This Week in Startups Apple allows in-app NFT purchases + Bitcoin's role during global macro headwinds | E1572
Sep 28, 2022
In this lively crypto roundtable, Sunny Madra, Co-founder of Definitive Intelligence, and Vinny Lingham, Co-founder of Civic, dive into Apple’s new in-app NFT purchase policy—exploring its potential impact and challenges. They discuss innovative uses for NFTs and how this could revolutionize industries like music and film. The conversation then shifts to Bitcoin's role during macroeconomic instability, positioning it as a potential financial safeguard. Join them for insights and laughter as they navigate the ever-evolving world of crypto!
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Photographer's excitement about Instagram NFTs
- A famous photographer is excited about Instagram's NFT integration, which allows displaying NFTs on profiles.
- This suggests platforms like Instagram might pressure Apple to support NFT sales.
Apple's NFT Trojan Horse
- Apple’s NFT integration could enable transactions outside their ecosystem, bypassing the 30% fee.
- This might be a Trojan horse, allowing developers to avoid Apple's tax.
NFT Software Licenses
- Vinny Lingham discussed perpetual software licenses sold as NFTs with Saks a year ago.
- Users could buy, sell, and trade these licenses like assets, potentially bypassing app store fees.