Waveform: The MKBHD Podcast

NFTs Explained with Justin Maller!

Feb 26, 2021
This week’s guest, Justin Maller, is a celebrated digital artist and Chief Creative Officer at DeviantArt, renowned for his innovative "Facets" project. He dives into the exciting world of NFTs, discussing how these digital assets are reshaping the art landscape and offering new avenues for artists. Maller highlights the transformative power of NFTs in establishing ownership and value in digital art. The conversation also touches on the investment potential of NFTs and the importance of personal connections to the artwork amidst the ever-evolving digital marketplace.
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INSIGHT

NFTs Explained

  • NFTs are unique digital assets based on Ethereum, offering a certificate of authenticity via blockchain.
  • This allows ownership and trade of digital originals, similar to physical art.
ANECDOTE

Pokemon Card Analogy

  • Marques points out the recent surge in Pokemon card values, comparing it to the rising NFT market.
  • He questions whether nostalgia or a desire for rare collectibles drives this trend.
ADVICE

Invest in Belief

  • Justin Maller advises buying NFTs from creators you believe in and whose work you admire.
  • He emphasizes the importance of personal connection and trust in the artist's vision.
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