Chapter
Gary Vaynerchuk Discusses the Future of NFTs and Cultural Impact
23:38 - 36:44 (13:06)
Gary Vaynerchuk discusses the potential of NFTs and compares them to the fashion industry and the cultural impact it can have. He also shares his idea of crowdfunding $10 million to buy Michael Jordan's house through NFTs or on Rally Road.
Clips
The hosts discuss the possibilities of investing in NFTs and crowdfunding using platforms like Rally Road to purchase assets like Michael Jordan's house, and predict that there will be a "aha" moment in the next five years for the meaning of NFT blockchain and smart contracts.
23:38 - 29:04 (05:26)
Summary
The hosts discuss the possibilities of investing in NFTs and crowdfunding using platforms like Rally Road to purchase assets like Michael Jordan's house, and predict that there will be a "aha" moment in the next five years for the meaning of NFT blockchain and smart contracts.
ChapterGary Vaynerchuk Discusses the Future of NFTs and Cultural Impact
Episode#209 with Gary Vaynerchuk - Why NFTS Are the Future
PodcastMy First Million
The fashion industry, ownership of goods and social media are some of the use cases of NFTs that can act as a truth indicator.
29:04 - 33:38 (04:33)
Summary
The fashion industry, ownership of goods and social media are some of the use cases of NFTs that can act as a truth indicator. However, it can be difficult to understand the concept of NFTs for people outside the crypto world.
ChapterGary Vaynerchuk Discusses the Future of NFTs and Cultural Impact
Episode#209 with Gary Vaynerchuk - Why NFTS Are the Future
PodcastMy First Million
Gary Vee discusses the potential for NFTs in creating and selling nostalgic IP, including stuffed animals, toys, trading cards, movies, and video games, with his initial NFT offering aiming to keep his earliest supporters invested.
33:38 - 36:44 (03:06)
Summary
Gary Vee discusses the potential for NFTs in creating and selling nostalgic IP, including stuffed animals, toys, trading cards, movies, and video games, with his initial NFT offering aiming to keep his earliest supporters invested.