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SPICYEST

The business, the turning points, and the decisions behind them.

Founded2022
FundingUS$12.1M
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

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. 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. $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.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.