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Unchained

Why Are NFTs the One Bright Spot in the Crypto Markets? - Ep.309

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 14 January 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

Avid NFT collector Aftab Hossain (aka @iamDCinvestor on Crypto Twitter) discusses why OpenSea and NFT volumes are popping to start 2022, how LooksRare’s vampire attack is a good thing for the NFT market, and how royalties affect a project’s trading potential. Show topics: why Aftab thinks NFT floor prices are rising and what role NFT “flippers” have to do with his theory whether the NFT industry could continue growing even if fungible crypto assets enter a bear market how the LooksRare vampire attack on OpenSea works why people are wash trading NFTs on LooksRare why Aftab would choose to list NFTs on LooksRare over OpenSea whether LooksRare’s vampire attack will force OpenSea to decentralize and/or tokenize what sort of NFT projects should have royalties… and which projects shouldn’t  Thank you to our sponsors! Avado: ava.do Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021    Episode Links   Aftab Hossain Twitter: https://twitter.com/iamDCinvestor   LooksRare LooksRare vampire attack + wash trading:  https://decrypt.co/90317/ethereum-nft-market-looksrare-wash-trading https://www.coindesk.com/tech/2022/01/11/one-day-after-launch-opensea-competitor-looksrare-sells-over-100m-in-nfts/  LooksRare: https://twitter.com/LooksRareNFT  LooksRare vs OpenSea data: https://dune.xyz/hildobby/LooksRare-VS-OpenSea   Background Links NFT volume to start the year: https://cryptopotato.com/opensea-records-over-2-billion-in-trading-volume-early-in-2022/  OpenSea metrics: https://dune.xyz/rchen8/opensea  Fred Ehrsam tweet: https://twitter.com/FEhrsam/status/1370414944265572353 The Chopping Block: https://unchainedpodcast.com/the-chopping-block-why-the-crypto-markets-have-been-down-this-week/  Nas NFTs:  ​https://decrypt.co/89881/rap-legend-nas-sells-2-songs-as-nfts-on-dj-3laus-royal-platform  https://www.theblockcrypto.com/linked/130123/3lau-backed-platform-royal-crashes-during-first-music-nft-drop-mint-delayed  OpenSea IPO rumors: https://decrypt.co/87701/opensea-ipo-criticism-crypto-ethereum-token  SushiSwap vampire attack: https://www.theblockcrypto.com/post/76419/uniswap-fork-sushiswap-700-million-total-value-locked Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Unchained has expanded beyond podcasts.

0:02.5

We now offer crypto news, tutorials, and everything you need to know about Web 3,

0:06.8

and videos to help deepen your crypto knowledge.

0:09.2

Visit UnchainedCrypto.com today.

0:13.0

Hi, all. As you know, my book, The Cryptopians, comes out February 22.

0:17.8

I wanted to share a blurb that Jeff John Roberts, the executive editor of Decrypt,

0:23.0

and author of Kings of Crypto, wrote about it.

0:25.9

Jeff said, the most authoritative account yet of Ethereum.

0:30.5

Laura Shin is deeply sourced in the crypto world, and this is reflected on every page.

0:36.3

The Cryptopians also casts new light on Vitalik Booterin,

0:40.4

showing the human side of Ethereum's founding genius as never before.

0:45.5

If that intrigues you, then pre-order The Cryptopians.

0:48.8

Idealism, greed, lies, and the making of the first big cryptocurrency craze

0:53.8

today at Bitly slash Cryptopians.

0:56.9

That's b-i-t dot l-y slash c-r-y p-t-o p-i-a-n-s.

1:03.2

And again, the book comes out February 22, and you can pre-order it at Bitly slash Cryptopians.

1:14.2

Hi, everyone. Welcome to Unchained, your no-hype resource for all things crypto.

1:18.4

I'm your host, Laura Shin.

1:20.4

A journalist with over two decades of experience.

1:22.9

I started coming crypto six years ago, and as a senior editor at Forbes,

1:26.9

was the first mainstream meter-porter to cover cryptocurrency full-time.

1:30.6

This is the January 14, 2022 episode of Unchained.

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