nba topshot

Research can makes so much difference in our outcomes.  Today, we walk through how to build a research framework. Due diligence is an undervalued art and a science. Done well, it’s simpler to select ideal partners and avoid bad ones. 

Tune in to this episode and we’ll share secrets on how to do research the right way, our test case is evaluating NFT projects with a couple examples including NBA Top Shot.   

What are you waiting for? Press that play button now!

Cover image by Alessandro Bianchi on Unsplash

Highlights:

[3:35] Why we need research?

[6:35] The Importance of Having a Research Framework

[8:02]  The components: Team, Artwork, Utility, Media, Business Community, Bias

[8:40]  The Team: Investing in great builders. 

[10:15] Artwork: You have to visually enjoy what you buy.

[10:51] Artwork brings people in and Utility keeps them from selling.

[13:05] Doing detective work and look at website, twitter and discord properties to find the dirt. 

[15:15] Business Capital: The power of VCs and celebrity and what to watch out for. 

[17:04] Research yourself and your own bias. 

[19:50] NBA Top Shot: Our evaluation using the Research Framework 

[23:37] Parallel NFT: Our Evaluation using the Research Framework

Links:

Parallel NFT: https://parallel.life/

NBA Top Shot: https://nbatopshot.com/

Meltem Demirors: https://www.meltemdemirors.com/

Paradigm’s $500 million investment into Parallel NFT https://techcrunch.com/2021/10/21/nft-sci-fi-card-game-parallel-raises-at-500m-valuation-from-paradigm/

If you’ve been on Twitter or read any news about the world of crypto in the last 6 months, you’ve probably heard of NFTs, or non-fungible tokens. At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, real estate, in-game items, music, or videos. Some of the most popular NFT projects include CryptoPunks, Art Blocks, Bored Ape Yacht Club and CryptoKitties, with more and more launching every day.

In this episode, we sit down with Roham Gharegozlou. He’s the founder and CEO of Dapper Labs, the team behind CryptoKitties, Cheese Wizards, NBA Top Shot, Flow Blockchain, and more, and an early pioneer of the NFT movement. Formed in February 2018, Dapper Labs was spun out of Axiom Zen, a venture studio that Roham launched, to bring the benefits of decentralization to the first billion consumers through the power of play, fairness and true ownership. The company recently raised a funding round of $250 million at a $7.6 billion valuation.

We covered a ton of topics including Roham’s upbringing and early career, how he fell into crypto and NFTs, why he created CryptoKitties, his vision for the future, and much more.

SUBSCRIBE TO OUR NEWSLETTER & STAY UPDATED > http://bit.ly/tfh-newsletter

FOLLOW TFH ON INSTAGRAM > http://www.instagram.com/thefounderhour

FOLLOW TFH ON TWITTER > http://www.twitter.com/thefounderhour

INTERESTED IN BECOMING A SPONSOR? EMAIL US > partnerships@thefounderhour.com