Ok continuing on with the 2022 Messari Crypto Theses summary with NFTs - composability, financialization, marketplaces, metaverses, infrastructure and more!
1/ @dhof's @lootproject introduced us to the concept of composable NFTs in a large way. All Dom had to do was tweet out a link with the Loot smart contract and people created an entire universe around the ecosystem.
Dec 18, 2021 • 25 tweets • 13 min read
Continuing on with my recap of the @MessariCrypto@twobitidiot crypto theses report (this time without memes), we have crypto policy, market infrastructure, and NFTs 👇🏿
1/ Let's start with the topic of DAOs, most prominently brought to mainstream consciousness via @ConstitutionDAO. @a16z proposed a legal framework for DAOs as part of their policy initiative and how governance and legal structures are rather fluid compared to traditional orgs
Dec 18, 2021 • 8 tweets • 3 min read
Idea: @thrasio for dying / bankrupt retail brands, monetizing through DeFi protocols. Sounds crazy, but there is more to this story…
1/ There is a group called Retail Ecommerce Ventures that has bought up a collection of bankrupt / dying retail brands like @RadioShack@steinmart@pier1 and more. The original plan was to create online only presences for these brands.
Dec 15, 2021 • 9 tweets • 8 min read
Read all of @twobitidiot’s amazing 2022 crypto theses (messari.io/pdf/messari-re…). Sharing what I learned over the next few days for those that don’t have time to read with key takeaways and memes! Some initial learnings from the first few sections 👇🏾
1/ First the elephant in the room, people gravitate to Web3 / crypto because there is an erosion of trust in ethics and competence among today’s institutions
Oct 15, 2021 • 4 tweets • 1 min read
What does the long tail of NFT secondary marketplaces look like? OpenSea, SuperRare, Foundation, Nifty Gateway, etc.
Is there a Shopify type opportunity to let any creator stand-up their own NFT storefront for primary sales and community management, and a Thrasio like opportunity to roll these up into a larger marketplace for optimized secondary sales?
Sep 25, 2021 • 14 tweets • 3 min read
I want to explore a radical thought experiment: what if every organization became a DAO?
A new DAOconomy world order, 🧵👇🏾
1/ DAOs have basic primitives: smart contracts for governance, membership tokens to enable voting + ownership, communication tools for coordination, treasuries to collect membership fees, committees, proposals on actions, multi-sig authorization, etc
Sep 19, 2021 • 20 tweets • 12 min read
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.
Sep 18, 2021 • 4 tweets • 2 min read
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.
Sep 18, 2021 • 12 tweets • 8 min read
Another fascinating new NFT project that I've explored is @nounsdao . For a great introduction to the project check out @kevinrose interview with creator @punk4156 here: proof.xyz/nouns-4156/ and their website at nouns.wtf
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
Sep 18, 2021 • 6 tweets • 3 min read
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
