Published on Aug 12, 2021 by Jon Alvarado
In this episode, Jon Alvarado & Brendan McShane of Deal Box Inc. are joined by Taylor Wallace of Total Network Services to discuss the Messi crypto deal, Oscar Mayer Doge-dogs, and Uniswap generated 1B in fees.
Episode 9 Google Slides:
PSG tokens give fans a right to vote on club-selected decisions. After Messi’s signing, the trade volume increased to $300M in 24 hours and has doubled in price. Fans can now invest in their teams financially as well as on the field. These tokens have been adopted by other soccer clubs as well.
Hacker took $610M worth of tokens from Polynetwork and has returned almost all the funds. After the hack, Polynetwork tracked what tokens the person took and blacklisted them so that they couldn’t be used on any major exchange.
They are called the Hot Doge Wieners and are being auctioned off on eBay. The trend of using Doge for market publicity and making headlines just continues. If you’re going to have a cook out this summer these are the hot dogs to buy.
Tory Lanez sold 1 million copies of his NFT album in 57 seconds. The NFTs were all sold for one dollar. Looking more into it, there was a preorder and the money cleared in 57 seconds. This also doesn’t mean 1 million people bought the NFT, it just means 1 million were purchased.
Uniswap is currently the highest generating fee protocol built on the Ethereum network. Axie Infinity is a close second, doing $308M in fees just in the past 30 days. Opensea has overtaken Uniswap in daily fees with $4.2M a day.
About Deal Box
Deal Box is frictionless, intelligent venture investing for the digital age. A specialty consulting firm focused on capital markets strategy, Deal Box utilizes both traditional and digital securities to enhance capital formation for early ventures and growth-stage companies. Through an industry leading Investment Packaging diligence process, Deal Box digitizes highly-vetted securities in private companies to redefine the ownership experience for retail and professional investors.
Founded in 2016, Deal Box was created to democratize venture capital. Through an institutional level approach to capital formation and best-in-class technology, Deal Box has packaged hundreds of early-to-mid stage companies, generating millions in both direct and syndicated investments over the last four years.