The GaryVee Audio Experience GaryVee and Mark Cuban on How History Has Already Proven That NFTs Are Here To Stay
Jun 5, 2021
Dive into a fascinating discussion on the transformative power of NFTs and Web 3.0. Mark Cuban and a guest explore historical tech patterns, drawing parallels to today's innovations. Discover the significance of smart contracts and how NFTs could reshape consumer experiences beyond collectibles. They also discuss the future winners in blockchain, emphasizing evolving attitudes towards digital assets. Lastly, learn how NFTs could revolutionize event ticketing, connecting unique experiences with cutting-edge technology.
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NFTs and the Internet's Early Days
- The macro NFT market is underestimated, mirroring the early internet.
- It represents the digitalization of assets we use for communication.
NFTs as Proof of Concept
- NFTs are a proof of concept, similar to early websites in the internet's infancy.
- The underlying technology of smart contracts is the true innovation.
Fear of New Technologies
- People fear new technologies like credit cards and online shopping.
- This fear is similar to the apprehension around NFTs and cryptocurrency.