The GaryVee Audio Experience

The Current State of The Union on Web 3 | NFTNow Fireside Chat

Dec 7, 2022
Dive into the NFT landscape and discover how to navigate the current crypto winter with patience and innovation. Learn the importance of strong business fundamentals to build resilience in Web3. Explore the evolution of VFriends and its commitment to meaningful community engagement. Uncover insights on balancing ambition with kindness in family businesses, as well as the power of trusting your intuition for personal authenticity. This conversation is packed with valuable lessons for anyone navigating the digital economy!
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INSIGHT

NFT Market Correction

  • The current state of NFTs is similar to the internet in the early 2000s.
  • Meaningful projects will emerge from the current correction, just as they did after the dot-com bubble.
ADVICE

Building on Fundamentals

  • Focus on building businesses with strong fundamentals, not just hype.
  • Prepare for market downturns by having a plan to generate demand even when the market softens.
ANECDOTE

Gary's Grilling

  • During a business meeting with NFT Now founders, Gary Vaynerchuk grilled them extensively.
  • He emphasizes the importance of in-depth business discussions over superficial marketing hype.
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