This podcast episode delves into various topics in the NFT and crypto industry, covering key events and challenges. It explores the controversial Azuki Elemental drop and its impact on the NFT market, emphasizing the need for sustainable business models. The episode discusses the resurgence of NFT primary sales and highlights the importance of proper key management and insurance for crypto custodians, as evidenced by the collapses of Prime Trust and Fireblocks. It examines the emergence of Layer 3s in the blockchain industry and delves into the ongoing "rollup wars" within the Ethereum ecosystem, emphasizing the interplay between politics and technical capabilities. The episode also explores Polygon's journey and the concept of shared sequencers, highlighting potential benefits and challenges.