Solano: Entered crypto in 2017 with a $1,000 investment
Greg Solano · HIBT Lab! Bored Ape Yacht Club: Greg Solano and Wylie Aronow · Sep 1, 2022 · at 13:51
Yuga Labs co-founder Greg Solano describes his initial capital commitment when first entering cryptocurrency investing in 2017.
0:00 / 0:07exact quote · 7.3s
720p mp4 · rendered on demand · StarZero watermark
“A thousand dollars was, I think, what I put into the markets in 2017, which was like, you know, half my paycheck, so it was a pretty big deal.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Greg Solano
Solano: Granting users commercial IP ownership unlocks Disney-level affinity faster
“And I think what we found is that when you do that, you're really empowering creators and the hive mind and the network effects and all of the benefits that you get from that are so much more powerful. Like you get to Disney levels of empathy and belovedness f…”
Solano: Gaming Is Most Ripe for Web3 Disruption via Asset Ownership
“Really I think the vertical that we're most bullish in and that we think is most ripe for disruption is in the games industry, like we're talking about, where there's already single companies that are doing billions in digital assets that you know, are essenti…”
Solano: Bored Ape Yacht Club granted full commercial rights to token holders
“And so, and the other aspect that we baked in here was the idea that if you owned a Bored Ape and could prove that on the smart contract level, you had it in your Ethereum wallet, then you also had, by virtue of the terms, a full license to the commercial righ…”
Solano: Yuga Labs spent approximately $30,000 to launch Bored Ape Yacht Club
“And so I think at the end of the day, it was some, somewhere around like 30,000 dollars is what we ended up spending to do this.”