The GaryVee Audio Experience Why NFTs Will Change The Collector World Forever | Decrypt Interview
May 20, 2021
In this engaging conversation, Dan, an interviewer for Decrypt Media, sits down with entrepreneur Gary Vaynerchuk to explore the revolutionary world of NFTs. They dive into the launch of VeeFriends, emphasizing meaningful fan engagement over quick profits. The duo discusses the future of character creation and the emergence of micro intellectual properties, likening it to a Disney model. They also unpack the intersection of youth culture and NFTs, highlighting their transformative potential while addressing common misconceptions around digital ownership.
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Early Adoption
- Gary Vaynerchuk wasn't even involved with computers when he launched winelibrary.com.
- He recognized the internet's potential and took immediate action.
NFTs and Smart Contracts
- NFTs can represent more than just art and collectibles, including access and experiences.
- Gary Vaynerchuk's VeeFriends project offers a three-year access ticket to VeeCon.
NFT Land Grab
- Many current NFT projects are cash grabs, similar to the ICO boom.
- Sustainable projects with real value will eventually emerge.