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Krishna Nandakumar
Krishna Nandakumar

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Mar 19

Decomposing the $APE coin drop

We’re going to focus on the strategy and motivation of issuing $APE. If you don’t know what this about, don’t worry — we’re going to take it from the top. The background The Bored Ape Yacht Club (BAYC) is a collection of 10k NFTs. Since launching in April 2021, the total…

Web 3

4 min read

Decomposing the $APE coin drop
Decomposing the $APE coin drop

Feb 14

Why some creators are against NFTs and how we can help them

The NFT market is estimated to be worth $80 billion by 2025. Creators will play a big role in this market. NFTs provide a bette mechanism for creators to monetise their content. The creator mints a set of NFTs for their community. The NFTs could be sold in a single…

Nft

5 min read

Why some creators are against NFTs and how we can help them
Why some creators are against NFTs and how we can help them

Feb 5

Content creators: monetise your content using tokens instead of fiat

The creator economy is worth $100 billion. Most creators monetise content using fiat money, but tokens are a better route. Here’s why. 3 ways for creator’s to monetise content One-time purchase: users pay a one-time fee to access content. This may or may not include ownership. Example: selling a Notion template on Gumroad. Recurring payments: users pay…

2 min read


Feb 4

5 ways in which the $80 billion NFT market will evolve

The market size for NFTs in 2022 is $35 billion, and it will grow to $80 billion by 2025 according to Jefferies. In January 2022, OpenSea sold $5 billion worth of NFTs. Here’s how I think the space will evolve. Niche marketplaces NFT marketplaces will cater to niches. Marketplaces like OpenSea and…

2 min read


Feb 4

How to gate your web3 community: options and considerations

Let’s talk about how to gate a web3 community. Community is web3’s biggest moat. There are many ways to gate your community, each with pros and cons. Let’s jump in. No gating Everyone is free to join. If your objective is to go far and wide, let anyone in. It’s inclusive but…

2 min read


Feb 2

$250m was stolen from Wormhole, a web3 protocol that allows cross-chain transfers

Someone stole $250m from Wormhole — here’s what you need to know. “…it’s always safer to hold Ethereum-native assets on Ethereum or Solana-native assets on Solana than it is to hold Ethereum-native assets on Solana or Solana-native assets on Ethereum.” — Vitalik, 5 January 2022 Wormhole lets you transfer value and information across blockchains. The protocol allows you to…

2 min read


Feb 1

India announced it’s plans to regulate crypto: here’s what you need to know

India is the largest democracy in the world with a thriving web3 ecosystem. WazirX’s, India’s largest crypto exchange, annual trading volume exceeded $43 billion in 2021 (1,735% growth YoY). The Indian government’s announcement was a welcome surprise to the web3 community — here are call outs. 30% tax on income…

2 min read


Jan 31

Crypto bans: what are they and why is it difficult to implement?

“I think we were past that point of banning Bitcoin in the US very early on because you’d have to shut down the internet.” — Hester Peirce, SEC Commissioner China, Egypt, Iraq and Qatar are amongst the countries that have announced a ban on cryptocurrency. …

2 min read


Jan 30

4 practical tips for growing a community effectively

A community can be a strategic moat for your business. In web3, your community can invest in your project by buying tokens. For many other businesses, an active community can help acquire users, retain them and gather insights for what to build next. Communities are becoming critical for most businesses. …

2 min read


Jan 29

A simple framework to evaluate DAOs

Let’s talk about a framework to evaluate DAOs. DAOs are everywhere. Using a standard framework to evaluate DAOs will help cut out the noise and let you focus. Find your mission If you want to contribute to a DAO actively, it’s important that the DAO’s mission resonates with you. …

2 min read

Krishna Nandakumar

Krishna Nandakumar

I write about web3 and product management.

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