Dive into the buzzing world of cryptocurrency, where recent developments like Venmo's crypto support and the rise of NFT marketplaces are reshaping the landscape. Discover the surprising resurgence of Dogecoin and its continued cultural relevance. Unpack how Coinbase's successful direct listing is influencing investor confidence in crypto startups. The discussion highlights challenges in sustaining engagement in the NFT market and the importance of user education in navigating this evolving financial frontier.
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NFTs and Sports Moments
Steph Curry's recent hot streak in basketball demonstrates the potential value of NFTs tied to specific moments.
Imagine owning an NFT of a memorable three-pointer.
insights INSIGHT
Coinbase's Direct Listing as an Exit Strategy
Coinbase's success could pave the way for more crypto startups to IPO, offering a credible exit strategy.
This contrasts with previous exit routes like ICOs or acquisitions.
insights INSIGHT
Coinbase's Impact on Crypto Investing
Coinbase's direct listing makes crypto investing more accessible for traditional investors.
This mainstream acceptance signals a potential shift in the broader financial landscape.
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For this week’s deep dive Natasha and Alex and Danny wanted to chat crypto. No, not cryptography, but cryptocurrency. The topic has been hot in recent months thanks to Coinbase, recent weeks thanks to the rapid price appreciation in the value of many coins, and in recent days because dogecoin went crazy.
But that's not all, there have been a host of NFT marketplaces that have raised millions in the past week. We talk about Rarible, SuperRare, OpenSea, and Dapper Labs. We talk about differentiation, UX, and if more than one marketplace can win.
Dogecoin's to the moon moment had reached a new price high and come down some before our show recorded, but the cryptocurrency's joke apparently is still funny after all these years. Here's a tweet and an article about it.
And the idea that Coinbase's successful direct listing will matter for investors betting on crypto-focused startups is true, at least according to investors. More on that here, and hit us up if you want a sweet discount code to get past that paywall.
Equity is back on Friday with our weekly news roundup. It's going to be a treat. Chat soon!
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
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