What Does It Mean for an NFT Community to Get Acquired?

| 51:27

Episode Summary

When Meta Angels launched in 2021, it branded itself as an NFT community using web3 to "harness real world opportunities." In late 2022, Meta Angels was acquired by Hug, an NFT curation platform, and their respective communities merged. In this episode, Meta Angels co-founder Alex Cavoulacos discusses how a values-driven NFT project can be sustainable and what it's like for an NFT community to undergo a merger. As the current Head of Product at Hug, Alex also shares insights on scaling a web3 organization that is part platform, part product, and part community.

Episode Notes

When Meta Angels launched in 2021, it branded itself as an NFT community using web3 to "harness real world opportunities." In late 2022, Meta Angels was acquired by Hug, an NFT curation platform, and their respective communities merged. In this episode, Meta Angels co-founder Alex Cavoulacos discusses how a values-driven NFT project can be sustainable and what it's like for an NFT community to undergo a merger. As the current Head of Product at Hug, Alex also shares insights on scaling a web3 organization that is part platform, part product, and part community. 

DISCLAIMER

The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor.  Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.  

Show ContributorsAlex Cavoulacos