Uncategorized

NFTs For Beginners in 45 minutes

caption

– So here’s my rant. And I’ll see you in three years. I don’t care if you buy an NFT. I exactly don’t care.( upbeat music) You got your perspective. I just wanna be happy.Don’t you wanna be happy?( hip move instrumentals) – Hey, this is the NonFunGerbils podcast NFP with your host DKleine. And today I have a veryspecial guest, GaryVee. Welcome to the show. – I actually appreciate it. Thank you for having me. – Okay, this is wild. I have to say to you. I’m pretty excited about this. I actually appreciate youmaking term for this. – Thank you, thank you forsaying that, I’m flattered. I’m really excited to be on it honestly. – Yeah, I’ve noticed you’re making fairly the deep dive into the whole NFT art scene the last couple of days, I’ve seen you all over the place.I saw you on CryptoCampfire the other day. – Hmm! – Tell me about, you know it seems like when you’re doing something you just go full board at it. – I genuinely do. And I genuinely, you know, it’s funny people don’t know this about me because they participate all the energy. You know, what’s so funny, I think so much of the intensity that I producing has to do with the fact that usually, it’s because I’ve been pent up for three to four months about something I’m excited about, right? So for example, youknow, with sports cards which was something similar that I get very passionate about, you are familiar with I grew up passionate about it and then I get exceedingly, very passionate about it about three years ago, it was various, several months, maybe almost a year on that one that I was doing real homework before I had come out and said this, that, and the other thing. Now, I’ve been doing lightweight homework, you know since probably the summer months, you are familiar with, on NFTs. The rationalization I bought Ethereum in 2016 after AaronBattalion, large-hearted shout out to Aaron Battalion formerCTO of Living Social, great VC, enormous technologists, developed me on it at South by Southwest.Was mostly the understanding of the potential of what became NFTs. Like I was like, Oh, okay, this isn’t money this is framer buildon time, you are familiar with like, pulpit and so, I foresee I get so loud and energized’ begin I’ve been wanting to be loudly and roused for months. I mostly do 60, 70% of my knowledge base before I say a word to the world. – Hmm! – For example, I’ve been doing that with BR quite a bit, I’m very deep into BR more than people think’cause I never talk about. Even this mentioned isalready a great deal for me by my standards, becauseI don’t like to talk about things that I don’tknow anything about.Now, I don’t mind to be in this place where I’m like, hey, I have some real beliefs and understandings and thoughts and hypothesis, comma. There’s still a lot ofthings I need to know to really feel pleasant the style I do about social media orwine or sports cards. But I don’t feel like I’ll be embarrassed.I feel like I understand my point of view on what the consumers aregonna do with that FT. I feel like I can speak, I can speak to ERC-2 0 and ERC-7 21 and I can speak to cryptopunks and larva labs. And I can speak to Pepe being a BTC a Bitcoin version of like I can, you are familiar with, I understand what wrapping is now. Like, you are familiar with, like I can, I can I can hang enough where I’m not wasting people’s time because what I’m great at according to my mother, but in all seriousness what I’m very comfortable withis consumer behavior.I aim, what I can say today, for example, I can saythe following sentence to an gathering, you are familiar with, I’m picking very specific locates I wanna be on. Podcast I know have a lot of time. You know, DK. I do this show because of the people you comma, the people that I anticipatelistening to this show which is a very authentic OG, thoughtful, radiant, genu society. – It is. It’s an extraordinary thing. – I know, I do a lot of homework, so I feel very comfortable I know who’s listening right now, which is people I revere is whatwould be the word I use. Comma, what I thoughts I bring to the table in 1995 when I went to dotcom or email or Google AdWords or YouTube or social or everythingI’ve done in my life Madison Avenue’s startup land, I can bring things like, hey everybody, listen.And am only improbably comfortable to set this on the record, NFT over the next 12 to 18 months is gonna be very similar to ICO. – Yep. – 97% of these projects are gonna collapse in secondary price. It’s gonna confusepeople, say it was a fad, it was beanie newborns. Comma, the underliningtech, and purchaser behaviour is gonna be one of themost significant things that happens in modern technology. – I’m with you. – Cool, so are happy to me that’s– I can relate. – Yeah, delight, delight. – Yeah.- Take it apart. – I don’t wanna take up too much of your- – No, take it away. – Time in the podcastbut’ cause it’s your say I had the same experience when I learned about Bitcoin and Ethereum. I literally depleted a year learning about it before I did nothing about it. And then I only couldn’tcontain myself anymore.And I began writing about it. And that’s how I got towriting for “Coin Telegraph” was just through blogging about it and writing about it every day until the point thatpeople noticed my writing. And that’s when last yearI had the opportunity to write about crypto art in particular and especially aboutthe scum artwork shift. And that precisely flung a switch for me because I was like holy crap, this is Marcel Duchamp. This is data. This is the beginning of– A 100% – It’s the start of modern art, – 100%, 100%. – It’s a renaissance or a renaissance of that same process yetnow in a digital epoch. – And comma, those masters fixed peanuts.- Yeah. – In the scheme of the economics “thats happened” in the course of the coming 50 times. The happening that theJackson Pollock of today, whoever she or he may be, his family will becollecting checks in 31 years – Yeah. – On a royalty rake on a transaction concludes my heart smile, Darren in a way that you couldn’t imagine. – Yeah. It’s amazing, With that very, these same masters, whereas before they were the artists, you are familiar with, in the haphazard robes with the, you know, cheap paintall over their invests or whatever and thenthere was the collector and that was a different radical alone. You now have this mingle. Like I obtain prowes, I never actually collectedher before in my life. And now I rally it regularly. – Do you transact on art, Darren? – I do, yes. I create art, I sell skill. I sell secondary, yeah. – Do you buy art and resell it at times you only decide to do? – Yes, yes.- This isn’t, the reason I invite that is that’s probably gonnabe the most interesting thing in the super short term for me, which is what is the OG community gonna think about, what I know is coming, which is an enormous amount of collector, flipper, trader at heart people who are gonna get much more enjoyment of buying a piece of art and reselling it than doing that with a stock.- Right. – Than doing that with a money. Like for example, I have the same feeling, like for example, the prowes I have behind me Alice Barrett onetime employee I endorsement art from a friend standpoint. – Hmm – Number one, number two – Personal structures is keyto networking, it’s key. – I’m just, I’m giving you like, I am a baseball placard comic book, collectible doll flipper at heart. I enjoy it. I desire buying, you are familiar with a blue-blooded snaggle tooth that came from the Cedars Cantina rectified’ effect that’s the raresnaggletooth versus the pink dres and buying that at agarage sale for four bucks and selling it on eBay for 200 bucks or buying it for a hundred horses and selling it for 200 horses later’ stimulate I thought it was a downtime for “Star Wars” or, I experience that.I don’t like stock market. I don’t enjoy buying astock and then reselling it. No enjoyment. I desire flea market, garagesales, sports cards culture. – Well, let me, let me encourage you then to be considered in where that really happens because of course you cango to the Nifty Gateway, you can go, I do havework on known descent, for example, however I didn’t start on KnownOrigin of course, right. I started on Rarible. – I know Rarible is a good one. – I started on OpenSea, right? And that’s where you can get that garage sale type of- – A 100%, am working on those platforms- – When you find that gem, right? – I, SuperRare, OpenSea, Rarible, like Bitski, I’m watching everything. I’m watching everything, and right now( sighs) I’m just extremely fascinated because I think there’s a huge amount of humans on earth that share my DNA that nobody talks about, which is the following.That trading constituent is much more fun in NFTs than it is in realestate or wall st.. Number two, and this is where it gets really interesting for me. This is a real thing thatI’ve been doing my whole life. – You got to tokenize those. – Are you kidding me? It’s like the thing thatkeeps me up at night. I’m like, oh my God. In grammar school, kindergarten, first tier third point, sixth tier, a lot of girls knew me as a doodler as later beings thoughts I was gonna be- – I was the same way, I was the same way. – That I was gonna be an artist, which never goes talkedabout in my narrative , not something I share. And you have to watchmy blogs very carefully and you’ll see that I’m doodling a lot in meetings, right? So, when this all thumped my radar, you are familiar with, that was something thatreally got me feelings. I’m like, oh my God, is this gonna be like, wow, God literally, this is something I said, God, thank you, it’sliterally something I said to myself, 6 months ago, God, are you kidding me? Have you formed a technology that takes all that is I am, how to build a community, you are familiar with, understanding storytelling, the doodling component, the garage sale flipping, the trash bin kid, like it, this is crazy.This is like my life’s work. So I’ve been very cautious and intelligent of my entry into this worldbecause I don’t wanna, I know I have a big platform now. I’m not who I was the firstcouple of ages, you know, – Hmm, Hmm. – I surely, I emphatically am worried to drive the market. – Right. – I’m incredibly a little scared that, Darren. I’m scared to talk about- – You’re scared of creating a bubble, is that what you mean? – You know, it’s funny. I’m actually not because I speculate I’m only gonna buy and talk about things that I’ve decided are 30 -year projects. – Okay. – So I’m actually not scaredcause I recall I’m good. It’s what happened in sports cards. In the sports cards life, I’ve been uncomfortably right. – Hmm – And it’s because I’mreally darn good at this.And so I’m talking about NFT as a category. I’m not really talking about campaigns because I time have more homework to do. I’ve you know, I’ve alluded to so I’ll make love here as well. I have decided that CryptoPunksis a 30 -year project. – Hmm. – And there’s been a million clauses and this audience doesn’tneed me to explain why. So I won’t spend time on that. But no, I’m worried about being perceived as pumping and dropping as establishing. And so it’s, I gotta really be pithy of how I’m gonna navigate but I’m not actuallyscared about the bubble. I am probably scaredabout the macro bubble. Like when the inevitable shit makes the devotee with all these projects, I do see everythinggets dragged down with it. So I am scared to tell friends to invest in things or– Right. – Because even though Ithink Punks is a steal do I think if in nine months or 13 months or 16 months there’s that hole instant’ cause there’s just too much supply and there’s not sustainability of the secondary demand, could it go down with it? I do.Do I think that’s probably one I’ll know most by the rise in? To me, it’s April 2000, Darren. – Yeah! Yeah! – April 2000 is when the stock market crumbled, internet broths and everybody bailed on the internet itself. And that’s when I tripleddown on the internet and said , no , no , no, the stocks might’ve been overvalued but the whole genre’s going nowhere. – Yeah. – And that was when Ibought my Amazon stock for the first time cause it was like- – Right, of course. – And so like that’swhat I’ll do with NFTs. When and if, when and if because really’ start I think it might, it may not.But if it does have that moment that’s probably whatI’ll go shopping the most on the things that I’vedeemed most meaningful. But there’s so much I make, different blockchains and you know, right. You know, Ethereum, Flow, There’s so much going on there. Different, there’ll be many more. There’s Ethereum scale, wrapping things, burning things like, you know, there’s a lot to think through. This is early, early, early days. – Yeah, absolutely. What are your thoughts on scrap skill? Have you looked at that, looked at that at all? – Not profoundly yet.I’m still in the stage where, because I decided punks was real that I expend an ungodly quantity of hour acquainting myself there. – Yup. – And I’m continuouslyspending most of my day doing stuff like this, whether in private or public I want to become friends with people in their local communities, Iwanna offer my value to them. I wanna meeting with members and I’m still learning. So I haven’t disappeared, you know, I’ve done exceedingly surface elevation nonsense with like HashMasks withCryptokitties I’ve looked at a little bit for my own education.’Cause that was obviously like many, the first thing I’ve looked at, Top shot carefully, I’ve looked at a lot of the wax trash’ lawsuit I like Street Fighter and Garbage Pail Kids. I’ve look back, you know, I’vedone my homework on beings. So I’ve done a little on the individual artist front, artifacts. Some you know, the Bitskiprojects. I’ve looked at stuff, I’ve done my random, like three hour deep dives into OpenSea and Nifty only to poke around. And( stutters) But I haven’t yet on litter artwork but I’m aroused to, and I will. – Probably one of the best arranges to look for that is theartist that I interviewed for that fragment that I wroteabout called “Immutable Trash”. – You can send me that link after this. – I will. – I’ll read it over the weekend. – Yeah, for sure. His name is Robness. He’s probably the best-known trash creators along with Max Osiris. And of course following that, there’s a huge movement of more artists that join in with that. And I actually sent you the link to it in your Twitter, if you just wanted to peek at it but it’s a bit of a read to do during a conversation patently – Yeah, I’m not gonna do that, yeah I wanna places great importance on this.- It wouldn’t be practical – But those two stand out. Another immense place to go if you wanna find out more about justthat entire fluctuation in a community building is the art gallery auction house on telegram, Daniel Penn. I meditate Crypto Campfirementioned them very, actually.- Okay. – That was actually where I acquire a residence when I began this as an artist because I’m coming from another world. I’m a schoolteacher. I school full-time, I began writing’ induce I simply adore writing. – Hmm. – And from that I time, when I attend the crypto skills I was just like, feltlike what you were saying where it’s like all these different things I cherish just came together into this one. – I even felt- – I can’t stop thinking about like, I’m obsessed with it. – Listen, I’m haunted with e-sports. I’m haunted with the cannabis industry. I grew up in the wine business. I don’t smoke, but I’m mesmerized. I’m obsessed with many micro things.Things have happened, somany things have happened, but I have not felt anything like this since 2005 when I was like, oh, the Internet’s about to make a big change. This social media thing, this is a real thing. This isn’t a- – This is like third-wave here. – Yeah, this, yeah. that’s right. I feel like for me it’s 95 oh five. I’m kind of mad that it’s not 2015′ cause then they’d bea nice round crowds.( Darren laughing) But it’s oh five-nine, you are familiar with, it’s 95 oh five- – It’s probably someFibonacci thing or something. – Yeah, probably( Darren laughing ). But, goddamn it’s exciting. And like the, and thefact that I get to bleed in my collecting flinging like, like pop culture, IP, retro. Oh fuck, it’s just so exciting. – Yeah, it goes beyond that, right? Like I mean, parties getexcited about the money right.And of course the money’s great, like the facts of the case that a person like, like I was- – To me, it’s not the money. It’s the being right. – I affection being right.( giggling) – I affection being right. Like , no, but genuinely it’s like, I’m only, I don’t wanna are quite right so I can tell people I’m right. It’s like a weird competition with myself. – It’s a game, I’m winning video games when I do that. – Am I right? Is this kid- – Yeah, it’s true. And I desire when people are like, nah, ah and then, you are familiar with, twoyears later it’s like, ah. – That’s everything to me .( Darren chuckles) You know, you may know this’ campaign you have a lot of context for me. It’s why I desire documenting. I adore, you know, when someone’s like, oh, Gary, you’re a fly-by-night and I can be demonstrated him my point of view on virtual goods in 2010. I don’t know if you read that time. – I don’t know if it will all fly-by-night at thispoint anymore( chortling ). – Yeah, but you know what , not fly-by-night, you know what, parties are like, oh, you’rejust startle on this.- Right.- You know, – Bandwagon or something.- You don’t care about NFTs. Yeah, and I’m like, lookat this video in 2010 when I’m talking about virtual money and virtual goods likethis has been on my psyche in some influence or word fora highly, long time. It just prime time now. – It’s a consummation of a number of different elements- A pinnacle. coming together, you know.- Yes. – Coalescing. Absolutely. You know, and but withthat, what I was saying was the money’s great like it’s amazing. I was talking to someonejust the other day who I forget which country he lives in. It was a developing country. And he supposed to say to me, this art that I sold I’m paying my children’ school fees with it. Like this is like life-changing, – Game changer. – For a lot of people. – I know somebody whosold a Hashmask in India to a big collector that is like more money than his mothers have spawned in 5 year. – Yeah, next height, yeah. You know, the opportunities are huge but beyond that very, it’s this community and that’s maybe a littleharder to see with, you know the Hashmasksand the CryptoPunks.But when you get down into the dirt of it, as I have as an craftsman starting by like, like some other, just soldmy first piece the other day and it was terrible. It was, I only took a Bitcoin logo and I kept it into an app announced Photomosh and it melted it and madeit look like a fried egg. And I called it “Fried Bitcoin”, right? And a chap was like, hey, is that your first portion? I want that, right. It’s a great feeling, right. – It’s an intense feeling. For me, what’s been interesting about this is thinking through the metadata. – Hmm. – So I, my projection is gonnabe very very interesting. – Okay. – And I don’t wanna give too much away but I wanna give you a little something for our history we’lllook back at one day.- Very interesting. – All my time– And, I’m assuming, I’m assuming in yourcase you’ve got parties facilitating this process. – When you say facilitating, – What I convey is gettingeverything set up, coming everything tokenized, getting a, you know, if you’re going beyond that, if you’re doing something with smart-alecky contract engineering and nonsense like that. – Yes, I’m talking to parties and trying to figure out where I wanna do this and how I wanna do this. When, but what’s fascinatingis the reason I asked you when “youre telling”, you are familiar with, promoting, I am gonna draw all 5,555. – Right, that’s a good point to make.- It’s not like some of these people- – Yeah exactly! – Who have pranced inwith hiring some craftsmen and then they say– Correct. I am going to, I am gonna make the narratives, the dynamics and the concepts. The hoses, and doing itright, and going it minted and getting it, smartcontract properly, yes. I’m speaking to all the, a lot of beings in the community and trying to figure out what the right things are. So anyway– Now you said 5500 envisions, is that what you said? – Yeah.I’m already generate too much. So we’ll talk about other( Darren chortles) Edit that out.( both roars) – Seriously dude, should I? – No , no, it’s okay, you can keep it, but I want you to have the scoop. But like build-up, don’tplay it up too much. Hopefully, it’ll only bestarting coming along- – It’ll be in the tweet, – Yeah.- 5500( chortling) – But you are familiar with, it’s, I’m really excited. I’m evoked, I’m agitated. I feel like I know when I find my home. I know when I’m, the sportscar parish, my house the wine-colored society, my home, the entrepreneurial community, a dwelling. This is gonna be a home and and a dwelling that is gonnashow a different slope of me up from a ingenuity standpoint that has always been there.I’ve spoken so much better about the productivity of being an actual financier but, this one’s really gonna be obvious and I’m gonna enjoy it. And it’s gonna open up a whole new avenue to “peoples lives” which I can just feel unbelievably energized about. – Yeah, it’s just an opportunity to be express in a different way, right. – I too hope I cause people. You know, I study I’vegot a lot of noses on me. I have a communication style that lamps for certain extents of parties. And I feel like somebody’s going to say, wait a minute, am I an master extremely? And is gonna fulfill theirdestiny of being an artist.I think what NFT, what social media did was accepted parties to be personalities and experts that wouldhave never been that. Influencer marketing, influencers have been art is now a collect of persons who are destined to be advocates, but are now known for yoga. Accountants that arenow known for StarTrack. And I visualize NFTinfrastructure is gonna earmark somebody who’s destined to be a carpenter actually now to be an artist. Someone who’s destined to be a plays operator now to be an artist. Somebody that was destined to be a stay-at-home pa now to be a artist. Somebody that was destinedto be a police officer to now be a meaningful artist. The information that skill will now be practical to a generation of parents, and encouraged instead of prevented is going to be a verygood thing for society.And I’m agitated to see the birth of it. – Yeah, it’s fascinating. You know, it forms me “ve been thinking about”, I was actually just talkingto someone about this today. The notion that, you knowwe’re talking right now about artwork NFTs, but in my thought, I’m anticipate pretty muchanything that is property. At some extent you were able to theoretically say, could that be tokenized? – Well, that’s a foregoneconclusion to your point. I imagine my obsession rightnow be standing talent. But for example, every record by any writer that’s got any liquor isgonna be launched as an NFT. Like I’ve got to rethinkmy entire thought process of ratifying another work slew. – Hmm. – Why would I do that? I can propel it as an NFT, make incredible dynamics deliver actual diary onthe back of the NFT, create incrediblesecondary market dynamics.I convey the world countries, Darren, this is a big fucking deal. – It is. – I’m gonna sell my- – I’ve been trying to tellpeople this for two years.( roars) – Well, you’ve been right, good bulletin. You are aware of you like being right? Good news, there “theres going” .( Darren laughing) This is gonna change everything. Absolutely everything. I think what’s gonna be, what I would encourage everybody now who’s listening to fall into somethingI said the other night and I’m employ it, I like it. Don’t try to convince, have conviction. And it’s very different. You know, reassuring people is fun but wearying and not required when you’re this right. – Hmm.- So like beings are like, Gary persuaded me about it and this literally actuallyironically happened today. Somebody said, convinceme about the opening. I’m like, I’m not going to, here’s the here’s how I’m gonna persuade you.This NFT thing is gonnabe one of the biggest technology shiftings in their own lives. I’ll see you in three years. I’m not gonna sit hereand try to explain to you that you don’t understandsocial money, human behavior. Why beings wear symbols on their clothes. What happens in a digitized nature. Why parties will be curious like rubbernecking and realityTV and social media to know what beings have purchased and ledgered that theProvenance interests incredibly and always has in our society, that eliminating themiddle that draws very little value is a good idea. And the Internet’s been doing it. Technology’s been doing that for, for its totality as a term. Like I’m not, I’m notgonna do that for you. I don’t need to do that for you. It’s just gonna play out. Why did mains and Indians and cavemen paint their faces withcolors and have barks that were like, this has been going on.This is a foregone conclusion. So here’s my tirade. And I’ll see you in three years. I don’t care if you buy an NFT. I really don’t care. – Yeah. I make, speaking of Provenance I visualize really interesting element of that a lot of parties don’trecognize is, you know, say if you look at thisTopshot thing, right, and you think about, okay well who’s paws has this particular card been in? – So cool.- And you are eligible to look back and get, whoa, this was actually in LeBron James wallet, for example. – Really affairs. People don’t understand. That’s gonna be really cool. When you satisfy mortal in 13 times at an happening, instead of going to Google or Instagram, like numerous supposed to do now, I anticipate people will go to public pouches and look at what they’ve done. And I’ll be like, oh, Darren, you were fucking on this blah, blah, blah. Like, you know, peoplelove to have street credit. And be like, I knew about Pentera first. – Like Vanilla ice? – Yeah, accurately.( Darren laughing) Where like, I was early. like for me, I was early on Notorious BIG, but do I actually have proof, I don’t, but I could. – Sure.- I could. – You could.- You know, like, we’re, you know, when someone’s like, Iwas early on Nirvana. Were you? Like now you have, but now in 35 times, somebody who’s early on something is likely gonna have some proof to it because that entity, theband, the influencer, the person or persons, the thing is gonna have an NFT infrastructure that’s gonna prove.Could, do you understand the level of clout Darren, that somebody could have as being the first personto buy the first item that Pearl Jam put out in 1991? – If you could prove it, yeah. – Well guess what? That’s the world we’re about to go into. – That’s right, irrefutably. – Irrefutably. So I thinkProvenance is gonna be a currency that are important in an senseles action. I review people are naive. I told parties that online dating would be the standard in 2000, they tittered at me.I said that parties would buy wine-coloured on the internet in 1995, they roared at me. I told people that they would spend all their time on Facebook, they tittered at me. Playing mobile plays, they chortled at me. Like, all I do is getlaughed at( Darren laughs ). And that’s when I know I’m onto something. And this one is one that’smaking a lot of beings laugh. They’re like, I’ll just take a screenshot. What’s the difference? I’m like everything. – Well, I was talking fine art with Sasha Bailey, he’s the founder of My BAE. – Hmm. – And he spoke of how he had experienced withtraditional fine arts. For sample, if you were to say, look at an Andy Warhol and it was the real one, Eddie Warhol and then you had a fakesitting next to it.They are indistinguishable. You can not tell thedifference between them, you know and that’s a problem. So what do they do? They go by Providence. They travel, okay, who’s mitts were, “whos had” this fragment, you know where is the history of this patch. And again, that’s where the blockchain is vastly superior as a answer. – It’s not even close. – Right? Not only that, where are those Andy Warhol’s, they’re in a vault. No one’s even looking at the things. – Correct. – I go to the New York MET. I don’t know if you determined that, but I announced about it. I go to the MET and Igo look at a make-up and I’m like, is thiseven the real painting, or did they just framed a imitation here’ cause they don’t want the real one to get shattered ?. – Correct. And meanwhile, somebody modifications their sketch painting to a CryptoPunk, and you can go check if they’re the actual owner of it.You could. – You can. – You could. And then you get into themonetization of the IP. Like you look at someof the entity standards where you’re allowed to monetize something you buy up to a hundred thousand not like, there’s so much elegant nonsense. It’s just gonna be nifty. That’s like the word like I’ve been using the word neat. Like, I don’t know if it generates me back to when I was four- – It’s small children, it’snostalgic thing right, it’s nifty. – It’s neat, it’s fucking elegant. – Well, that’s why makingthe artistry for myself as well. A pile of the art I makeliterally concludes me laugh as I’m making it, you know like there’s a rejoice in it. And I’m hoping you havethe same experience with your doodling,( ambiguou) – I signify, are you kidding me? – There’s a elation in it, right? – I imply, look atPatient Pig, how can you-( Darren laughing) – That’s right.- You know, like, Icouldn’t be more excited to be a part of this. I am really happy that I’ve been able to bring a lot of awareness. I’ve had a lot of beautiful DMS and things like, you are familiar with, I have a big platform and I’m able to bring awareness to parties, the Flamingo project, or, you know Felicia sort of, you know, whatever it might be like it’s just really fun.- Hmm. Let’s talk obstructions though. Let’s talk difficulties. – Please. – You know what, youknow, Ethereum certainly, you know, if you’re minting on Ethereum like it’s got some technological difficulties. – Clearly. – You know, it’s too much success. – Yep, gas is expensive. – Gas is terrible, you are familiar with. We had kind of a mini crypto wintertime in the skill vistum where I don’t know, you talked about that you’ve been following it for months. And it was just on firein October, November, come December Ethereumprices kind of skyrocketed and all of a sudden parties couldn’t procreate or they could create, but they couldn’t mint. They couldn’t tokenize unlessthey were upper echelon. You know, where do you see that vanishing? – Too early for me to make a call that I would wanna look back on and say, okay, you were smart or you were an idiot. I merely don’t know.That’s the honest truth. I know human dynamics. So what do I necessitate by that? I know that there’s an incredible quantity of people that arebuilding on top of Ethereum that the network is so vast that the stakes are so collectively high-pitched that parties that are dramatically more technically skilled than I are tackling it at brutal tiers. Now I do think that people are naive a little with L-two and all that. Like, I think there is some naivete motive when you want it to happen, you know I’m thinking a lot about the burning and wrapping of clues, you are familiar with, like, listen I would neverhave buy CryptoPunks if I didn’t know what wrapping was.- Right. – Because I would have been too scared. Like, you are familiar with, I, you know they’re very different technologies but there was a day where Yahoowas the only search engine. – Sure. – And then Google came along. And I sit here and say, well, there could be adifferent blockchain, like – Ask Jeeves. – Correct, I convey, gape how huge Flow is.Roham you know learned a lot, -( coughs) Excuse me. – Being up on Kitties andthe scalable the questions and, you know, Flow, andthere’s tons, there’s tons of innovation going on on this. So, Ethereum scaling matters scare me less than they did six months ago. – Hmm. – Because I getting enough notion that if it doesn’t, it doesn’t mean all the assets go to zero.- Right. – And I’m a person that doesn’t have the skillset nor to be honest, the interest on how the concrete and steel is offset. I like designing the office. – Hmm. – Got it? So I try to stay trained fairly that I can speak to the way I’m speaking to you where I’m hazardous, right. I can be a little dangerous but I’m not the person that’s gonna are talking here about the technical underpinnings at the level that so many others can. What I invest my passionand experience and skillset on, is the human dynamicson top of those things. Now I don’t want to getcaught with my heaves down which is why I try tostay knowledgeable-ish, but to speak aboutscalability of Ethereum, that is above my remunerate evaluate.( Darren chuckles) – I various kinds of envision in my view, that we’ll get to a station where there’s a stage of interoperability, that you know, perhaps these tokens are moving from one chain to another.( clears throat) I make, there is obviouslya technical challenge now. – I think that that is something that is in thebest interest of everyone, thus meets me think likely.- Well, on the flip side you could say, well, maybe it’s morelike the Beta max VHS situation where VHS predominated because it simply was the onethat was more widely used. And you know, you were able to makethat proof for Ethereum. – I think you could, but the quicken of technologyadvancements are so different today compared to what it would have taken for a third, you are familiar with, cool. But that was a one-on-one battle. If the rush and costs associated with innovating back then in that game, might’ve led to something announced PS-nine, which ought to have been destroyed VHS.- Sure. – And I think that’s how I look at a Flow had the comfort ofknowing what Ethereum was. – Right. Yup, what do you thinkof the whole, you know kind of there’s these, you know kind of curated backgrounds for galleries and then there’s the ones thatare various kinds of the wide open. Like where do you findyourself drawn to the most? – Neither and both. – Hmm. – To me both will succeed of whomever winnings. Right, so you will havemeaningful musicians in both. – Okay. – And then I think you’ll have accentuating technologywhere people like myself and others can do it on their own domain and just have the underpinnings of the capabilities within it.- Hmm! Let’s wreak it to your background a little bit here. What do you think it is about this, you know, you talkedabout it a bit previously, but you know you’ve talkedabout your childhood. What is it about your childhood like that really clickswith it, you think? – That’s a great question. You know, my mother’s side of the family has a very heavy leaningtowards storytelling. They’re just like funny Russian uncles who get drunk and story-tell, and I’m like, okay that’s something,( exhales) being an immigrant and learning how to speak English by watching “Scooby-Doo”, “Batman”, the “Adam West”stuff and “The Hulk”, the movie staff, you are familiar with, the TV organization Tv reveal, “Dukes of Hazzard”, like a lot of seventies and eighties IP coached mehow to speak the language. And I see cementedmy Americana, you are familiar with. Being a broker coach, you are familiar with I think this is just the modern stones and rubies and you are familiar with, like golden. I would’ve probably been a great character in the gold rush, you know? And so DNA and environment of like I do belief theimmigrant can’t speak English.These are the thingsthat taught me English and they’re all IP, probablyhas something to do with it. I can’t really unwrap it, sugared pickles- – But there’s a ease youfind in that in a sense. – Yeah, for certain. And then I maintained it. Like I adoration garage selling my entire life and buying toys and records and beakers and T-shirts up IP happy days, more Mork and Mindy.Like I just ever tended to nostalgia Americana IP, that shit. – Yeah, yeah. Very interesting. Different question solely. Wholly kind of a– Please. – Bit of a displacement now, you are familiar with I fantasize a lot about how this will change the mode economies work on a kind of a macro flake, you know. Any thinks on that inregards to, you know. – Big time. – You know, it’s kind of changing the method we, we transact. – I visualize I will become a central bank. – Hmm! – I speculate humans will have economies built around them because ofaccess and metadata. – Hmm! How does that workin our current system without there being a huge conflict? Or is that inevitable? – I convey, if you’re going super macro with me around like cryptocurrency and NFTs versus, youknow, monarch nations.- Which is like say, Fiat money versus- – Oh, I think it’s a, Ithink it’s a big, big cheese. – Yeah. – I think that there’sinevitable regulation that is overbearing and it will depend on how bigthe movement is at the time to see what the counter-reaction is. I entail, I fantasize the stakes are high. If you believe that Bitcoin earns, then you believe in the massive deficiency of leveraging of monarch societies. – Hmm. Or that they just rush in and they try to have their own little hash campaign going on and try to- – They’re going to do that. – Get as much as they can, right.If they are– They’re going to do that. – I imply, Germany I feel likeis my prediction to go first. Like I envisage oh they’re gonna. They’re gonna have to– Why German in particular? – By the path, when I say ended instinctive wild guess of like, I always think about who’s incentivized, but big enough. – Hmm. See,’ case I would lean towards say something like say Iran or something like that. – They already kind ofhave their own control if you think about it, if you think of Germany as a major player in Europe where Europe is now kindof like a third actor in the world countries behind the US and China, it’s almost like they’re incentivized to do a move to almost like re-energize, you know, effect don’t forget, that’s the part of theworld that was number one.And I ever think there’ssome underscore pressure when you use your recognize, I guess America losing to China in that global leader over the next hundred years will be like an interesting underlining resentment the behavior that London andGermany look at the US. And so I dunno, I’ve always had this weird feeling in my owngame of chess in my heading that if there was aplace that would do this first and most meaningful, but that was big enoughto actually matter. So that’s always been my sizzling patrons. – Are they competent enough to fight it? – I don’t know. I genuinely don’t. – I often wonder. – I mean- I just know, – I be seen a trafficlight arrangement make, you now 2 months to get installedin my vicinity I don’t know if they are able to fight this.- Yeah, well that( Darren laughing) that is a really good point. In actuality , no. In happen a rule that acquires things illegal that they are able to spawn our foreman rotate, yes. – Hmm. Well, and that can cause harm. I don’t know if it stops. I don’t think it can be stopped. – Yeah. I think you’re probably right. I think it’s like alcohol. You can do prohibition but make preparations for the ramifications -( laughter) And be prepared for parties to still be destroying booze. – Correct.( Darren laughing) – Yeah, all right. Talk about your hopes. I symbolize, you didn’t, couldn’t give a lot of detail there about your activities, but you know, what do you identify? What are you hoping happening here over the next year herewith your experience in the NFT world, with your experience in NFT art, what are youhoping to see happen? – By far, my reaction to that question is the 13 to 27 relationshipsI make in this next year.That mirror, the ones I obliged in 2006 like the Kevin roses and the MSGs and the Travis and theSockers and Dave Morin’s and you know, time these real relationships. Mike, you know Lazarus and Belsky like these real, real, real alliances. I thoughts I’m gonna stir some of my best friends in mylife over the next year. – That’s awesome. I know for myself, you know, merely meeting local communities I’ve made some awesome friends that, you know we connect on a daily basis, you are familiar with. – This is going to be a year that I reach some best friends. – That’s awesome. Anything, any last wordsyou wanna wrap up with? I know you’re kinda tight on time.I’m guessing you are a pretty busy guy, so – Yes, I obviously be understood that. I is absolutely, that I’m grateful that I’m available. That I’m intellectually generous. I was so gifted withthe ability to get mine that I ever, that I’ma person that believes in like abundance. So if there’s anything Ican be a help to anybody. I think everyone can win.And to be thoughtfulon the investing feature. I do imagine people need to be very careful. There’s gonna be a trillion jobs and there’s only so much demand. And right now a lot of the demand is from parties that arefinancially incentivized. They don’t really be concerned about it. They’re gonna buy this thing’ cause they think in a weekit’s gonna be this much. And that’s okay. I don’t judge that. I’m an financier, I’ma capitalist, you know in the good sense of the world meaning I want it to be fair. That’s why I cherish a great deal about this. I think it’s unadulterated capitalism.Like there’s, it actually, a game of who is goodnot let’s rig the game. And so- – It’s a meritocracy, yeah. – It’s a meritocracy, that’s such a good point. I precisely would tell peoplelike be musing because when it strikes, when it sounds or it goes down, you know, it’ll hurt, it’ll be fast. It’ll be hard to liquidate. There’s not enough underscore demand to carry what’s going on. And so you have speculation at proportion. Buy what you like or genuinely do homework on things you genuinely believe are gonna work. For illustration, every great IP, Darren that’s about to come out, whether it’s “Star Wars”, or “Star Trek”, or “Alf”, or “Smurfs” or whatever, right.I’m gonna regard very carefullyon how they built it. You know, because I can’t just say, oh the Pokemon thing is gonnacrush’ cause it’s Pokemon. If it’s sloppy and not astute, the dynamics won’t play out to make it a good quote-unquote investment. – Yeah, yeah. Well then you just have a repeat of the ICO thing we ensure. – This is gonna be a big ICO moment, just so you know, this will be that the shit-coin like world is there’s gonna be an ungodly sum of NFTs that sell for a lot inthe first three months and go to very small places. So compensate very close attentionto who’s behind it. For sample, for me what I’m gonna do is gonna be with me to the die I die, which gives me tremendous confidence in the economics around that ecosystem back to economies around people.Unfortunately, I recollect a lot of people that have my leverage ofawareness and audience, I think are gonna go for the quick 3, 4,$ 5 million composition. And I think that’s gonna hurt them and it’s definitely gonna hurt their love. And I urge parties to be musing as they continue to navigate specially these next 24 months. But these next 24 times in NFT are gonna be remarkable. – Yeah, a 100%. Hey, I certainly appreciateyou taking this time and I’m looking forward to your podcast.I hear you’re doing it with somebody else in my society next week. Now I don’t wanna give awaytoo much about that hitherto.’ reason I’m not sure if he’s even said, but I’m roused to hear that as well. And I truly appreciate youtaking the time to do this. I symbolize, of all thethings you could be doing with your time right now, why is it that, you know, this is what you’re doing. I’m curious. – I like beings that are authentic to the thing that I’m provoked about. – Hmm! That’s awesome. – It could be a lot of thought people who are gonna affected me a little bit. It’s already happened. There will be a lot of super prominent super rich, super leveraged, super tactical beings. There’s all the naturalpeople that I’m friends with that are also in, andthose are real ties-in but there’s something important to me that if I go into someone’s home, I are willing to elite and therules are take your shoes off.I wanna take them off. So that’s somewhere else the other day. And it kind of feels that way to me. I want real alliances, real rapports. I want to be in this communityfor the rest of my life. And the only way I knowhow to do that is to be … Is to create cost. I is a well-known fact that in real life, that my expression on your podcast for you gives you leverage to domore with your podcasts. And I want that for you. – I be understood that. – And the number one asset that I can, the number one asset I protect is time. – Hmm! – So to me, writing, being a $ 5,000 patronize of your podcast is a hell of a lot less meaningful oflike me knowing the truth than me apportioning this time.- Right on yeah.- And so that’s- – I’d be okay with that very.( both laugh) – We can have that convo very. Anyway, my friend thank you for your time. I gotta feed. – Right on. Thank you very much.- Bye there. – Thank you so much.- Take care. – See you in the cliques. I are looking forward to devote realtime in person as well. – Awesome. – Take care- Cheers. Where do “were living”? – I live in Alberta, Canada. – Love it, love it. I actually- – I cherish New York though. I had tickets booked. I had hotel booked.I had tickets for Hamilton booked. I was all ready with my spouse to come out there for a few weeks. – Gonna be going on lot of conferences. So I’m sure we’ll be synced.- Oh man, I was crushed. Bye, Okay.- Cheers. – Take care. – YouTube watcher, what’s up, it’s GaryVee. First of all, thank you so much. I hope you’re doing superwell during these periods. I also wanna ask you please subscribe because my commitment and expedition of YouTube is about toexplode narratives, polls more contact, more engagement, more surprise and satisfaction. This is the time to subscribe. I hope that members can is. And I hope I see you soon.

As found on YouTube

Get in touch for your NFT project

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like