Jack Liu
On 1 show, 1 appearance. The Shows tab opens the full record on each.
1shows
1appearances
22statements
6resolved
4supported
1contradicted
67%fully supported
Everything Jack Liu said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Liu in May 2022: FTX founder Sam Bankman-Fried is an absolute monster
“Well, I used to work at FTX. I think the founder there, Sam Bakeman Freed is a, is an absolute monster.”
Liu: Magic Eden became world's second-largest NFT marketplace in seven months
“We started magic Eden seven months ago in that time we've become the second largest NFT marketplace in the world.”
Liu: Magic Eden Reached $1B Cumulative GMV in 4–5 Months
“And we're the fastest marketplace to reach cumulatively a billion dollars in GMB traded. So we did that in around four or five months.”
Liu: Magic Eden on track for $400M–$500M NFT volume this month
“So this month we're about to trade around four, five, four to five hundred million dollars of NFTs. On a marketplace.”
Liu: NFT marketplaces combine exchange economics with consumer marketplace software
“And if you step back and think about it, an NFT marketplace, the business model is really like a crypto exchange, right? But the features, the software that you build looks really like a consumer marketplace.”
Liu: Magic Eden split equity equally among its four founders
“No, it's a, it's an equity thing. Pretty vanilla, but yeah, like equal split, you know, I think.”
Liu: Magic Eden commands 90% to 95% of Solana NFT volume
“We've been consistently around 90 to 95% market share of the Solana blockchain of all NFTs traded on Solana for the past two, three months or so.”
Liu: NFT market growth comes from creators' use cases, not underlying blockchains
“Growth doesn't necessarily start with the chain, right? It's the creators who create use cases for NFTs, and those use cases pull in new users. Chain is just a technology, just like an operating system on which it lives.”
Liu: Magic Eden plans to invest deeply in Web3 game developers
“The category that we're super bullish on going forward and we want to invest deeply in this gaming, right? In-game assets, in-game purchases, that's been a tried and tested business model for a decade for the gaming industry and users that are very tech savvy …”
Liu: Profile picture NFTs act as digital status symbols like Rolexes
“And in a way it's your internet version of, I don't know, like a Rolex or something or like a Nike bag. It's your personal branding on the internet.”
Liu: Many NFT projects cut corners with paid influencer marketing
“There's a lot of NFT projects, which try to you know, cut a lot of corners, right? Basically they'll pay a bunch of influencers, get some juice up some marketing, but there is no real organic interest from the community in the collection.”
Liu: Magic Eden will philosophically never merge with another company
“I think philosophically we'll never merge.”
Liu: Magic Eden Generates 70% to 80% of Revenue From Secondaries
“Launchpad is a little more spiky. I would say it's around 20, 80, so, or 30, 70. So 20% launchpad, 80% secondaries, or sometimes it goes up to 30, 70.”
Solana Foundation invested in Magic Eden's Series A round
“Solana Foundation, we've been in contact with from day one effectively. You know, very, ah, you know, very privileged for them to have been out as an investor in our Series A as well.”
Magic Eden charges a 2% marketplace take rate on GMV
“Right now we click two percent of the transaction volume.”
Magic Eden raised a $2.5M seed round in October 2021
“October last year, two and a half mil seed round.”
Liu: OK Bears succeeded through six months of grassroots community building
“And what the okay best team did extraordinarily well was they did a lot of super organic grassroots community building to build interest in their project over six months.”
Liu: Magic Eden averages around 30,000 unique daily active traders
“In general, we see around 30,000 unique traders every day.”
Liu: One-third of Magic Eden's business team are former NFT creators
“So on the business side, we're proud to say around a third of our team former NFT artists or former NFT collection creators”
One line per show, most statements first. The link opens Jack's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 TOP FOUNDERSLEDGER | 1 | 22 | 67% 4/6 | full record on Top Founders → |