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Cryptokitties), but we see a world where there are millions of interesting NFT-based

the category will emerge with significant fragmentation. Cryptokitties was the first

Defensibility of the exchange: Unlike Coinbase, which has a regulatory moat, there's not nearly as much defensibility when it comes to NFT-exchange. It’s likely more competitors will enter and we’ll need to figure out how to build a sustainable long-term moat.

projects and a strong need for an aggregator to provide discovery and easy buy/sell functionality for users.

The product solves a clear need for the crypto community right now: how do you discover and buy/sell NFTs. In a category that is 4 months old, there is a long way to go improving the product and a lot of different directions to take the product in the future, but the product solves a

NFT-based project to gain mindshare (and right now 95%+ of the market volume is

We’re on the precipice of a massive boom in non-fungible tokens (NFTs) and