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
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You can also find this group chat in audio format as an episode on our new Everything Marketplaces podcast on Apple Podcasts and Spotify. You can also connect with marketplace founders & leaders from our group chats in the Everything Marketplaces community.