Call Notes
Chad.Sui
7 years in the crypto space, well known for building a centralized exchange in 2020 that gained traction but failed, worked for a DEX in 2021 and recently worked with Luminous Capital
Passionate about the combination of DeFi and NFTs
An advisor to companies like nftperp and Spice Finance
Quit his job a few weeks ago to build his own company on the Sui blockchain, STARSPACE - an NFT marketplace
Aptos, Sui Overview
Besides Aptos, there hasn’t been much activity on airdrops and less minting activity
Aptos became the first NFT ecosystem with strong support from the online community right from day one, many people got up to $1,500, easily claimable from the airdrop
Ecosystems like Aptos and Sui are taking advantage of the high initial support and turning it into a sort of initial liquidity
On the infrastructure, Aptos has made the basic NFT standard as exhibited by the ERC-721 type contract
Sui is pushing the NFT space forward compared to what Aptos has already established
Besides a unique approach to NFTs, Sui is still in its early stages and has impressive works
Aptos has progressed to the mainnet stage, the flexibility and reliability of these ecosystems that make them different
Sui has kept an eye on the pitfalls of Aptos and is building solutions to prevent them on Sui, such as Aptos’ ambiguity in its tokenomics
What about STARSPACE?
In the coming weeks, they are focused on raising after hitting the MVP a few weeks ago and looking to hire people
Will be giving users a better view of what protocols like Sui are building and the potential of NFTs
Final Thoughts
NFTs are scaling in size. There are evident trends toward bringing in more size, especially with the newer platforms in the beta and testing stage like Blur
Ethereum and Solana have a collection model that creates a liquidity pool where bid and ask operation models could be implemented
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NFTs, Aptos/Sui, & Venture Capital