Increased liquidity is causing a paradigm shift in NFT markets, Floor founders say

Organizations • May 1, 2023, 9:36AM EDT
The Block

Quick Take

  • As NFT floor prices and trading volume decline, Floor co-founders believe now is the time to shine for NFT projects with strong communities and practical utility.

Episode 42 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro, and Floor co-founders Christine Brown and Chris Maddern.

Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

NFT floor prices and trading volume are in decline. However, for NFT projects with strong communities, now is the time to stand out from the pack, according to Floor co-founders Christine Brown and Chris Maddern. Floor, which aims to be an 'everything app' for NFTs, raised $8 million from a Series A funding round in June of 2022.

In this episode, Brown and Maddern discuss how increased liquidity in NFT markets is accelerating price discovery and where value is accumulating in this new paradigm of NFT market structure.

This episode is brought to you by our sponsor CleanSpark.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.


© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Authors

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.
Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].

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