Chain Reaction

Moonbirds founder talks crypto crash and where NFTs go from here (with Kevin Rose)


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Welcome back, this week Lucas and Anita discuss turmoil and heartbreak in the crypto markets as Bitcoin and Ethereum get hit hard, a number of other popular tokens get crushed, and crypto-aligned public stocks like Coinbase and Robinhood see their share prices tank. What caused this bloodbath? Well, a major catalyst was the disastrous implosion of Terra’s Luna token as a result of ongoing stablecoin woes.

In their interview this week, Lucas and Anita chat with Kevin Rose. Kevin is a serial entrepreneur who founded Digg in the early 2000s and is now an investor at True Ventures and a co-founder of the Proof Collective. His startup recently raised $10 million from Seven Seven Six and launched its NFT project Moonbirds, which has quickly become one of the most popular NFT efforts out there. Listen along as we discuss the crypto crash and its fallout, and the challenges up ahead for NFTs.

Helpful links:
https://techcrunch.com/2022/05/10/bitcoins-backers-trying-to-turn-it-into-one-blockchain-to-rule-all-crypto/
11:09
https://techcrunch.com/2022/05/11/ust-founder-do-kwon-shares-plan-to-save-its-stablecoin-from-mass-destruction/
11:09
https://techcrunch.com/2022/05/11/terras-ust-crash-will-make-life-harder-for-crypto-as-regulation-looms/

Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters

Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

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Chain ReactionBy TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, Jacquelyn Melinek

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