BNPL for angel investing is a concept I'm super excited by. Thrilled to see @HarveyMultani push this further and hear that @allo_finance is building something similar!
One use case I'd love to see is making secondary sale participation, which typically have a higher minimum investment bar (due to LP limits and larger overall allocation sizes), more palatable.
Angel and private market investors are accredited and therefore lower risk for default and/or missing payments. With the proper safeguards this could unleash greater individual participation in the private markets and more funding options for startups.
Another use case could be in making more concurrent early stage investments more palatable, and help investors get more diversification earlier, once again with proper safeguards in place.
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Over the last year or so I've gone into the deep end of angel + alt asset investing, making lots of friends in the process and learning a ton. Sharing some of my learnings and thoughts on opportunities 👇
1/ I started angel investing a couple years ago, but at a very low frequency/volume via @AngelList syndicates. I've been investing in cryptoassets since 2013 and didn't initially feel the urge to invest personal capital in illiquid high risk assets like startups.
2/ A couple events happened that changed this trajectory this year: a) I attended a @SignalFire summit on angel investing in January, b) I joined @HustleFundVC Angel Squad
What is different about Nouns? 1) There will be 1 Noun created every day in perpetuity, no hard caps like the 10K @BoredApeYC / @thecryptopunks PFP projects
2) Each Noun brings membership into the governing Nouns decentralized autonomous organization (DAO). For more on DAOs check out this thread by @owocki and awesome market research report created by @gitcoin and shared by @forefront__
Digging into @lootproject and its derivatives today, and all things NFT. Loot Project is an exciting new NFT project that has turned PFPs (profile pictures like BAYC + Cryptopunks) on its head with NFTs composed of a list of words and created many new NFT derivative projects
I originally searched on @opensea for Loot derivative projects and saw that the top verified ones that came up using autocomplete are @Abstract_Loot , Loot (for Cyberpunks) and @Treasure_NFT
But I remembered that @DuneAnalytics has some great community created dashboards on the crypto ecosystem and found this amazing one detailing all things Loot and Loot derivatives: dune.xyz/timshel/Loot-E…