Brian Armstrong just bought one of the most expensive homes in the state of California. For $133M, his modern Bel Air mansion is now one of the priciest single-family home transactions ever. The self-confessed “on the spectrum” (of Autism) CEO has managed to become one of the world’s richest entrepreneurs, as well as one of […]
Six months ago, OpenSea raised at a $1.5B valuation. Today, it just raised at a $13.3B valuation. NFTs are a massive business. Here is OpenSea’s yearly transaction volume. It takes 2.5% of that volume, generating the revenue in the pictured line chart. 2018: $474K2019: $8M2020: $24M2021: $15B We’re only a few days into 2022, but […]
50 thousand favorites of a Tweet is not a normal thing. While crypto bears are everywhere, Stephen Diehl has become the standard bearer for the position. His threads are written with the wit of David Foster Wallace and the techno-philosophical prose of Michael Crichton. And, boy, do they perform. With Twitter’s average engagement rate of […]
They Said, “Let’s Buy the Constitution” It was the auction featured on newscasts around the world. A copy – yes a copy, not the original document – of the US constitution was going up for sale. As far as utility to the world, the value of the document was as a historical artifact and collector’s […]
If you had to pick a single pandemic stock, Square might have been it. A relatively counter-intuitive pick given the primacy of its offline card reader business, Square gained about $80B in market cap between February 2020 and February 2021. But where the rise is swift, so tends to be the fall. Square was no […]
12 lessons on building for web3 from crypto’s #1 DEX Uniswap is, in my opinion, the most interesting company in decentralized finance (DeFi). Already the leading decentralized exchange (DEX) by market share last year, it survived the infamous SushiSwap “vampire attack,” and has continued to release noteworthy product innovations since, including becoming a decentralized autonomous […]
Today, an all star consortium of investors announced a $100M fund dedicated to Solana gaming. This is a big deal. It can kickstart blockchain gaming on Solana significantly. The investors, including FTX and Lightspeed, represent the cream of the crop in crypto investing. Here are three of the top Solana gaming companies to watch. Faraway […]
Decentralized Finance Applications’ Killer Interface: the Metaverse NFTs. Metaverse. DeFi. 🤦 Not more buzzwords… I get the reaction. The title can read like hyperbole salad. But, I want to argue these three technology trends are real. And matter. And what most analysts miss is – they increasingly look to be connected. After working in gaming […]
Aug 21, 2021 💭 “Cardano… the altcoin I invested in back in 2017?” I was really surprised to see the headline that Cardano had become the #3 cryptocurrency a few weeks ago. That makes it the leading crypto behind Bitcoin and Ethereum. It is amazing something became so big with me knowing so little. As […]
Key Takeaways: NFTs are beyond the peak of inflated expectations and trough of disillusionment, climbing up the slope of enlightenment in digital art and digital collectibles NFTs enable player needs of ownership, collection, fandom, and investment, making them a compelling fit to be applied as a technology to gaming Existing games using NFTs like Axie […]