Why Richerd Rejected a $10M Offer for His CryptoPunk
Explicit content warning
11/24/21 • 37 min
2 Listeners
This week, we’re excited to welcome Richerd Chan, the co-founder of Manifold.xyz, a leading studio that creates blockchain products and custom smart contracts for artists. In October, Richerd made headlines when he displayed his diamond hands and turned down a nearly $10 million offer for his CryptoPunk #6046. “My punk is not for sale,” he tweeted at the time. “Don’t care what anyone offers me.”
In this episode, we cover:
Why he rejected the offer of 2,500 ETH for his CryptoPunk
What a smart contract is and why they’re important in the NFT space
Why artists and projects need custom smart contracts, and the innovation and utility they can unlock.
The origin story and mission of Manifold
How Richerd decides who to partner with on projects, and his favorite projects
How his open-source Royalty Registry can help solve the cross-platform secondary sales issue
The most exciting potential use cases for custom smart contracts
And much more!
To sign up for the nft now newsletter, where we break down the NFT market into actionable insights each week, go to: https://www.nftnow.com
To follow Richerd on Twitter, go here: https://twitter.com/richerd
To follow Manifold on Twitter, go here: https://twitter.com/manifoldxyz
Hosted on Acast. See acast.com/privacy for more information.
This week, we’re excited to welcome Richerd Chan, the co-founder of Manifold.xyz, a leading studio that creates blockchain products and custom smart contracts for artists. In October, Richerd made headlines when he displayed his diamond hands and turned down a nearly $10 million offer for his CryptoPunk #6046. “My punk is not for sale,” he tweeted at the time. “Don’t care what anyone offers me.”
In this episode, we cover:
Why he rejected the offer of 2,500 ETH for his CryptoPunk
What a smart contract is and why they’re important in the NFT space
Why artists and projects need custom smart contracts, and the innovation and utility they can unlock.
The origin story and mission of Manifold
How Richerd decides who to partner with on projects, and his favorite projects
How his open-source Royalty Registry can help solve the cross-platform secondary sales issue
The most exciting potential use cases for custom smart contracts
And much more!
To sign up for the nft now newsletter, where we break down the NFT market into actionable insights each week, go to: https://www.nftnow.com
To follow Richerd on Twitter, go here: https://twitter.com/richerd
To follow Manifold on Twitter, go here: https://twitter.com/manifoldxyz
Hosted on Acast. See acast.com/privacy for more information.
Previous Episode
The Hundreds’ Bobby Hundreds on the Future of Fashion NFTs
This week, we’re excited to welcome Bobby Hundreds, an artist and co-founder of popular streetwear brand The Hundreds, which has collaborated with influential NFT projects such as Bored Ape Yacht Club, and Larva Labs, the company behind CryptoPunks. The Hundreds launched its own NFT project, Adam Bomb Squad, in August.
In this episode, we cover:
How The Hundreds got into NFTs
What Bobby Hundreds saw at the intersection of NFTs and culture at NFT.NYC and ComplexCon
How to bring a streetwear and lifestyle brand into the NFT space
The Adam Bomb Squad, and the future of the project
How fashion brands can leverage NFTs
The cultural milestones needed for NFTs to reach mainstream adoption
And much more!
To sign up for the nft now newsletter, where we break down the NFT market into actionable insights each week, go to: https://www.nftnow.com
To follow Bobby Hundreds on Twitter, go here: https://twitter.com/bobbyhundreds
To follow The Hundreds on Instagram, go here: https://www.instagram.com/thehundreds/
Hosted on Acast. See acast.com/privacy for more information.
Next Episode
VeeFriends’ President Andy Krainak on Creating Community Utility
This week, we’re excited to welcome Andy Krainak, the president of VeeFriends, Gary Vaynerchuk’s NFT project. The collection launched in May 2021, with the goal of providing a blueprint on how to add real value, utility and community to NFTs.
In this episode, we cover:
What VeeFriends is and how it works
The project’s core utility elements
How Krainak plans to keep iterating upon community utility
How Krainak fosters and manages such an engaged community
How to balance creating value for NFT holders with the barrier to entry as prices rise
Krainak’s advice for NFT creators and artists on how they can create value
Lessons Krainak has learned building and launching VeeFriends
Projects that are innovating upon community and utility
What’s next for VeeFriends
And much more!
To sign up for the nft now newsletter, where we break down the NFT market into actionable insights each week, go to https://www.nftnow.com
To follow Andy on Twitter, go here: https://twitter.com/krainak
To follow VeeFriends on Instagram, go here: https://www.instagram.com/veefriends/
Hosted on Acast. See acast.com/privacy for more information.
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