OpenSea Execs Talk Royalties, Plus the FTX Crash and More with Zeneca33 & Amber Vittoria | Overpriced JPEGs Recap #45

✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨ https://bankless.cc/jpegs  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/overpricedjpegs  ------ BANKLESS SPONSOR TOOLS: 🔐 LEDGER | NFT MARKETS https://bankless.cc/LedgerOP3N  😎 BUENO | CREATE NFTS WITHOUT CODE https://bankless.cc/Bueno  🔑 COINSHIFT | TREASURY MANAGEMENT https://bankless.cc/Coinshift  🌐 CRYPTEX | NFT EXPOSURE WITH JPEGZ https://bankless.cc/Cryptex  ------ Timestamps: 0:00 Intro 5:19 FTX Is Going Down: A Summary 18:36 LBC Is Now a Security 22:16 Opening Thoughts on Royalties 27:58 OpenSea Joins the Show! 29:17 Diving Into OpenSea's Royalty Announcement 33:39 What Does This Mean for New Creators? 38:12 Qualifying for OpenSea Royalties 40:14 Deciding Which Contracts Don't Receive Royalties 42:51 A Reply to Critiques of the Marketplace Fee 45:50 Initial Thoughts and Questions From Creators 50:18 What Motivated the Change? 54:21 Keeping the Policy "As Is" 58:14 How Permanent Is the New Policy? 1:01:57 The Consequences of Sounding "Wishy-Washy" 1:04:13 Mismanaging Expectations of Artists 1:08:03 Are Royalties Here to Stay? 1:11:16 The Spectrum of Options in the Future 1:14:05 Expecting the Best and Planning for the Worst 1:16:49 Outro ------ Resources: Amber Vittoria Twitter: https://twitter.com/amber_vittoria  Zeneca Twitter: https://twitter.com/Zeneca_33  Devin Finzer Twitter: https://twitter.com/dfinzer  Anne Fauvre-Willis: https://twitter.com/anniefauv  Latest OpenSea Announcement: https://twitter.com/opensea/status/1590466334814785537?s=20&t=PQuLNIhECP59RwbIzeJWAA  Binance v. FTX Story: https://twitter.com/alex_valaitis/status/1589711035132694528?s=20&t=8YryxwlkeN6DSnLhVVkKzg  LBC Story: https://www.reuters.com/legal/transactional/us-securities-regulators-win-case-against-crypto-company-lbry-2022-11-07/  ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures