Bankless RELEASE: Gary Vee DEBUTS VeeFriends NFTs!
May 6, 2021
Gary Vaynerchuk, a serial entrepreneur and Chairman of VaynerX, unveils his first NFT collection, VeeFriends, aimed at engaging his fan community. The conversation dives into the cultural relevance of NFTs and their potential to build communities. Gary discusses the innovative mechanics behind selling VeeFriends, including a unique Dutch auction model. He also touches on the transformative power of NFTs beyond collectibles and emphasizes the importance of user-friendly tools in education for newcomers to the crypto space.
AI Snips
Chapters
Transcript
Episode notes
Onboarding Friction
- Gary Vee's inner circle was surprised he wasn't accepting fiat for VeeFriends NFTs.
- He prioritizes user experience but wanted to reward early NFT adopters.
NFT Legitimacy
- Hold your NFTs on-chain with an Ethereum address using a crypto wallet like Metamask.
- Purchase NFTs using ETH.
NFTs Going Mainstream
- NFTs are gaining mainstream attention, similar to the rise of VR and the metaverse.
- This timing creates opportunities for broader adoption.