Anjney Midha
👤 SpeakerAppearances Over Time
Podcast Appearances
And suddenly, we have more than $10 billion of GMV flowing through Discord buy, sell, trade channels.
And Jason and Stan are like, hey, brother, your job is to capture a piece of that pie.
Okay, homework accepted.
So we start doing a deep dive.
And we realized ultimately what these users need and pay for, like, so you have liquidity, right?
Ultimately, that's what a marketplace like eBay and Discord provide in sort of community commerce is liquidity.
But you cannot provide liquidity if you don't have physical verification.
And for Discord, that was just out of scope.
You know, use sneakers.
Yeah, you don't need any physical.
There's nothing physical to verify.
Yep.
Exactly.
And so we are bootstrapping the e-commerce platform at Discord with NFTs.
But, of course, everyone on the board is like, well, how long are NFTs going to last?
It's a fad.
So, Ange, what else is coming?
We go look at rare sneakers or keyboards.
like bands, all this stuff that nerds like me love.
But for those who need physical verification, and once we realize physical verification is out of scope, we nix the project.