Thread by @NFTethics

1/ We have a couple of questions for @moonpay/@isotowright, and its concierge service that a lot of celebrities already seem to have used to purchase some high value NFTs. We created a non-exhaustive list of these celebrities below.

2/ The CEO of MoonPay, @isotowright, gave an interview with @TheBlock__, but some of the questions were not (properly) answered, so we would like to ask these questions again. The article can be found here (and we will refer to it in the tweets below): theblockcrypto.com/post/128517/mo…

3/ Is there a commercial relationship between MoonPay and the clients that use the MoonPay concierge service? Are they paid in any way or required to promote MoonPay when using this service?

4/ We noticed that some Bored and Mutant Apes have been transferred (for free) to MoonPay’s OS account from different other accounts including (for example) @nft42_/@j1mmyeth’s OS account. Can you clarify why that is the case and how these people have been compensated?

5/ Is there a commercial relationship between MoonPay and Bored Apes Yacht Club (BAYC) or any other NFT project? If so, what are the conditions?

6/ The Bored Ape that Gwyneth Paltrow announced to have received via MoonPay on 26 Jan 2022 was already purchased by MoonPay more two months earlier (15 Nov 2021). Does that imply that MoonPay is actively investing in NFTs, even before a potential celebrity wants to purchase one?

7/ Only high net worth individuals can use the concierge service, but there is no minimum purchase. So people with a net worth of $50k and willing to spend $25k are declined, but people with a net worth of $10 million that want to spend $10k are accepted? Why?

8/ Do you think it is appropriate for you, as the CEO of MoonPay, to have an avatar on Twitter with a (verified) Bored Ape when your actions/communications can have a material impact on the value of that NFT?

9/ Do you think it is appropriate for you, as the CEO of MoonPay, to personally trade in NFTs, when you have insider information about (celebrity) deals that can have a material impact on the value of that NFT?

10/ As an important player in the crypto/NFT space, do you think that MoonPay should (continue to) provide a service that actually makes transactions less transparent? It is now for example not possible for us to see if/how much Gwyneth Paltrow paid for her Bored Ape.

11/ Thank you in advance for answering these questions and looking forward to your perspective on these issues.