The GaryVee Audio Experience

Are you Overestimating or Underestimating NFTs?

Jun 18, 2022
Dive into a nostalgic journey as the host shares childhood memories tied to Toys R Us. Discover how NFTs are pivotal for building intellectual property and the future of branding. The discussion contrasts the practical uses of NFTs with traditional cryptocurrencies, while revealing insights from VCon and VFriends. Explore the evolving toy and collectibles market, spotlighting innovative retail concepts and the impact of strategic partnerships. It's a fascinating blend of nostalgia, business insights, and the future of digital assets!
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ANECDOTE

Unlikely Venture

  • Gary Vee started a client service business 14 years ago, despite disapproval from peers.
  • He recognized the enduring value of brands and contemporary marketing.
INSIGHT

NFT Opportunity

  • NFTs offer the greatest platform for IP building since 80s after-school television.
  • Most current NFT IPs will fail, but some will become meaningful.
ADVICE

Web3 Adoption

  • Don't overestimate or underestimate new technologies like NFTs and Web3.
  • Focus on how you use the tool, not just having it.
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