Origins

[Origins @OriginsNFT]

@_gaarping ❤️

[Origins @OriginsNFT]

With a heavy heart, we have made the incredibly difficult decision to sunset Origins’ operations, including our trading software and Discord server, starting Friday, June 30th.

In mid-2021, we bootstrapped a community to serve as a forum for like-minded data-driven individuals to join, learn, collaborate and become better traders in the NFT space. Through the support of our amazing investors, we managed to raise capital to build a suite of trading tools to further advance the space by distilling on- and off-chain data into insightful analytics to help surface signal from the noise.

The unfortunate reality is that, despite our best efforts at building and iterating on multiple, sustainable, revenue-generating products geared toward both B2C and B2B customers, we’re nowhere close to covering our technical infrastructure and overhead costs, both of which are very significant.

Though optimistic about the future of Web3 data and analytics, we believe the current state of the market, along with the commoditization of on-chain tooling, a declining TAM, and tepid VC sentiment toward this space have made raising incremental rounds of funding an insurmountable challenge for early-stage Web3 startups like ours, leaving us with few options.

We are eternally grateful of our incredible team of engineers, designers, analysts, and community managers – past and present – each of whom we aim to support in their search for new opportunities. They are brilliant pioneers who left behind their “Web2 day jobs” to join our team and help us realize our vision, and they will undoubtedly go on to build great things. We couldn’t thank them enough and welcome those of you with teams or portfolio companies in need of strong talent to reach out to us via DM so that we can connect you. We also want to thank the loyal members of our vibrant community and investors for their early and continued support.

As we reflect on the last two years and look toward the future, we wish the absolute best for those who continue showing up each day to innovate and raise the bar across Web3. It certainly isn’t for the faint of heart, but if this space is to have staying power, we will need to support each other and remain optimistic when prospects feel most bleak.

[Origins @OriginsNFT]

@Yahav_sats ❤️

[Origins @OriginsNFT]

@jeffalomaniac @jumpmanft ❤️

[Origins @OriginsNFT]

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https://t.co/k6tMDwsX3m

[Origins @OriginsNFT]

Are you keeping abreast of the upcoming pivotal dates?

The following covers imminent key events impacting the NFT market.

@drallefs reports.🧵(1/17)

[Origins @OriginsNFT]

Are you keeping abreast of the upcoming pivotal dates?

The following covers imminent key events impacting the NFT market.

@drallefs reports.🧵(1/17)

[Origins @OriginsNFT]

TL;DR

- Market sentiment cools as The Fed is likely to stay “higher for longer”
- US economic slowdown still raises questions of equities in 2H 2023.
- Risk-off environment implies cont. low volume for NFTs.

/17