Why Richerd Rejected a $10M Offer for His CryptoPunk

This week, we’re excited to welcome Richerd Chan, the co-founder of Manifold.xyz, a leading studio that creates blockchain products and custom smart contracts for artists. In October, Richerd made headlines when he displayed his diamond hands and turned down a nearly $10 million offer for his CryptoPunk #6046. “My punk is not for sale,” he tweeted at the time. “Don’t care what anyone offers me.”In this episode, we cover:- Why he rejected the offer of 2,500 ETH for his CryptoPunk- What a smart contract is and why they’re important in the NFT space- Why artists and projects need custom smart contracts, and the innovation and utility they can unlock.- The origin story and mission of Manifold- How Richerd decides who to partner with on projects, and his favorite projects- How his open-source Royalty Registry can help solve the cross-platform secondary sales issue- The most exciting potential use cases for custom smart contracts- And much more!To sign up for the nft now newsletter, where we break down the NFT market into actionable insights each week, go to: https://www.nftnow.comTo follow Richerd on Twitter, go here: https://twitter.com/richerdTo follow Manifold on Twitter, go here: https://twitter.com/manifoldxyz Hosted on Acast. See acast.com/privacy for more information.