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The Newly Rich
Some of the projects that launched last year are certain to grow into legitimate behemoths. Bored Ape Yacht Club has shown how serious they are about building a massive potentially billion-dollar ecosystem around their IP.
Nat Eliason • From PFPs to VIDs
: Subscribers of a subreddit can collaborate their resources towards an economic goal, as we have seen in GameStop and AMC. But these transactions do not happen on Reddit, which can be changed. The good folks at PartyDAO recently launched a new product, PartyBid, that lets people form teams to bid on NFTs by pooling their resources and bid on multi... See more
Rohit Kaul • Reddit’s missing business model: Embedding commerce in culture
Once artwork tokenization and continuous trading becomes widespread, could we imagine hordes of arty millennials raving on social media about their latest investment into a Warhol or a Monnet ?
Ulysse Laroche • Art Tech
All told, the value of NFTs increased massively at the end of 2020. When OpenSea released its Non-Fungible Token Bible in January 2020, average monthly NFT volume was $2-3 million. By December, dapp tracked $10.15 million worth of sales over the previous 30 days. It’s still a small market, but it’s growing fast, and the technology has huge implicat... See more