The GaryVee Audio Experience Most NFT Projects Will FAIL, Play The Long Game
Nov 18, 2021
In a lively discussion, Gary Vaynerchuk, a renowned entrepreneur and NFT advocate, dives deep into the NFT landscape. He warns that most NFT projects will fail, urging listeners to play the long game. Gary emphasizes the pivotal role of community and authenticity, contrasting genuine engagement with superficial trends. He draws parallels to the early internet, highlighting storytelling and creativity as keys to success. He also sheds light on the risks of speculative investments and the importance of strategic execution in a competitive environment.
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Try NFTs
- Collect NFTs primarily to experience the technology firsthand.
- Understand how NFTs work by actively participating, like in 1995 with the internet.
NFT Revolution
- NFTs will impact everyone as most ticketed events will use them.
- This technological shift mirrors the internet's rise, changing digital ownership.
NFT Gold Rush
- The current NFT market is like a gold rush; most projects will likely fail.
- Focus on long-term value and be cautious of short-term greed and day trading.