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cover of episode An NFT Ecosystem Like This Is Worth Guarding

An NFT Ecosystem Like This Is Worth Guarding

2022/5/16
logo of podcast Raoul Pal: The Journey Man

Raoul Pal: The Journey Man

Shownotes Transcript

Times are rough out there in the NFT market. But Meta Angels are serious builders who create unique experiences for their holders. It starts with direct dialogue with community members in the “wishing well.” It leads to launches like Angel Labs, a 10-week accelerator for experienced operators launching NFT-enabled businesses. And it includes dropping their own marketplace for their collection. This is the kind of team and the kind of Web3 ecosystem that helps us cut through the fog of this bear market to a not-so-distant future of growth and development. There’s no question the market is at a serious low. But, speaking with Real Vision's Elaine Ly, co-founder Allyson Downey and Sarana Haeta (who works under the artist name Aslan Ruby) say investing in NFTs takes a long-term view. “This is an incredibly volatile space,” notes Downey. “You can't be in it if you don't have a strong stomach." Recorded on May 9, 2022.

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