Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we are joined by Hanzo and Mob, the founders of Fungify. Fungify is a non-custodial NFT peer-to-contract marketplace and algorithmic lending protocol, allowing for instant NFT sales, immediate NFT-backed loans, and a yield-bearing NFT index token
Welcome to the 132nd episode of the Inside Crypto Podcast. This episode was recorded on February 1st, 2023. Hanzo and Mob join us to explain why the NFT space needs Fungify. How it allows anyone with the smallest amount of capital to get into NFTs and it allows NFT holders the opportunity to turn their NFTs liquid. There’s so much detail that you really have to listen to the entire episode.
Thanks, everyone for listening, and don’t forget to tune in next week when we interview Andrew Jacobson for our second Legal Lens episode examining all the legislation that is ongoing after everything that happened in 2022.
𝕋𝕚𝕞𝕖 ℂ𝕠𝕕𝕖𝕤:
0:00 - Intro
0:42 - Their Background
2:32 - Why Did You Get Into NFTs?
4:53 - What Are You Trying To Do With Fungify?
8:53 - How Do Pro-Rata Redemptions Work?
10:24 - Fractionalizing NFTs?
12:06 - Their Go-To-Market Strategy
13:19 - What About NFT Price Volatility?
15:17 - Community Curation
16:18 - Different User Roles
20:22 - Is The NFT Market Dying?
23:37 - Tips for NFT Creators
26:00 - Their Final Thoughts
27:20 - Outro