The GaryVee Audio Experience What's the Future of NFTs? | Marketing For The Now Episode 22 (Part 1)
May 22, 2021
Join Sarah Zucker, an artist known for her GIF art and crypto innovation; Tom Bilyeu, a billion-dollar entrepreneur focused on content and success; and QuHarrison Terry, the founder of a groundbreaking digital art marketplace. They explore the transformative impact of NFTs, likening them to the early internet. Discussions cover financial challenges artists face, the role of community in navigating the NFT landscape, and innovative ways NFTs could disrupt industries like restaurants. Dive into the balance of luck and hard work necessary for success in this evolving market!
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Episode notes
Macro NFT Market
- The macro NFT market is bigger than people realize, mirroring the early internet.
- Individual NFT investments are vulnerable, but the macro trend of digital asset ownership is strong.
NFTs as Proof of Concept
- NFTs are a proof of concept for smart contracts, like websites were for the internet.
- The underlying technology, smart contracts, is the real innovation.
Consumer-Centric Approach
- Focus on consumer benefits and ease of use when developing new technology.
- Find the path of least resistance for consumers to adopt your product.
