The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Not checkable as stated
Devin Finzer: NFTs represent the first true property rights on the internet
“It's the first time that we have had property rights on the internet, right?”
Devin Finzer Jan 14, 2022 ▶ 6:53 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Supported
Devin Finzer: OpenSea volume jumped from $350M to $3.4B in one month
“There's a similar inflection point from like July to August of this year, where we went from about three hundred fifty million to 3.4 billion dollars of transaction volume.”
Devin Finzer Jan 14, 2022 ▶ 16:34 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Prediction Not checkable as stated
Devin Finzer: Experimental developers will crack the business model for open worlds
“But I think new games and new developers who are more experimental and kind of want to figure out what's the business model incentive structure that works, they will eventually crack this and eventually build Sort of these open worlds that I think could be rea…”
Devin Finzer Jan 14, 2022 ▶ 9:51 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Partly supported
Devin Finzer: OpenSea volume grew from $8M to $160M in three months
“So I think in January, we did about eight million dollars of transaction volume. In February, we did ninety five million in transaction volume. And then in March, it was like one hundred and sixty million.”
Devin Finzer Jan 14, 2022 ▶ 16:01 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Not checkable as stated
Devin Finzer: Short-term NFT profits mostly accrued to early crypto investors
“A lot of the people who have made the most money from NFTs are probably the people who are already made a lot of money from crypto, for example, right?”
Devin Finzer Jan 14, 2022 ▶ 24:12 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Supported
Devin Finzer: Traditional brands are building on Bored Ape Yacht Club IP
“Now what we're seeing with Bored Ape Yacht Club, which is another NFT project that's similar to CryptoPunks, and that there's only 10,000 of these kind of rare apes, right, is that traditional brands are starting to build interesting things on top of Bored Ape…”
Devin Finzer Jan 14, 2022 ▶ 27:35 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Prediction Not checkable as stated
Devin Finzer: Volatility across the Web3 tech stack hinders NFT application development
“I think there's a lot of, like, volatility up and down the technical stack, right? There's, like, underlying blockchains that are shifting around. There's, like, Wallet layers. There's just so many moving pieces that I could see, you know, some of those kind o…”
Devin Finzer Jan 14, 2022 ▶ 31:37 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Supported
OpenSea originally pitched Y Combinator on a decentralized Wi-Fi sharing network
“So the first idea that we had was building this decentralized marketplace for sharing internet bandwidth. And that was the idea that we got into Y Combinator with”
Devin Finzer Jan 14, 2022 ▶ 4:41 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Supported
Devin Finzer: Billions spent on Fortnite virtual clothing proves gaming NFT potential
“I think gaming is this really interesting natural fit for NFTs because people have been buying digital items online For quite some time now and spent, for example, billions of dollars buying virtual clothing and some, a game like Fortnite.”
Devin Finzer Jan 14, 2022 ▶ 8:06 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Supported
Devin Finzer: OpenSea operated with only six to seven people during takeoff
“We had like six to seven people, right? When, even when things started taking off, we were really small.”
Devin Finzer Jan 14, 2022 ▶ 14:33 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
Assertion Not checkable as stated
Devin Finzer: Customer support and platform reliability were OpenSea's main scaling bottlenecks
“I would say the two main ones are sort of customer support and relatedly trust and safety, so ensuring that people aren't selling fraudulent items, and then core platform.”
Devin Finzer Jan 14, 2022 ▶ 18:00 20VC: Opensea Founder, Devin Finzer on Scaling GMV from $150M to $3BN in 18 Months, How Brands and Celebrities Will Harness NFTs To Change Their Business, The Impact of NFTs on Gaming & What is in Devin's Metamask Wallet?!
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