Crypto Girls

We continue our discussion from last week on the evolution of NFT projects from individual drops into full-fledged brands with Tara Fung. She's the co-founder and CEO of Co:Create, a new protocol that makes it possible for NFT projects to scale and generate new revenue streams. Armed with a $25M seed round led by a16z crypto, Co:Create is poised to lead the next evolution of the NFT ecosystem.
We chatted with Tara about the nitty-gritty of native tokens, consumer-facing projects, and the Coinbase insider trading case. In one of our favorite game times yet, we rate legacy brand NFT projects from "drip" (cool) to "drop" (flop).
Follow Tara at @nonfungibletara & follow Co:Create at @usecocreate on Twitter.
In the introduction, we break down recent NFT news from Instagram, Reddit, Tiffany & Co., and go deep on Licensing vs. Creative Commons (CC0) – a hot topic in the NFT world these days.
Further reading:

• Moonbirds & Oddities are now CC0
• Twitter thread from @NFTSabeen on licensing vs. CC0
• JUMP email detailing Tiffany's licensing flop

Dirt is a daily newsletter about entertainment online that has earned a cult following. Recent dispatches include reflections on HBO's Gen Z workplace drama Industry, a look at thirsty brand Twitter accounts, and a deep dive on the history of shells in visual culture. New York Magazine put it best: Reading Dirt is "like getting a note about something interesting from a smart friend." A casual reader wouldn't know it, but the newsletter's operation is actually funded in part through the sale of NFTs – which is why we invited Dirt cofounder Daisy Alioto to come on the pod this week. Daisy is a writer who has previously worked in audience development, and she brings her depth of knowledge of the media landscape to her day-to-day at Dirt.
We discussed why NFTs could help the media world evolve, consumer demand in the crypto sphere, media vs. tech discourse, and which TV character is most likely to get wrapped up in an NFT scam.
Subscribe to Dirt at dirt.substack.com, and be sure to follow both Dirt and Daisy on Twitter, @dirtxyz / @daisandconfused. Also, if anyone knows what is happening with Bella Hadid's NFTs...please DM us.
Additional links:

• Dall-E AI image generation
• Tiffany NFTs
• Tiffany CryptoPunk necklaces

It's us, the Crypto Girls. Join us as we try to figure out what's actually going on in the wild world of web3. In this intro episode, we discuss why we're here and what we'll be covering in future episodes.

In this episode, we break down the recent implosions of 3 crypto-adjacent companies: 3 Arrows Capital, Celsius, and BlockFi...and decide which one would make for the best Netflix mini-series. Casting choices include: Vin Diesel, the Sprouse twins, and potentially Colin Firth reprising his acclaimed role as a lawyer.
Disclaimer: We are aware there are really people and real money at the center of these situations, and our intention is not to cause offense or harm. Our only goal is to educate people about these issues in a way that is entertaining and digestible. (Also, we're trying to laugh so we don't cry about the fact that the crypto ecosystem has now tanked more than enough money to solve world hunger. If you don't find that at least a little distressing and worthy of ridicule, we suggest you step away from the keyboard.)
Sources:

• From $10 billion to zero: How a crypto hedge fund collapsed and dragged many investors down with it
• Celsius Reclaims $172M Collateral From Aave, Compound
• Celsius Network was a 'Ponzi scheme,' company's former investment manager alleges in lawsuit
• BlockFi's investors could get wiped out

Drum roll please... we finally found a crypto lawyer!
This week, we sat down with Cryptones, a Twitter friend and securities lawyer – or so we hope. (Slight disclaimer, we have no way to verify that he's actually a lawyer because, in true crypto bro fashion, he's anon.) Regardless, we had a long and fascinating convo about our burning securities questions, the Howey Test, and whether NFTs in their current form will even be legal five years from now. Be sure to follow him on Twitter, @cryptonesy.
Also in this episode: A brief explainer on what happened with UST/Terra/Luna (aka, headlines you may have seen related to the crypto market crash). We will have more in-depth conversations on this to come in the following weeks, so stay tuned.
Some helpful links on topics we mentioned:

• CoinDesk TV - The Hash
• Azuki Creator in Hot Water Amidst Rug Pull Allegations: Here Are the Facts
• Stablecoins Terra and Tether depegged from the dollar, leaving analysts wondering if this marks a ‘Lehman’ moment for crypto
• The Ripple-SEC legal brawl could be a game-changer for crypto

Vocab words: UST/Terra/Luna, Azuki, Fidenza, Art Blocks