Web3 may help AI scale beyond what it is today, says Outlier Ventures CEO
Jamie Burke is the Founder and CEO of Outlier Ventures — a Web3 accelerator program for projects that align with Outlier's vision for an open metaverse. Despite adverse market conditions, Outlier Ventures assisted 89 Web3 startups in 2022.
In this episode, Burke examines the state of the metaverse today and explains how Web3 infrastructure can enhance AI's development and scale.
Outline of the discussion:
1:59 - Is the Metaverse Dead? ☠️
7:11 - The Metaverse Under Attack 💥
14:36 - Regulation and the Metaverse 🧑⚖️
19:22 - Principles of Web3 🌐
24:17 - Web3 Social
26:48 - Identity and Web3 🛂
31:13 - AI and Web3 🤖
39:30 - ‘Composable Creativity’ 🎨
Guest links:
Jamie Burke on Twitter
Outlier Ventures Base Camp
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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 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
Beeple: https://www.cnn.com/style/article/beeple-first-nft-artwork-at-auction-sale-buyer-intl-scli/index.html
Previous Unconfirmed interview with Beeple: https://unchainedpodcast.com/beeple-on-how-and-why-he-raked-in-3-5-million/
Taco Bell: https://www.theverge.com/2021/3/8/22319868/taco-bell-nfts-gif-tacos-sell
3LAU: https://edm.com/gear-tech/3lau-record-breaking-nft-sale
Jack Dorsey Tweet: https://v.cent.co/tweet/20
Kings of Leon album: https://www.maxim.com/entertainment/kings-of-leon-releases-album-in-nft
NBA Top Shot: https://www.actionnetwork.com/news/nba-top-shot-blockchain-nba-highlight-marketplace
NFT Guides
New York Times: https://www.nytimes.com/2021/02/22/business/nft-nba-top-shot-crypto.html?utm_source=morning_brew
DappRadar: https://dappradar.com/blog/what-are-non-fungible-tokens-nfts
Andrew Steinwold: https://andrewsteinwold.substack.com/p/-quick-overview-of-the-nft-ecosystem
Decrypt: https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain
CoinDesk: https://www.coindesk.com/nfts-became-art-everything-nft
Miscellaneous Links:
Chris Dixon blog: https://a16z.com/2021/02/27/nfts-and-a-thousand-true-fans/
NFT market cap: https://nonfungible.com/market/history
Outlier Ventures decentralized accelerator program: https://outlierventures.io/base-camp/
Top NFT marketplaces (DappRadar): https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain
Jesse Walden’s “Ownership Economy”: https://variant.mirror.xyz/T8kdtZRIgy_srXB5B06L8vBqFHYlEBcv6ae2zR6Y_eo
Flow blockchain: https://www.onflow.org/primer
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