Opensea facilitated $14 billion transactions in 2021 and is the largest NFT trading platform. However, users often face platform liveness, high fees and collection censorship issues.

What if there was a decentralized alternative that could disrupt Opensea, just like Uniswap did to centralized trading exchanges? This week, founder of Sudoswap, Owen shares with us:

• What is Sudoswap?
• How does Sudoswap’s trading design compare to other NFT platforms?
• How is Sudoswap going to incentivize usage?

Host: Jason Choi @mrjasonchoi . Not financial advice.

 

------------ Timestamps -------------

(00:00:00) – Introduction

(00:01:07) – Owen's Background 

(00:05:24) – Reason for Building NFT Trading Platform

(00:06:51) – What is SudoSwap

(00:09:44) – How does AMM Work for Trading NFTs

(00:15:43) – Sudoswap’s AMM vs Other Existing NFT AMMs

(00:22:36) – Sudoswap’s Benefits for Users

(00:27:23) – User Incentivization Strategy & Sustainability

 

----------- Sponsors -------------

dYdX is the Leading Decentralized Exchange for trading perpetual contracts. Users enjoy low fees, deep liquidity, up to 20x more buying power and even earn $DYDX from trading. Trade on dYdX today at: https://trade.dydx.exchange

 

----------- More Resources ---------

Guest

0xmons’ Twitter: https://twitter.com/0xmons

Sudoswap's Twitter: https://twitter.com/sudoswap

Sudoswap's Website: https://www.sudoswap.xyz/

 

Blockcrunch

Blockcrunch VIP: https://www.theblockcrunch.com/vip

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

 

------------ Disclosures -------------

Disclaimer: The Blockcrunch Podcast is an educational podcast and newsletter for informational purposes only. The host invest in cryptoassets actively and may hold assets discussed in the newsletter or podcast. All content contained within this podcast is intended for educational purposes only and should not be construed as any form of financial advice. The Blockcrunch Podcast, its associates and affiliates are not liable for any decisions third parties choose to make.