Be like @opensea
Early Success:
> founded in 2017 on the thesis of being “Amazon/eBay of NFTs”
> raise $2.1Mn based off this in 2019
> be early to catch the NFT boom in 2021
> raise more funds with 3 new rounds
> generate billions in monthly trading volume and earn 2.5% from it
> make as much as $2.7Bn trading volume in a day in 2022
> push your valuation to be as high as $13.3Bn in 2022
> make a bank from NFT projects and NFT buyers without giving them anything back
> be adamant on dropping a token and/or rewarding users in 2021-2023
> make no improvements in UX and UI because you don’t need to as you’re the only legitimate NFT marketplace out there
> be involved with insider trading scandal led by one of your ex-employees who’s now in jail
> have your database exploited which led to emails & identities of your users to be divulged
Competitive Era:
> have your feet swept from the ground with the arrival of Blur
> make no improvements on UX/UI to be more trader friendly similar to Blur despite users asking for it
> do nothing as Blur introduced airdrop seasons that incentivized farming NFTs via bidding, listing, and wash trades
> try to defend royalties for yourself and NFT projects by objecting to lowering platform fees to 0% and royalties to 0.5% similar to Blur
> find yourself eventually giving in and following Blur’s fees
> see yourself lose market leadership in NFTs to Blur in the height of farming season
> watch Magic Eden transition from being a Solana NFT marketplace to being a multi-chain marketplace
> see some top NFT projects like Yuga Labs partnering with Magic Eden instead because you didn’t defend royalties vs. Blur
> watch Blur burn NFTs to ground by farming NFTs to death and launching their token $BLUR, then their L2, Blast
> watch Magic Eden do the same formula as Blur by incentivizing trading volume as they launch their token, $ME
> still be adamant about launching your own token despite your major competitors doing it
OS2 Era:
> tease that you’ll finally drop a token, $SEA, as early as Feb 2025
> launch OS2 in 2025 to cater to multi-chain NFTs
> introduce token trading (aka memecoins and such) to also be tradable in OpenSea
> lower platform fees to 0.5% similar to Blur before
> improve UX and UI for traders by copying Blur’s UX and UI before
> introduce gamified rewards via Voyages XP
> announce that 50% of $SEA supply will go to the community and the way for them to get it is to stack XP via trading
> announce in Oct 2025 that $SEA TGE will be in Q1 2026
> continue farming your users for a year by having 6 waves for $SEA campaign
> make an online live event on Mar 30, 2026 and excite your followers about the next phase of OpenSea
> break the news that $SEA will be delayed beyond Q1 2026 even before the Mar 30 event to manage expectations
> offer refund of trading fees from waves 3-6 to deal with the user frustrations but only offer waves 3-6 because these are peanuts compared to waves 1-2
Be early.
Be complacent.
Be stubborn.
Be a copycat.
Be late.
Be delayed.
Be disappointing.
Be like OpenSea.
Gahd damn. @wemby didn't even have to jump. He just did a spin move without jumping & caught the alley oop and dunked it. Feet on the ground.
@Money23Green has a memory like an elephant though, he won't forget about this.
Elephant v Giraffe. LoL.
@claudeai@OpenAI My god. Nico's exit interview for 2023-24 Mavs season, aka, NBA Finals losing , 1-4.
He gave us - 20 minutes. LoL.
https://t.co/AvHvwH41u6
Presti, does a 2.5 to 3.5 hour, exit press conference every year. And he answers every single question, he engages in positive discussion w/the reporters.
LoL in 60 seconds, he basically showed why @okcthunder would've never traded for AD - they're playing Moneyball, analytics
Here is 2023-24, Sam Presti, exit interview. It was 2.5 hours. He has one of these every year, dating back to Thunder's first year, 2-4 hours each.
Nico was lazy, I bet he didn't even try use @claudeai or @OpenAI.
He looked at Luka, saw white. 💯✔️💯
https://t.co/RawXYjk7g3
@NBA I can tell u 100 percent, that this is not good. Not that I actually think the @NBA would be honest & do anything to hurt their brand.
But this isn't good.
https://t.co/zWx9ahYzYg
Futbol is better to play & to watch than football or basketball. 45 minutes, straight. A break. 45 minutes, maybe a few minutes of extra time.
No fucking commercials, except for at halftime.
American football - TV timeout, TV timeout, TV timeout.
Shit gets old.
@NBA Ben Simmons, 2016 1st pick, he played in 366 games from 2016 to 2025. He earned $160m+ total, or $446k per game. And he's only 29.
Nobody will sign him bc he's such an asshole, he wants to be paid more, as a veteran. So instead of a few million, he wants $10m-$15m a year. Greed
Real talk - Beasley v Stephenson.. more entertaining than the Anthony Davis led @dallasmavs.
We had the killer, Luka the don. The man bullied the Phoenix Suns, he destroyed Gobert. He not only put asses, in seats. His teams win & they made the playoffs.
This isn't a case of, we will never know who was, really responsible. We know who it was. We know that bc he was dumb enough, to hold a 14 minute press conference, where the reporters just let him go on & on & on.
The more he said,the more he revealed.
https://t.co/cpGP7wrqBZ
Shocking News: Nico told us he was responsible for the Luka-AD trade, at the Luka-AD, press conference back in February.
He never did a press conference, again.
Wen keeping it real, goes wrong. LoL.
https://t.co/ZyBNipxtD3
From Nico himself, he and Rob Pelinka had to keep the trade quiet, or else it wouldn't have worked. Sure, Dumont, okay'd it. But who came up with it & kept it hush-hush w/his friend of 20+ years Rob Pelinka? Nico.
Calling him a scapegoat is good ol boy network, type shit.