4min chapter

Pardon My Take cover image

Will Compton & Taylor Lewan In Studio, Bruins Collapse, Steph's 50 Burger And NFL Draft Recap

Pardon My Take

CHAPTER

The Bullshits of the NFL Draft

There was a, he also included a Fox Sports poll that said grade the pick, Eagle select Jalen Hertz and second round pick 53. It was 47% voted in F. So any, any draft, instant reaction from the draft means nothing. The people that are making these mock drafts are not NFLGMs for a reason because they're not that good at it. And so they're giving out awards based on how stupidly they would perform at the draft. Everyone's just jacking themselves off.

00:00
Speaker 3
Because, you know, actually in a similar
Speaker 1
way to the design community, but without
Speaker 3
the consequences, it allows experimentation in a 3D, a massive environment without having to
Speaker 1
take any kind of real life risk, design risk or medical risk. Right. So that value could come from its utility for educational purposes,
Speaker 3
for medical purposes, for design purposes. But I guess the kind of the value, much in the same way as real life, right? Like the value doesn't come because it's valuable to everyone. It's not because it's valuable to all communities, right?
Speaker 1
It's because it has
Speaker 3
a specific use that's valuable to a community. You know, in the same way that office, you know, I don't know, skyscrapers in the
Speaker 1
city of London and our financial district are valuable to the insurance and legal and financial communities, but they're not valuable to the design
Speaker 3
and tech communities because they don't want to be in that part of London, right? It's like it's
Speaker 2
dependent on the community. I think, Ben, think of it as a modern day website or a modern day, you know, forum, but importantly, one that is owned by that forum or one that is owned by that building owner or one that is owned by that tenant. You know, I think there's no point building a business today that fits a purpose today. I mean, take AI, for example, you know, I'm sure you turn on your computer every day and you see a new launch of an app that's associated with AI on a daily basis. Like you're too late, right? You know, part of starting as I'm sure you have exposure to this far more than we do, but part of starting a business is about looking ahead, you know, a couple of years and saying what is life going to be like in three years? And our strong belief is that, you know, the world is moving towards a more digital kind of setting and it's also moving towards a tokenized setting as well. And if you look at what a lot of the market leaders are doing, whether you agree with their business models or not, like BlackRock, you know, and others, you know, the world is moving towards tokenization. And so it's only going to be a short time for real estate in the virtual form and physical form follows. And we want to try and lead.
Speaker 1
I hear what you're saying, you know, you believe in tokenization. I'm not sure I fully believe it, but I definitely agree that a lot of, you know, major players from finance and, you know, real estate and as you point out fashion or are, you know, are experimenting with it. I think it's interesting, you know, to think about it, right, not as a virtual world or a NFT creation, but as you said, what is the next, you know, evolution of the websites and online communities that, you know, people have come together in or, you know, the games where people have come together. I'll say the value of the game is the pleasure you get out of it. We know what the utility of the game is. It's helping you relax after work. You know, I think maybe we're still searching for a little bit of that in the world of digital real estate, but, you know, I think that at least it seems like your perspective is the world is definitely headed this way. We've been through a hype cycle. Now you kind of have to wait for some of the smoke to clear and see which of these experiments work. And then maybe you would know, well, this is the place to invest because we think, you know, prices will go up here, right? Like at this point in time, it's hard to say we think this is a good investment, you know, because of X, Y, and Z because prices have dropped off a cliff and, you know, like, we don't have those strong examples yet of like, here's how you provide utility and community. Like you could in Fortnite, you know, like, I mean, you know, the thing that people don't like about games versus decentralized is that it's owned by one company and they could change the rules. But I'm sure if they started selling houses in Fortnite and that meant you'd have the front seat at the concert, people would buy them because, you know, that's where their friends are and that's where they spend a lot of their day. So I guess you're hoping that that will happen, but, you know, for a broader or in Roblox, like Roblox partnered with Nike, right, to like create a world. So you're hoping that, you know, those spaces will continue to proliferate and that you'll be able to get people in on the ground floor. Yes, yes.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode