Non-fungible tokens (NFTs) are tokens that we can use to represent ownership of unique items. They let us tokenize things like art, collectibles, even real estate. They can only have one official owner at a time and they're secured by the Ethereum blockchain. And they have taken the crypto space by storm is recent months. Showtime is a NFT social media network where creators & collectors showcase their digital art. It reads all marketplaces and instead of buying and selling, you can comment, share and like. It's been described as the Instagram for NFTs.

We were joined by Alex Masmej, Co-founder and CEO of Showtime, to chat about why he got into NFTs and in particular crypto art, how Showtime works and its purpose, and the future of the platform.

Topics covered in this episode:

Alex's background and how he got into crypto
The story behind the $ALEX token
Uncollateralized lending and why it's important
The vision for Showtime
Alex's views on the NFT craze
What is the open social graph
Why Alex chose to focus on crypto art
How Showtime compares to similar platforms like Opensea and Zora
The Showtime business model, funding sources, and 5 year plan

Episode links:

Sponsors:

ParaSwap: ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage - http://paraswap.io/epicenter
Solana: Solana is the high performance blockchain supporting over 50k transactions per second to power the next generation of decentralized applications. - https://solana.com/epicenter
Exodus: Exodus the easy-to-use crypto wallet available on all platforms and supporting over 100 different assets. - https://exodus.com/epicenter

This episode is hosted by Sebastien Couture & Sunny Aggarwal. Show notes and listening options: epicenter.tv/394

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