The GaryVee Audio Experience Why My Experience with Collectables Helped me Understand NFTs
Feb 5, 2022
Joe Pompliano, entrepreneur and founder of Huddle Up, chats about his journey from collectables to NFTs. He shares how his experiences shaped his understanding of digital assets and emphasizes the importance of community in the NFT space. Discussions delve into the contrast between past collectible failures and the success of projects like V Friends. Joe also offers insights on balancing entrepreneurship with investing and reflects on pivotal investment decisions, highlighting the emotional ride of building a family business.
AI Snips
Chapters
Transcript
Episode notes
Early Crypto Exposure
- Gary Vaynerchuk discovered Bitcoin and Ethereum at South by Southwest around 2014-2016.
- He recognized Ethereum's potential as a platform but didn't fully grasp NFTs until later.
Top Shot and Punks
- Gary Vaynerchuk was introduced to NBA Top Shot in 2020 but was too busy with his company to explore it deeply.
- A conversation with Kevin Rose in December 2020 sparked his interest in CryptoPunks, leading to his "eureka moment" about NFTs.
Eureka Moment
- Gary Vaynerchuk believes people communicate through purchases, and NFTs offer a new way to do so on the internet.
- He predicted the NFT boom by observing trends in collectibles, digital goods, and social media.