The GaryVee Audio Experience

Talking NFTs, Twelve and a Half and FEAR w/ Colin and Samir

Jan 4, 2022
In a lively conversation, the hosts dive into the fascinating world of NFTs and how they sparked a transformative journey. They discuss the creation of VeeFriends and the essential role of community in driving success. Innovative book launch strategies linked with empathy reshape traditional business methods. The talk also touches on the evolving landscape of Web3, where creators navigate the balance between authenticity and financial goals. Finally, they highlight the power of decentralized spaces in building engaged digital communities.
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INSIGHT

NFTs as a Platform

  • Gary Vaynerchuk's interest in NFTs stemmed from a meeting with Roham Gharegozlou, the CEO of Dapper Labs.
  • Top Shot's success confirmed his belief in the potential of NFTs, reminding him of his early adoption of Bitcoin and Ethereum.
ANECDOTE

The CryptoPunks Spark

  • A conversation with Kevin Rose about collectibles, including Rose's X-Men comics and CryptoPunks, sparked Vaynerchuk's deeper dive into NFTs.
  • This led to 40 hours of research and the realization that NFTs were his next chapter.
INSIGHT

The Power of Smart Contracts

  • Vaynerchuk saw NFTs as a way to build community and add value over time, unlike traditional products.
  • This ability to continuously update the smart contract was a key driver for creating VeeFriends.
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