How NFTs Are Revolutionizing How Creators Make Money - Ep.220
Jamie Burke, CEO of Outlier Ventures, and Mason Nystrom, a research analyst at Messari, discuss the NFT craze that has enveloped the crypto world over the past few weeks. In this episode, they talk about: their backgrounds, and how they became...
March 16, 2021
1 hr 21 min
220
Full
231 of 1,186
Episode 220 · March 16, 2021
How NFTs Are Revolutionizing How Creators Make Money - Ep.220
0:00 / 1:21:57
Excerpt playback isn’t available for this episode — use the full-episode link.
Search the Record
Moment search isn’t open for this episode yet
When it opens, you’ll be able to type any phrase and jump straight to the second it was said.
Tom Emmer Episodes Around March 16, 2021
Episode 231 of 1,186 — walk the feed in the order it was published.
1:21:57This episodeHow NFTs Are Revolutionizing How Creators Make Money - Ep.220
Summary
Jamie Burke, CEO of Outlier Ventures, and Mason Nystrom, a research analyst at Messari, discuss the NFT craze that has enveloped the crypto world over the past few weeks. In this episode, they talk about:
their backgrounds, and how they became involved in crypto (1:19)
the major catalysts -- specifically Beeple and NBA Top Shot -- that have brought NFTs into the mainstream (5:29)
why NFTs are a “megatrend” and not just another ICO-like bubble (13:35)
how to explain non-fungible tokens to normies (18:06)
what someone is actually purchasing when they buy an NFT (24:46)
the reasons behind NBA Top Shot's success and why it is so difficult to withdraw money from its platform (36:27)
the best way to scale NFTs and why Ethereum, despite severe storage limitations, will most likely remain the most popular blockchain on which to mint NFTs (41:44)
why the gaming, fashion, and music industries will be disrupted by NFTs (49:37)
when the current subscription-based business model for content creators will transition to the ownership economy (55:10)
the differences between the marketplaces and platforms that make up the NFT economy (57:06)
whether NFT valuations will go to zero and the challenges of appraising digital art (1:03:39)
their predictions for the market capitalization of NFTs by the end of 2021 (1:15:23)
Thank you to our sponsors!
Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021
Square: https://square.com/go/unchained
Episode Links:
Jamie Burke
Twitter:
https://twitter.com/jamie247
Outlier Ventures:
https://twitter.com/OVioHQ
Content:
the open metaverse: https://outlierventures.io/research/the-open-metaverse-os/
100xARt: https://art.art/blog/jamie-burke-and-100xart-a-true-story-of-the-rising-art-order
podcast: https://outlierventures.io/podcasts/
Mason Nystrom
Twitter:
https://twitter.com/masonnystrom
Messari:
https://messari.io/
Content:
NFTs as an investment strategy: https://twitter.com/masonnystrom/status/1310942572429312010
evolution of content: https://twitter.com/masonnystrom/status/1361692703025729536
psychology of crypto art collecting: https://twitter.com/masonnystrom/status/1365028848509870080
the current state of NFTs: https://twitter.com/masonnystrom/status/1363283887691038720
NFT Sales Mentioned