The GaryVee Audio Experience The Art of NFTs Is Only the Beginning of Their Potential
Oct 10, 2021
The discussion explores the vast potential of non-fungible tokens beyond digital art. It compares NFTs to the transformative impact of the internet and social media. Listeners learn how NFTs serve as digital assets with various applications, ranging from collectibles to exclusive event tickets. The significance of smart contracts is highlighted, showcasing how they can add real-world value to NFTs. This conversation encourages excitement about their future implementations and the opportunities they present.
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Episode notes
NFT Potential
- Gary Vee compares the potential of NFTs to the early internet and the rise of social media.
- He believes NFTs will be transformative.
NFTs and Smart Contracts
- NFTs are non-fungible tokens, representing digital assets like art or collectibles.
- They have underlying smart contract capabilities, extending beyond mere ownership.
Podcast NFT Example
- Gary Vee gives an example of a podcast selling 1000 NFTs with varying benefits.
- These include merchandise, event access, and dinner with him, showcasing real-world utility.