While the PROOF travel team prepares for the last leg of its EU roadshow tour, NFTstatistics bravely takes the wheel in this conversation with Ray Chan of 9GAG and Memeland fame. Here, we get a closer look at Memeland's ecosystem, upcoming projects (like Captainz), and how the lessons of a Web2 past help pave the way to a Web3 future.
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NOTES
- [00:13] Who is Ray Chan (and where the heck is Kevin)?
- [02:40] The origins of 9GAG.
- [04:47] What has made 9GAG stand out from its competitors?
- [05:56] Why Ray and his team decided to expand into Web3 with Memeland.
- [07:19] Ray's first NFT purchases.
- [08:24] What makes communities do well in the NFT space?
- [09:38] Applying Web2 lessons learned to Web3.
- [14:49] Adapting when the timing of a launch doesn't go as planned.
- [16:45] MVP.
- [17:51] The benefits of stashing a treasury in NFTs.
- [18:58] Community rewards.
- [25:10] Is Memeland (and its social media) run by the same team as 9GAG?
- [27:41] Being a cartographer in the early NFT space.
- [30:14] Lessons learned since launch.
- [31:50] Perk tiers and project connections.
- [37:04] What can we expect from Captainz?
- [38:51] Viewing NFTs as shares in a company.
- [40:48] What can we expect from Holders.com?
- [47:54] Running a Web2 business vs. running a Web3 business.
- [50:10] The conflict between shareholders and NFT holders.
- [53:05] Differences between Asian and American NFT holders.
- [54:28] Does "done is better than perfect" apply to NFT projects?
- [58:27] Royalties.
- [1:06:45] Dos and dont's for traditional companies entering the NFT space.
- [1:09:55] How Ray paid to learn about NFTs.
- [1:10:43] The factors that determine which projects Ray buys into.
- [1:13:35] The advantages of entering Web3 with an established company.
- [1:17:34] More like navigating the high seas than following a road map.
- [1:18:48] Why brilliant creatives may find their audience resistant to NFTs.
- [1:21:09] What Ray sees for 9GAG and Memeland five years into the future.
- [1:22:04] When will Captainz launch?
- [1:22:54] Who will have access to the Captainz mint?
- [1:27:39] Parting thoughts.
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