Modern Finance

NFTs - Blockchain-Powered Art, Trading Cards, Music, and More with Aftab Hossain

Mar 11, 2021

01:03:27

Creator website

Highlights

AI Chapters

Episode notes

Is There a Genra of Generative Art?

02:51

The Wild West of Ethereal Block Chain

01:39

Is There a Future for Etherium?

01:40

Introduction

2min

Block Chain Technology

3min

The Concept of Digital Scarcity

2min

Can't You Just Take a Picture of a Cryptopunk?

4min

What's Going on With the Marvel Comics?

5min

Cryptopunk - The First Non Fungible Token?

4min

Cryptocurrency Is Just Like Crypto Currency in Many Ways

4min

The First of the NFTS in the Block Chain

2min

The Economic Mos Are Really Interesting, and They're Going to Get More Interesting

3min

10.

Is There a Genra of Generative Art?

3min

11.

Genetative Art

4min

12.

Is There a New Arblux Project as Agenerative Art?

2min

13.

Auto Gliffs

2min

14.

Is There a Lot of Noise?

2min

15.

Postpost Editing

2min

16.

The Block Chain Collectibles - The Bonding Curve Theory

3min

17.

What's Crazy About a Uniso?

3min

18.

How Much Are These Socks Worth Now?

4min

19.

The Wild West of Ethereal Block Chain

2min

20.

Is There a Future for Etherium?

2min

21.

Top Shot

3min

22.

The Digital Collectible Boom

3min

Aftab Hossain (Twitter: @iamDCinvestor) is a strategic advisor and private investor to projects in the cryptocurrency and blockchain space, with special focus on decentralized finance ("DeFi"). He specializes in technologies related to the Ethereum public blockchain -- the world's largest decentralized blockchain for programmable financial activity.

SHOW NOTES

What is an NFT (non-fungible token)? For that matter, what is a fungible token? [02:20]
We've been able to freely download copyrighted material from the Internet for decades, so what makes NFTs valuable? How does something like a piece of art become a uniquely accountable asset when it's tied to the blockchain? [04:22]
Why might a collector (of art, baseball cards, comic books, or any scarce asset) find the NFT market so appealing? [07:44]
Why an NFT has better provenance than a mint copy of Marvel's Wolverine #1 or a rare Magic: The Gathering card. [11:44]
What is DeFi? [15:26]
What were the first NFTs, and how valuable are they today? [15:48]
How NFTs have infiltrated the mainstream, and what any collector should keep in mind about investing in anything that wildly fluctuates in value. [20:19]
How can someone "burn" an NFT? [26:49]
Where can someone check out curated NFTs for sale? [30:27]
What is generative art, and how is it represented in the NFT world? [32:11]
What is the first instance of generative art being tied to the Etherium blockchain? [38:04]
There are multiple new NFTs launching every day. What's caught our attention of late, and how does a potential collector discern between NFT-based art created by a legitimate artist that is likely to go up in value and junk churned out by some Photoshop-savvy teenager trying to cash in on the NFT gold rush? [40:32]
As the owner of two EulerBeats NFTs, what can Aftab do with those assets? What are the potential benefits of an NFT to an established artist? [42:21]
To someone asking if NFT collectibles are a bit like a Ponzi scheme, Aftab asks: aren't all collectibles a Ponzi scheme if you extend the analogy far enough? [45:02]
What are Unisocks, and how can they be used? Why, from a practical standpoint, is this whole NFT phenomenon something worth trying to wrap your mind around? [48:10]
Other projects in this space Aftab finds worthwhile. [53:43]
Will NBA Top Shot live up to its hype? [56:46]
Where can people learn more about NFTs? [1:01:12]