Chapter
The Rise of Utility NFTs Beyond Wine
41:50 - 48:05 (06:14)
The concept of utility NFTs is expanding beyond the wine industry, offering exclusive access to episodes, behind the scenes footage, and ad-free content. These NFTs could potentially revolutionize how people consume digital content and services.
Clips
The wait list to get on the Screaming Eagle wine allocation program is approximately 20 to 30 years.
41:50 - 43:41 (01:50)
Summary
The wait list to get on the Screaming Eagle wine allocation program is approximately 20 to 30 years. However, they have a smaller, less expensive sub-brand called Second Flight.
ChapterThe Rise of Utility NFTs Beyond Wine
Episode#549: The Random Show — Biohacking, Tim’s COVID Experience, Holiday Gift Ideas, Favorite New Apps, Bad Science, Quarantine Delights, and a Small Dose of NFTs and DAOs
PodcastThe Tim Ferriss Show
Utility NFTs are becoming more popular, with examples like wine or shoes being offered as NFTs, with the possibility to redeem the actual item.
43:41 - 45:39 (01:57)
Summary
Utility NFTs are becoming more popular, with examples like wine or shoes being offered as NFTs, with the possibility to redeem the actual item. Smart contracts within the NFTs also allow for manufacturers to receive a percentage of sales and to reduce fraud.
ChapterThe Rise of Utility NFTs Beyond Wine
Episode#549: The Random Show — Biohacking, Tim’s COVID Experience, Holiday Gift Ideas, Favorite New Apps, Bad Science, Quarantine Delights, and a Small Dose of NFTs and DAOs
PodcastThe Tim Ferriss Show
The creator will release 1000 NFTs that will unlock early access to podcasts, a private collector's only discord, and other perks.
45:39 - 48:05 (02:26)
Summary
The creator will release 1000 NFTs that will unlock early access to podcasts, a private collector's only discord, and other perks. This model will be adopted by many sites and podcasts in the future.