Why Everything Will Become an NFT | Andrew Steinwold and John Crain
In this episode of Empire, Jason and Santiago are joined by Andrew Steinwold Managing Partner at Sfermion & John Crain CEO of SuperRare Labs. Andrew & John saw the potential of NFTs years before most in 2018, just after Crypto Kitties broke the Ethereum blockchain. We decided to invite them to Empire to discuss the explosive growth in NFTs throughout 2020/21, how the industry has developed since their introduction around 2018 and what is the future for the NFT market.
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Is the Metaverse Already Here? Two Experts Disagree - Ep.282
Andrew Steinwold, managing partner at Sfermion, and John Egan, CEO at L'Atelier BNP Paribas, discuss NFTs and debate the characteristics of the metaverse. Show highlights:
their backgrounds and how they got into NFTs
how they each define the metaverse
what NFTs have to do with the metaverse
how John and Andrew’s depiction of the metaverse differs
what John thinks about Facebook’s entrance into the metaverse
whether Second Life is a metaverse game
how blockchain technology allows for an open metaverse (and why Web2 is “communist”)
what NFTs currently unlock for the metaverse
whether the metaverse will necessarily have to be experienced through augmented reality
whether there will be multiple metaverses across different blockchain platforms
why John thinks NFT maxis and crypto maxis are destined to clash
how the metaverse is changing how people generate income
how to make the metaverse more accessible
whether regulators will force the metaverse to be siloed
how the metaverse will handle jurisdictional disputes
what happens when someone’s Web3 avatar/identity is stolen in the metaverse
what John and Andrew predict will happen in the metaverse over the next 6-12 months.
Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021
Nodle: http://nodle.io/unchained
NFT Research
John Egan
Twitter:
https://twitter.com/iamjohnegan
Website:
https://www.iamjohnegan.com/
LinkedIn
https://www.linkedin.com/in/johndegan/
Content
NFTs are like gambling, but could be the bedrock of virtual economy
https://decrypt.co/62809/buying-nfts-like-gambling-in-a-casino-analyst
Wired article on NFTs
https://www.wired.co.uk/article/crypto-tokens
L’Atelier
NFT Content
How NFTs are changing ownership
https://atelier.net/insights/nfts-art-ownership-collecting
The Virtual economy
https://atelier.net/virtual-economy
Real estate NFTs
https://atelier.net/insights/tech-real-estate-nfts-tokenisation
Metaverse Content
Unified coms vs. the Metaverse
https://atelier.net/insights/unified-communications-metaverse-tech
Primer on the metaverse
https://atelier.net/insights/primer-define-metaverse-fortnite
Digital anthropology
https://atelier.net/insights/nathalie-bechet-digital-anthropology
Andrew Steinwold
Twitter
https://twitter.com/AndrewSteinwold
LinkedIn
https://www.linkedin.com/in/andrew-steinwold/
Blog must-reads
A quick overview of the NFT ecosystem
https://andrewsteinwold.substack.com/p/-quick-overview-of-the-nft-ecosystem
NFTs will introduce the world to crypto?
https://andrewsteinwold.substack.com/p/nfts-will-introduce-crypto-to-the
Why functional NFTs will gain value slower than crypto art
https://andrewsteinwold.substack.com/p/-the-promise-effect-why-functional
History of NFTs
https://medium.com/@Andrew.Steinwold/the-history-of-non-fungible-tokens-nfts-f362ca57ae10
NFT Value Drivers
https://andrewsteinwold.substack.com/p/-nonfungible-token-nft-value-drivers
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SotN #38: The State of NFTs, with Andrew Steinwold (Past, Current, and Future)
Andrew Steinwold is a respected voice in the NFT space and is managing partner of Sfermion, an NFT-native investment firm.
We unpack the recent NFT boom and digest the innovation, successes, failures, and lessons in the space as we reflect and move forward. ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS: http://bankless.cc/consensus2021 ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ GO BANKLESS WITH THESE SPONSOR TOOLS:
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📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta ------ SotN #38: The State of NFTs, with Andrew Steinwold (Past, Current, and Future)
When Andrew was last on Bankless for 'The Bull Case for NFTs' in September 2020, the Nation was introduced to NFTs as an ocean of opportunity for democratizing value. The landscape for NFTs has changed drastically in the last 6 months, but Andrew's approach has remained generally similar.
Andrew updates us on his expectations on the future of NFTs in the context of the current boom. He addresses the notion of the 'NFT Bubble' and the blurred distinction between memes and value. We dive into Proof-of-Work vs. Proof-of-Stake and what makes for a genuine NFT – in terms of both content and distribution.
Through the trials of this cycle, we have found many NFT-specific insights and lessons. Andrew explores the successes and failures of experimentation in this space. We highlight Cryptopunks, which boasts an organic release, being the first of its kind, and mass community adoption.
------ RESOURCES:
The Bull Case for NFTs https://newsletter.banklesshq.com/p/the-bull-case-for-nfts-jake-burkhman
Andrew on Twitter https://twitter.com/AndrewSteinwold?s=20
Zima Red - Andrew's Podcast https://andrewsteinwold.substack.com/
Sfermion https://www.sfermion.io/
------ THIS WEEK ON BANKLESS
🗞️ Weekly Rollup (3/12): https://shows.banklesshq.com/p/rollup-march-2 🧢 Weekly Action Recap (3/13): https://newsletter.banklesshq.com/p/weekly-action-recap-683 🛠️ Trading Synthetic Stocks (3/9): https://newsletter.banklesshq.com/p/how-to-trade-synthetic-stocks 🏴 State of the Nation | 3LAU (3/9): https://youtu.be/5KY9W3Ybmdc ✏️ The Digital Culture Revolution: https://newsletter.banklesshq.com/p/defi-options-strategies-for-traders ⚫ The Case for $100 SUSHI: https://newsletter.banklesshq.com/p/the-case-for-100-sushi 🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
32 - The Bull Case for NFTs | Jake Burkhman & Andrew Steinwold
September 28, 2020
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----- 32 - The Bull Case for NFTs | Jake Burkhman & Andrew Steinwold
There's something bubbling under the surface with NFTs. A lot of really smart people are starting to make a lot of noise about the coming wave of NFT explosion.
But what are NFTs exactly?
What can we do with them?
Are they really all that unique?
What is so powerful about a Non-Fungible Token?
Jake Burkhman, founder of CoinFund, is particularly bullish on this sector of Ethereum.
Andrew Steinwold, host of a podcast exclusively dedicated to NFTs, thinks that the world of NFTs will dwarf the world of DeFi by orders of magnitude.
What makes these two individuals so optimistic about NFTs? Listen to find out! ------ Resources: Bankless articles:
The First $100M in NFTs https://bankless.substack.com/p/the-first-100m-in-nfts Democratization of Value https://bankless.substack.com/p/the-democratization-of-value How to make money selling Digital Art https://bankless.substack.com/p/how-to-make-money-on-digital-art Listen: Andrew Steinwold's Podcast: Zima Red https://anchor.fm/andrew-steinwold
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----- Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Do your own research.