EM Group Chat #141: Building & Scaling Nifty Gateway With Duncan Cock Foster

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Duncan Cock Foster

Recording of the Everything Marketplaces Group Chat #141 (9/19) with Duncan Cock Foster, who was previously the Co-founder of Nifty Gateway. Nifty Gateway was one of the first NFT art marketplaces that went on to become one of the largest, paying out over $500M+ to artists. Nifty Gateway was notably acquired by Gemini in 2019, where Duncan continued to lead it up until more recently.

0:06 Intro
1:09 Duncan's background
8:12 Starting Nifty Gateway & some of the initial challenges
13:36 How Nifty Gateway onboarded artists to their marketplace
15:55 The marketplace mechanics with drops & secondary sales
20:02 How Nifty Gateway enabled artist royalties for secondary sales
22:59 How Nifty Gateway experienced 100x growth during the rise of NFT's
26:42 How network effects played out with Nifty Gateway
29:39 Moats with crypto & NFT marketplaces
34:36 Tips for founders building in crypto & the NFT space today
36:40 Group Q&A on the marketplace strategy to curate supply
40:46 Group Q&A on the role NFT's might play with creators
46:07 Group Q&A on innovation & use cases for NFT's
49:12 Duncan's new marketplace project

Duncan on Twitter: https://www.twitter.com/dccockfoster
Nifty Gateway: https://www.niftygateway.com

Connect with Duncan in the Everything Marketplaces community.