Thread by @playtern

1/ 📝 Playtern Notes

📺 Grizzle LIVE
💎 THE STATE OF THE NFT MARKET

⚙ @grizzlemedia
🎤 @thomasg_grizzle
🎤 @ScottW_Grizzle
🗣 @masonnystrom

2/ What is Messari

@MessariCrypto is a research data & analytics platform

Think Bloomberg for crypto

3/ @masonnystrom & his path into crypto

🔹 2017 working with a crypto exchange in hongkong
🔹 Joined consensus
🔹 Joined @MessariCrypto over a year ago

💎 Research analyst covering #Web3 #NFTs #SocialTokens and emerging trends

4/ @opensea - Year to Date Volume

🔸 Largest & Oldest NFT marketplace
🔸 Year to date over $1 Billion in volume (as of July)
🔸 In august alone, have done over $3.4 Billion in volume
🔸 2 days into September ($315M in volume)

5/ On NFTs

🔹 Artists profiting of secondary sales via royalty is massive
🔹 Not all have royalties, some accrue to the DAO or back to the tokenholders
🔹 NFTs usually come with some kind of membership value (Example: @BoredApeYC)
🔹 NFT avatars are akin to the luxury market

6/ Utility Value (Perks)

🔹 Redeeming your NFTs for physical goods (one-time)
🔹 NFT holders being able to earn royalties on merchandise (cashflow)

Tons of open design space for what companies or individuals can do

7/ Most important takeaway of what NFTs are gonna do

🔸 Anything that can be tokenized in the blockchain will be tokenized
🔸 NFTs haven't tackled Intellectual Property but it is inevitable
🔸 Digitizing goods, being able to track them will be a big benefit

8/ Is there another cryptocurrency that you view is better positioned?

🔹 Some will do well on ETH while others will need some sort of L2 Scaling
🔹 There are various options to build in (Example: @AuroryProject launching on @solana)

Will all depend on where demand goes

9/ On Music

🔸 Ticket Sales (scalpers make loads of money in live events)
🔸 Making tickets NFTs creates a secondary market where artists can benefit from the secondary sales

10/ Bigger Picture Trends

🔹 Web3 - Removing middleman of the entire internet stack
🔹 Making them more equitable
🔹 Controlled by the users who actually use them

11/ Messari Outlook

🔸 Systems will be controlled on permissionless blockchains
🔸 BTC will be a digital reverse asset
🔸 Messari offers Data, On-Chain Analytics, Research, Events Monitoring
🔸 Messari Mainnet Sept 19 - 22

12/ $ETH OR $SOL - How would you split it (Not Financial Advice)

🔹 75% ETH, 25% SOL
🔹 Both have interesting developer activity + growing community

13/ Watch 📺:

Notes / Pod / Intern Squad 👇
@cmsintern @Darrenlautf @analyticalali @0xminion @wassiecapital @The_ReadingApe @degenism @0x4C756B65 @genpoor @jiminstupid @RenCryptoFish @zkchun @AnonNgmi @mevintern @delphiintern @PARADIGMintern @sandraaleow

@PlayFutureFund @SnorlaxHODL @retripaladin @KenrickLuneX @thomasg_grizzle @ScottW_Grizzle @masonnystrom