The Chopping Block: Why the Azuki Elementals Drop Was a Big Flop - Ep. 512

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 29 June 2023

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest crypto news. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform. Show highlights: why the Azuki new NFT collection 'Elementals' caused such a controversy among holders why Robert bought an Elemental and what was he expecting who the Michael Milken of NFTs is, according to Tarun how BitGo 'pulled a Binance' on Prime Trust how Prime Trust, a crypto custodian, collapsed and was put into receivership whether what Prime Trust did can be considered fraud and how the situation highlights DeFi's 'long term advantage' why the majority of blockspace is EVM-compatible what the problems are with current Layer 2 rollups such as Optimism and Arbitrum why rollups are so 'political' in the Ethereum ecosystem what makes Arbitrum better than Optimism, according to Tarun what shared sequencers are and whether they will be the future in crypto Why Haseeb is not so bullish on the app-chain thesis Hosts Haseeb Qureshi, managing partner at Dragonfly Robert Leshner, founder of Compound Tom Schmidt, general partner at Dragonfly Tarun Chitra, managing partner at Robot Ventures Disclosures Links Unchained: Polygon Cofounder Proposes Upgrading PoS Chain to zkEVM Validium The Block: Azuki NFT collections ends Elemental mint with $37.5 million Fidelity preparing to submit spot bitcoin ETF filing: Source CoinDesk: Azuki NFT Prices Slide 44% After Creator Releases 'Basically Identical' Elementals Nevada Files to Place Crypto Custodian Prime Trust Into Receivership Azuki’s thread on its situation Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Not as dividend, it's a tale of two puns.
0:02.4	Now, your losses are on someone else's balance.
0:05.2	Generally speaking, air drops are kind of pointless anyways.
0:08.0	I manage trading firms who are very involved.
0:10.6	I like that eat of the old misconduct.
0:12.8	DeFi protocols are the antidote to this problem.
0:16.7	Hello, everybody. Welcome to the chopping block.
0:18.6	Every couple weeks, the four of us get together
0:20.1	and give the industry insider's perspective
0:21.7	on the crypto topics of the day.
0:23.5	So quick intro is first you've got Tom,
0:25.0	the DeFi Maven and Master of Memes.
0:27.0	Next, we've got Robert, the crypto connoisseur,
0:28.5	and Captain of Compound.
0:30.0	Then we've got to run the Gigabrain and Grand Puba at Connet.
0:33.2	And then finally, I've received a head height man
0:34.8	at Dragonfly.
0:35.9	So we are early stage investors in crypto
0:37.2	and I want to caveat that nothing we say here
0:39.0	is investment advice, legal advice, or even life advice.
0:41.8	Please see chopping blocks at XYZ for more disclosures.
0:45.3	So we were just freaking out about this new Suzuki drop
	...

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