Floor is Rising Floor is Rising Podcast

The Founders of https://twitter.com/lasso_labs
https://twitter.com/nnhafrey
and Karthik Thiyagarajan
talk about the NFT search engine they built.
Summary
How did you get into NFTs?
0:00
Combining NFT data silos seamlessly to power new use cases.
4:26
Non-speculative use cases of NFTs.
9:39
Crypto-native games.
15:07
How Lassolabs index NFT data.
19:27
Learnings from early product feedback from users.
25:24
Utility as a proxy for NFT community health.
30:08

Timestamps;
How Spencer got involved with Crypto Kitties in Asia?
2:27
What’s unique about the asian market in the NFT space?
5:00
The current landscape of the NFT trading market.
11:22
What does the future of NFT trading marketplaces look like?
20:49
How are NFT AMMs superior to regular NFT marketplaces.
23:41
New usecases for NFT AMMs specifically for NFT projects in bootstrapping liquidity.
27:04
Collection.xyz how does it work?
33:44
Links
https://twitter.com/spenceryang
https://twitter.com/collectionweb3

Boffin talks about how NFTs is an emotionally loaded term, and that many people would buy NFTs if they were not called that.
Boffin talks his theory of why reddit NFTs will accrue value, and the longer the collectible lasts, the more people get on board, the oldest ones will be worth the most.
Boffin says the earliest people have the best handles on twitter, and that they can use flex to stand out.
Boffin says that Reddit NFTs is a pretty big bet personally for him on the long term future of them.
Boffin talks about how the product decisions of the Reddit team have an impact on the future value of Reddit NFTs and how much they want to support the project.
Boffin says owning the collectible avatars makes owners financially invested in reddit making good product decisions going forward. Boffin mentions the governance stack they’ve built on Arbitrum.
Boffin talks about how he evaluates projects in general and talks about how to predict if a narrative will take off. Boffin talks about various narratives that he thought would take off but hasn't including Cool Cats. It has been directionless and the floor of the cool cats community has dropped.
Boffin discusses the narrative of Squiggles as another example of a narrative that didn't take off like he thought.
Boffin discusses his favourite nfts and says he like buying from small artists.
Timestamps
How he got into crypto in 2013. 1:33
The amount of capital he’s spent on reddit NFTs. 7:41
How to stand out in a digital world. 16:58

How much does reddit want to continue to support NFTs? 22:50

How traits work in Reddit NFTs - 25:56

NFT thesis that didn’t work out. 32:46

Coolcats, an example of a narrative that didn’t take off. 39:09

What is your favourite NTFT and why? - 43:30


Links;

https://twitter.com/NinjaBoffin/status/1585626484731174912

https://twitter.com/NinjaBoffin/

Episode Show Notes
Conor Moore discusses the two schools of thought on NFT lending markets, the peer to peer market vs the peer to pool market. And the various pros and cons of each approach. Conor Moore talks about how the inspiration for Metastreet vaults was to take the benefits of peer to pool and overlay that behind the peer to peer market.
David Choi discusses Powersweep, an integration to increase captive use case for the vaults. David Choi notes that early on, users of the vaults were doing a positive carry trade because of the low cost of capital. That use case disappeared with the bear market onset. Now, they are pioneering use cases around leveraged NFT trading.
Conor Moore talks about the how the leveraged purchase of NFTs is similar to real world examples of leveraged purchases such as real estate. David Choi notes that he didn't like the trad art lending markets because it’s slimy, fascinated by cash flow generating NFTs. David Choi talks about his vision for what Metastreet is building.
David Choi discusses the Metaverse Economic Forum (MEF) and notes that their goal is to bring builders together into a more cohesive community to create the capital markets of the metaverse.
David Choi and Conor Moore talk about what their favourite NFTs are.
Timestamps
The bad and the good of peer-to-peer lending markets. 6:06
What is the use case for NFT lending? 11:17
What are the differences between how people use borrowed funds in the art lending market vs. NFT lending? 16:12
What is the non-recourse art lending industry?
19:43
Do you think that a completely different demographic of people needs to come in order for NFTs to go "mainstream"?
25:15
What’s the future of capital markets in the metaverse?
29:34
Liquidity and price discovery in the metaverse.
37:41
Links
https://metastreet.xyz/
https://mobile.twitter.com/_conormoore
https://twitter.com/ktkzergs

If you’re interested in the Web3 gaming space then today’s episode is for you! We’ll be unpacking where Web3 gaming is currently at, the trends we’ve been noticing, and what developments we expect to see from this field going forward. Here to help us unpack this topic is special guest, Kepler, a builder, and writer who specializes in crypto and the Web3 gaming space. Tuning in you’ll hear us discuss the state of Web3 gaming, the role that speculation plays in feeding this ecosystem, and how these games are succeeding (and failing) at creating new genres and formats. Our conversation covers some of the challenges that Web3 gaming is currently facing, including how to support both investors and gamers, and what it means to create an infrastructure that accommodates a range of risk profiles. We also discuss the concept of social innovation in gaming, how Web3 is facilitating it, and what some of our favourite Web3 games.
Key Points From This Episode:
Get to know today’s guest, Kepler, and how he got into the Web3 gaming space.Top takeaways from the recent article that Kepler wrote on Web3 gaming.Kepler’s thoughts on the future of Web3 gaming and how to limit speculation.The potential for people to play Web3 games for fun, and not just with an earning mindset.An overview of battle royale games and how they are significant to Web3 gaming.The potential role that esports and streamers could play in Web3 gaming.A breakdown of the analogy that compares Web3 games to nightclubs.How to create a Web3 game that accommodates a range of players.Why Web3 games should have the option of playing with different risk profiles.The concept of permadeath and how it affects your gaming experience.The difficult decision many Web3 games are facing when it comes to prioritizing their investors or their gamers.The new genres and functionalities that crypto and Web3 gaming could potentially offer.How Web3 gameplay is paving the way for social innovation.Why developers need to understand what different players are motivated by.The benefits of giving people the opportunity to explore all your gaming features.The real reasons why NFT and Web3 gaming has grown so quickly.Learn what Kepler’s favourite Web3 game of the moment is!
Tweetables:

“When you open the economy to everyone, even players that are not inside the game, and you allow for trading, you also open it up to speculation. And that can basically destroy your whole game.” — Kepler

“You probably shouldn't make every asset into an NFT. Because it just becomes way harder for you to control the economy.”

“Crypto is basically risky. So what you could do is have players self-select a risk profile. So when you're looking at an esports game, some people just want to play the game, and others want to play wager matches. So that's much higher risk.”

“At one point, mobile games got a template and then everyone did it. There's nothing like that in Web3 gaming, for now. But I think that's also the interesting part of it because we're in the exploration phase and not the exploitation phase of ideas.” 

Links Mentioned in Today’s Episode:
Floor Is Rising

Ever wondered how different the world of NFTs is in Japan? Well, today we are lucky enough to be joined by two great guests, Takuya Kitagawa and AT, to give us some real, first-hand insight into the overlaps and contrasts that are happening with regard to the burgeoning scene. We have a great conversation unpacking some basics about our guests' entry into the NFT space, and what initially drew them in. From there we look at the major hallmarks of what is popular right now in Japan, and how this compares to the rest of the world, before talking about important aspects of the field such as influencer and celebrity marketing. Takuya and AT then spend some time illuminating the inner workings of Nannda, and some more general thoughts on game design, and we finish off our chat by considering which types of games appeal to different Japanese demographics and why. Join us to hear it all!
Key Points From This Episode:
Our guests' paths into working in the NFT space, and their initial excitement about it.Insight into the state of the Japanese scene right now. Thoughts on the current NFT projects that are having success in Japan. Contextualising differences in the Japanese market and some reasons for popularity.Influencer marketing of NFTs and the main drives for demand.  The culture of big celebrity endorsement for brands and how this figures into the NFT landscape. Barriers to entry that are influencing the Japanese market right now. Comparing the mechanism at Nannda to other examples of play-to-earn. Risk and reward in the two different approaches to game design.  The importance of the social dimension to games to increase engagement and difficulty. Japanese audiences' attitudes towards different types of games.  Favourite NFT picks from Takuya and AT! 
Tweetables:
“Influencer marketing itself is big in Japan, YouTubers are big, TikTokers are big. But this actually hasn't come to the NFT world yet.”
“Japanese audiences play any kind of game, individual oriented game or a social game. Either way works. If it is a more individual game, you typically have to do more campaigns.”
“When I see the Nouns community evolving really well, I get really excited, seeing that maybe that is the future of NFTs.” 
Links Mentioned in Today’s Episode:
AT
Takuya Kitagawa on Twitter
Floor Is Rising