The Chopping Block: Did Blur Cause a Decline in the NFT Market? - Ep. 567

Published: Nov. 9, 2023, noon

Welcome to The Chopping Block \u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, they explore the enigmatic 'unhinged scale' metric, consider whether recent layoffs could have been anticipated, and examine the challenges facing the NFT market. They also provide a somewhat critical look at the events of the recent BAYC Apefest and share their takeaways on how Solana survived the Sam Bankman-Fried and FTX fiasco.\xa0\n\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\n\nShow highlights:\xa0\n\nWhat the unhinged scale metric is and why SBF ranks the highest in that metric\n\nWhether the companies doing layoffs could have predicted the market moves in a better way\n\nWhether people and the press are being too harsh on the companies reducing their workforce\n\nHow the NFT market is a much harder environment than everything else, given the extreme volatility\n\nWhether the model used by Blur caused the value of NFTs to go down\n\nWhat\u2019s more important in the NFT market: the supply or the demand\n\nThe BAYC \u2018Apefest\u2019 that caused eye damage to some participants and whether someone sabotaged the meetup\n\nTarun\u2019s takeaways from the recent Solana conference in Amsterdam\n\nWhether the people who survived the Solana market crash are like \u2018cockroaches after a explosion\u2019\n\nWhy Haseeb believes that Solana represents the most incredible story in the history of Layer 1s\n\nWhether crypto gaming studios should focus on building \u2018dumber\u2019 games rather than AAA ones\n\nWhy \u201cnature is a Ponzi scheme,\u201d according to Tarun\n\nHosts\n\n\nHaseeb Qureshi, managing partner at Dragonfly\xa0\n\n\nRobert Leshner, founder of Compound\n\n\nTom Schmidt, general partner at Dragonfly\xa0\n\n\nTarun Chitra, managing partner at Robot Ventures\n\n\nDisclosures\nLinks\n\nPrevious episodes of Unchained and The Chopping Block debating NFT Royalties:\n\nThe Chopping Block: Two on Two Debate: NFT Royalty Throwdown!\n\nAre NFT Royalties the Way? How to Build a Sustainable Creator Economy\n\nDecrypt:\xa0\n\nAva Labs Confirms Layoffs, Affecting 12% of Avalanche Studio's Employees\n\nDid Blur Really Crash the NFT Market?\n\nCryptotimes.io: Blur Jumps Nearly 30% Within Days While OpenSea Layoffs\n\n\nCointelegraph: OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices