Yesterday Nate Chastain, former product manager at Opensea, was indicted for making ~$40,000 insider-trading NFTs.
He's facing up to *40 years in prison.*
DOJ is coming for your ass too.
Here's what you need to know to get smart on this surprising case and not go to jail:
Formula for a winning #NFT:
1. [Adjective] + [Animal] + Yacht Club
2. Pick an animal that looks reasonably good in a PFP
3. Someone spreads a rumor that you're a Yuga project
If people bought nfts based on what they think of it artistically and not for speculation, we wouldn't have so many Solana derivatives out there. #Solana#NFT