Episode 17 The Future of NFTs

Episode 17: The Future of NFTs

Episode 17

The Future of NFTs

Gary Vaynerchuk is the CEO of Vayner Media. We cover why Gary has so much conviction in blockchain technology, why established companies are willing to embrace NFTs, and how this new medium allows him to build and distribute value far into the future.

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[00:02:06] - [First question] - Why NFTs are the future and why they’re so powerful

[00:04:41] - How his long-term thinking has both helped and hurt his entry into this space

[00:06:24] - Being open about what he’s buying and how a public wallet changes that dynamic

[00:09:21] - Whether one can participate in the NFT space without being all in

[00:10:47] - How big brands are interacting with NFTs and their adoption cycle

[00:12:10] - Whether or not they understand the longevity of their actions and decisions

[00:13:46] - Thoughts on separating his public and private life online

[00:16:44] - Where his drive and desire to entertain comes from

[00:18:47] - How he lets people into his world and betting on people who are “one of us”

[00:22:27] - Ways smart contracts will change the future of long term bets on assets

[00:25:54] - Things that seem bizarre today that will appear obvious in hindsight

[00:28:10] - What he’s most excited to see built in the next six months and six years

The Future of NFTs

Introduction

Eric
This is Eric Golden and my guest today is serial entrepreneur Gary Vaynerchuk better known as GaryVee. This conversation covers why Gary has so much conviction in blockchain technology, why he sees established companies willing to embrace NFTs, and his vision for how this new medium allows him to build and distribute value today and far into the future. Please enjoy my conversation with GaryVee.

Being Early to Mega Trends

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02:06] Eric
So for entrepreneurs, timing can be everything. You've had a famous and public track record of being early to mega trends, the internet, social media, now NFTs. If the internet was a video game, we think about innovations as new levels. You seem to get there faster and master them before other people even think they're relevant. So why are NFTs the next level in this game and what makes them so powerful?

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