Blackbeard

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Blackbeard

Blackbeard

@Blackbeardweb3

building something new

Discord: Blackbeard#9948 Katılım Ocak 2022
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Nass Eddequiouaq
Nass Eddequiouaq@nassyweazy·
Anyone who had their offers rescinded recently, please reach out! Many amazing companies in our portfolio are hiring :)
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Blackbeard retweetledi
Blackbeard
Blackbeard@Blackbeardweb3·
The appeal of holding an NFT is that you essentially own a piece of the project’s equity. This is marketed as the web3 equivalent of a stock. My question is this: What happens when NFT projects inevitably pursue traditional funding? 🧵
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murk
murk@murk_nft·
@Blackbeardweb3 dont even bother looking at comparables or nft industry average %s ☠️
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Blackbeard
Blackbeard@Blackbeardweb3·
Finance bros - what discount rate we using for valuing NFT projects? Over under 50%?
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Blackbeard
Blackbeard@Blackbeardweb3·
2022 will be defined by infrastructure players diversifying their product offerings downstream. Wouldn’t be surprised if exchanges started offering more robust wallets, marketplaces, staking, etc. to capture a larger share of value from the web3 consumer’s journey.
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Blackbeard
Blackbeard@Blackbeardweb3·
If you’re building an NFT project with no technical innovation, storytelling, or legitimate utility (not talking merch / events), just build a meme collection. Way better chance of going the distance than the 99th 3D art project with zero vision set to launch this week.
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Blackbeard
Blackbeard@Blackbeardweb3·
It’s fascinating how many of the top NFT collections are built on memes. BAYC was built on the trend of aping into meme stocks during COVID-19. mfers is built on the “are you winning son” meme. Won’t be surprised if floor reaches and maintains 5 ETH.
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Blackbeard
Blackbeard@Blackbeardweb3·
So, this begs the question: is an NFT a share in a project, or just a profile pic with a few cool uses cases left to rot after the founders have had their fun? If there’s no fiduciary duty, it isn’t investing. This space deserves better.
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Blackbeard
Blackbeard@Blackbeardweb3·
Let’s compare to a public company. The “everything promised” is essentially 12 months of mgmt projections. If mgmt up and left after delivering a year of performance with the entirety of their retained earnings, there would be legal proceedings.
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Blackbeard
Blackbeard@Blackbeardweb3·
If you still don’t think anonymous founders are problematic after seeing the creator of one of the biggest NFT projects get exposed for being a serial rug puller, I don’t know what to tell you.
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Blackbeard
Blackbeard@Blackbeardweb3·
Do you feel there’s a platform that allows you to safely swap NFTs and conduct private transactions? Comment your thoughts…
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Pinnacle
Pinnacle@Pinnacle__·
Thank you God.
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