down-this-week/
Nas NFTs:
- https://decrypt.co/89881/rap-legend-nas-sells-2-songs-as-nfts-on-dj-3laus-royal-platform
- https://www.theblockcrypto.com/linked/130123/3lau-backed-platform-royal-crashes-during-first-music-nft-drop-mint-delayed
OpenSea IPO rumors: https://decrypt.co/87701/opensea-ipo-criticism-crypto-ethereum-token
SushiSwap vampire attack: https://www.theblockcrypto.com/post/76419/uniswap-fork-sushiswap-700-million-total-value-locked

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