The Prof G Pod with Scott Galloway Office Hours: eBay’s NFT Marketplace, Leaving the U.S., and Advice to a Teenager
Jul 27, 2022
Explore how established brands can thrive in the Web3 universe as eBay enters the NFT marketplace. Hear personal insights on relocating to the U.K. and the motivations behind such a bold move. A teenager's question sparks a heartfelt discussion on resilience, identity, and navigating modern career choices. Scott reflects on his teenage years, sharing essential advice about the significance of education and supportive relationships in achieving success. It's a blend of practical wisdom and personal stories that resonate across generations.
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Traditional Companies in Web3
- Consider how established brands can leverage platforms and identities in Web3.
- Think about opportunities for companies with brand trust and audience loyalty in this changing landscape.
eBay's Potential with NFTs
- EBay's core identity was joy and boundless opportunity, centered around bidding and seller opportunities.
- EBay's established marketplace, trust, and history of digital transactions make it well-suited for NFTs.
NFTs as Signaling
- NFTs will become the new form of signaling, replacing physical luxury goods with digital ownership.
- Luxury brands, media companies, and sports franchises have opportunities for incremental cash flow with NFTs.