The GaryVee Audio Experience The Future of NFTs, A.I., and Esports
Sep 18, 2023
A recent discussion at the Next World Forum dives into the evolving role of AI as a creative partner. The potential of blockchain and NFTs to reshape gaming and intellectual property is explored, urging industry players to adapt. The synergy between gaming and cinema showcases innovative storytelling opportunities. Insights on marketing within esports reveal how technology is changing fan engagement. Finally, the impact of AI on entertainment emphasizes both creative advancements and the necessity for thoughtful regulation.
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NFTs and the Dot-Com Bubble
- The current state of NFTs mirrors the internet in 2000, overvalued and overhyped.
- Blockchain's potential remains significant, especially for gaming, regarding digital asset ownership.
The 1% Rule
- True success in any field, including NFTs, is rare (only 1% succeed).
- The hype around NFTs led to unrealistic expectations, ignoring the inherent rarity of success.
Consumer-Centric Approach
- Focus on consumer behavior and emerging tech like blockchain and AI.
- Don't make decisions based on short-term financial concerns; recognize long-term opportunities.