naterudichuk

6 ms·

1.
by naterudichuk 5y ago
Definitely, although I think a utility backed NFT could actually have some staying power. I am not so sure we would ever consider creating NFT's without the utility and branding behind the project.
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by naterudichuk 5y ago
Interesting, I see NFt's as a way to support a thesis or company project! We have the ability to release NFt's simultaneously to our product release so we figured It could be a great opportunity to do both together!
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by naterudichuk 5y ago
Definitely not easy, we are going to be building the community with our strategy starting this weekend. We are also not releasing an NFT until there is a community around the app. Good points though and definitely something I will think abo
4.
by naterudichuk 5y ago
Great points! I think rug pulls or outlandish concepts for NFTs are unfortunate for sure. We have a public beta and by the time the NFT drop is out, we will be fully launched, so at least there will be a project to showcase our work. We are
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by naterudichuk 5y ago
Also to clarify, there is no return on investment. We are basically showcasing the algorithm access as a cool feature of this collectible. From my understanding if we were to treat this as an investment that will increase in future value or
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by naterudichuk 5y ago
NFT is not tied to stock, the only long term value I see it providing users is access to information that our algorithm provides which will be tokenized so that a holder of our NFT can accumulate incrementally or spend tokens on information
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by naterudichuk 5y ago
Great point, we have thought about it too. We are getting a lawyer involved to overlook everything.
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Ask HN: Using NFT's to raise capital for a startup?
9 points by naterudichuk 5y ago|13 comments