This NFT project showcases investor rejection letters...and its pitch is kind of genius
Need a pallet cleanser after reading that DAO thread?
(We know you read it).
Seattle based entrepreneur, Rebekah Bastian, has collected a bunch of investment rejection letters from a range of founders and minted them as NFTs.
The primary goal of the project, according to Rebekah, is to:
“Provide transparency and solidarity about the painfully-common experience of receiving a rejection letter from an investor you really wanted to work with”
The prices of each letter are set by the founders that received them, varying from $65 to $650 - and all proceeds go back to them.
Which is all well and good, but here's the cool part:
Each NFT purchase comes with 'un-lockable content,' which in this case, is the name of the founder and the startup.
Bastian pitched it like this:
“Imagine owning on-chain proof of an investor that thought Uber, Bumble or Canva weren’t a good bet.”
Ha! Solid hook.
This gets ten molto bene's and a chef's kiss.