More venture capitalists are entering the NFT space. At the forefront are Doodles, BAYC, and Moonbirds, among others. During today’s conversation, Eric and Wil discuss the sometimes contested role of venture capital investment in NFT projects. Hear why the majority of people don’t like VCs entering the NFT space, and why ethos compatibility comes down to the parameters set by the founders of each Venture Capital firm. Eric and Wil discuss the importance of sourcing a value-add VC that will do more than just contribute funding, and acknowledge the role of VC in taking projects further than the community alone. Join us to hear more today!
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“The majority of people don’t really like VCs entering the NFT space or investing in their projects because they think that they’re not within their ethos. For me, I believe that this really comes down to the founders.” — @wilxlee [0:00:38]
Links Mentioned in Today’s Episode: