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NFTs and the Volatile Nature of Crypto

Apr 1, 2024

Sam Gellman, also known as NFT Statistics and punk9059, is a well-known figure in the NFT space. In 2023, he worked for Proof and hosted the Proof Daily Countdown show. After the recent acquisition of Proof and Moonbirds, Gellman joined the team at Memeland, reuniting with Ray Chan, a longtime acquaintance.

Gellman's journey into NFTs began in 2021 during the crypto mania when his tradfi friends introduced him to CryptoPunks. Initially hesitant, Gellman eventually delved deep into the world of NFTs, creating his own data sets around CryptoPunks and establishing himself as NFT Statistics.

Before entering the NFT space, Gellman worked at Goldman Sachs and Uber, where he played a key role in expanding the companies into various markets.

Reflecting on the cryptocurrency industry, Gellman views it as a highly volatile religion, with passionate believers advocating for its future while skeptics dismiss it as irrational.

In his new role at Memeland as the Chief Chart Officer, Gellman aims to enhance the company's global appeal and organizational structure.

Gellman appreciates founders like Ray from Memeland, Frank DeGods, Gordon Goner, and Matt and John from Larva Labs for their creativity and authenticity in the NFT space.

Regarding NFT investments, Gellman emphasizes the importance of having a clear strategy, knowing when to sell, and understanding the transient nature of the attention economy.

By following a structured approach to NFT investments and aligning with projects that have solid fundamentals, Gellman believes individuals can navigate the volatile landscape of NFTs and crypto successfully.

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