SPICYEST
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
SPICYEST was a New York-based NFT-focused financial services firm, founded in January 2022 (legal name Placeholder Labs Inc., also known as Nautilus), that provided data and analytics to NFT projects at any stage of their lifecycle across Ethereum and Solana. It also acted as a market maker for NFTs, offering analytics and liquidity services to both enterprises and retail clients, on the thesis that NFTs could revolutionize how value is exchanged and ownership established in the digital realm. The company raised a $2.1 million pre-seed round in February 2022 led by Dragonfly, with angels including Balaji Srinivasan, Alex Masmej, and Andy Chorlian. No public record of a shutdown, acquisition, or failure event was found.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
SPICYEST was founded in New York in January 2022 by co-founder Liezl Puzon and team, as an NFT-focused financial services and analytics firm (legal name Placeholder Labs Inc.).
- $2.1M pre-seed round
The company raised $2.1 million in a pre-seed round in February 2022 led by Dragonfly, to build NFT data, analytics, and market-making services across Ethereum and Solana.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.