

Shaping The Future of The Internet with Jay Steinback
Jay Steinback is the Co-Founder, CEO, and visionary of yWhales, aiming to drive communities globally to implement, innovate, and lead the next evolution of the internet. He founded yWhales at the behest of hundreds of business professionals around the planet that were eager to learn and invest in the upcoming Web3 transition. Leveraging the YPO network to transition into a Web3 community became a full-time endeavor with Jay adding many staff and Co-Founders along the way.
Key Highlights:
[00:01 -13:41] Cryptocurrency: Money, Trust and Regulation
- There are resources available online but there’s no solid guidance
- A lot of business professionals are to learn and invest
- The lack of answers fueled Jay to research and study, leading to the birth of yWhales
- Jay prefers not to be on social media but focuses on the community that helps and nurtures potential clients
- Know your customer to understand how you can help them with their needs
[13:42 - 19:31] Building Business through Relationships
- Maintaining a community requires a huge amount of time and resources
- People are engaged when you are there if they need you
- Make ways to keep in touch with people weekly through different channels
[19:32 - 40:28] What’s Happening in the Crypto Space Right Now
- People know NFT but there are only a few owners
- Jay is receiving high-volume inquiries from people who are interested in the venture
- Lots of capital was pulled off but smart investors are into it knowing that zero is not an option but it's up to the technology
- What you put up in NFT has to have a real-world value
- FOMO drives the movement in the digital world where avoidable errors occur, hence where the regulation could come to play
- The challenge in governance is hindering technological advancement
[40:29 - 42:23] Closing Segment
- Jay’s advice if you want to learn more: Look at what they’ve done instead of listening to what they’re telling you
- Follow Jay on LinkedIn and check out his website https://www.ywhales.com for more information!
Key Quotes:
“I don't want to be an expert. I don't believe in that in an industry this young because, for everything, there are 10 things that haven't even been discovered or built yet or designed yet that you have to kind of keep an open mind.” - Jay Steinback
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