Hi, we’ve just got our first term sheet from a VC.If we sign, they’ll be our first institutional investors. The term has both valuation cap & discount - is this used frequently?The YC standard SAFE only has a valuation cap or a discount. I wonder if the term we’re getting is not the industry norm.If not, would it be better to push to remove the discount, which means we might have to settle...
But then again, I guess we should have coded it safely in the first place and let people feel comfortable with the openness.
One possible solution may be going through some auditing and uploading it afterwards - I wonder if you could perhaps take a quick look and teach us what could be improved?
Thanks for the suggestion though and I'll definitely discuss this with my colleagues.
Hi, we are a small startup that just launched an NFT marketplace for YouTube videos (I'd rather not mention its name here so not to seem like a blatant PR)NFT space is really early and I know there's a lot of work to be done. Or there might be just too many problems so we're lost where to begin with!Could you share your experiences with NFTs, other marketplaces(e.g. opensea, nifty gateway etc)...
MintClip is a desktop app that helps people buy and sell YouTube NFT's with URL links.
We built MintClip because our team has a background in K-pop community apps, and have seen fans craving for 1-to-1 personal interactions with artists. We're trying out this new idea that artists/creators should easily be able to gift(or sell) their contents already existing on various social media by "autographing" them - imagine a LeBron-autographed jersey for videos.
To buy an NFT of your favorite YouTube videos(it could be a music video by your favorite singer, a viral meme, or else), all you have to do is copy&paste the video's URL in the search box and make an offer with MetaMask(=Ethereum wallet).
I'm really excited to share that our desktop app is now live after months of hard work.
We'd love any support or feedback! You can reach us at [email protected] if you have further questions :)
Thanks, everyone.