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🎙️He Sold CryptoPunks For Top Shot | Carlini

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🎙️He Sold CryptoPunks For Top Shot | Carlini

This NFT vet holds 34x Derrick Rose legendary moments. And this is NOT his first crypto winter.

LG Doucet
Dec 19, 2022
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🎙️He Sold CryptoPunks For Top Shot | Carlini

thefirstmint.substack.com

What’s up everybody, it’s LG Doucet here.

The end of the year is a time for reflection, relaxation, and resolution.

A great way to start this process it to look back on where we were at this exact time in years past. Personally, a year ago I was working through the holidays, trying to make sense of a business that was less than a year old (was stressful).

In the broader world of NFTs, the 12th month has landed all over the spectrum:

December 2021: up only

December 2020: the space to pop off

December 2019: things are dead, don’t even bother

December 2018: we just crashed hard again

December 2017: what’s this weird new NFT thing

And its from that deep past that we pull today’s guest, Carlini.

The man is a legend in the space and part of the early CryptoKitties cohort (lucky!). He was one of the early buyers of NBA Top Shot back when things were slow and illiquid - to the point where he was able to buy 150x (!!) From The Top packs.

No, really. This pack guarantees you an MVP Moment.
These came out July 9, 2020, and Carlini bought 150x of them ($230 each) after selling off his CryptoPunks to raise funds.

And despite everything that’s happened the man marches on, now deep into building his own project, from which he takes no pay or salary (crazy guy).

The podcast today is not a deep dive; rather it’s an opportunity to hear from a veteran voice and look at the current state of affairs.

Highlights from this one:

The Early Days of NFTs
  • Why the early days of NFTs are like the early days of gaming

  • Why Carlini wasn’t surprised by the explosion of the space

  • Why everyone is “building”, but few actually are

His Collection
  • Why he has 34x Derrick Rose legendaries on Top Shot

  • How he sold all his CryptoPunks for the FromTheTop packs

  • How he’s owned over 100 different CryptoPunks (!!)

His Trading Decisions
  • How he avoids bad projects (hint: he doesn’t)

  • His “FOMO Dragon” mentality

  • Why Trump NFTs are a good thing

The Future of web3
  • Why the Twitter mob has little impact on where things go

  • How we need to trick people into the space, one Reddit NFT at a time

  • His biggest surprise of the last bull run

We giggle a lot in this one. Things heat up towards the 20-minute mark once we get over the nostalgia bit.

Enjoy.

Listen on Apple

Listen on Spotify


🚀 ICYMI: From MLB Player To NFT Artist | Micah Johnson

Need a feel good story to end the year?

Check out my pod with Micah Johnson, a guy who never picked up a paintbrush in his life until L.A. Dodgers manager Dave Roberts forced him to try a new hobby.

What I like about Micah is his brutal honesty. He didn’t mince words about the challenges he’s faced, and how hard it is to truly make it as an artist.

The podcast

Listen on Apple

Listen on Spotify


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**This is not financial advice. Nothing in this newsletter, podcast, or publication should be considered financial or trading advice of any kind. Please do your own thorough research and make your own trading decisions. This is not advice.”


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