The Vergecast Steve Aoki on why he’s a ‘crypto believer’
Apr 1, 2022
Steve Aoki, a renowned DJ and record label owner, dives into the evolving intersection of music and technology. He discusses his venture into Web3 with the Aokiverse, emphasizing community-building and exclusive experiences through NFTs. Aoki shares personal stories of blending creativity with innovative investment strategies, while also addressing the ethical challenges and environmental impacts of blockchain. With exciting plans ahead for the Aokiverse, he highlights the importance of audience engagement in this new digital frontier.
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Early Investments
- Steve Aoki started investing in the late 2000s, focusing on restaurants due to his family background.
- Despite the high failure rate of restaurants, his investments have been successful for over a decade.
Experiential Investing
- Prioritize investments with experiential and sentimental value over purely financial ones.
- Invest in things that resonate with you personally.
NFTs as Identity
- NFTs serve as a means of identification within online communities and cultures.
- This aspect is often misunderstood by those unfamiliar with the NFT space.