32 - The Bull Case for NFTs | Jake Burkhman & Andrew Steinwold
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 28 September 2020
⏱️ 108 minutes
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Summary
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!
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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.
Transcript
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| 0:00.0 | Welcome to Banless, we explore the frontier of Internet money and Internet finance. |
| 0:19.4 | This is how to get started, how to get better, and how to front run the opportunity. |
| 0:23.0 | This is Ryan Sean Adams. |
| 0:25.0 | I'm here with David Hoffman, |
| 0:26.0 | and we're here to help you become more bankless. |
| 0:29.0 | David, how are you doing today? |
| 0:31.0 | Particularly bullish on NFTs today. |
| 0:34.6 | I don't know why, but I just feel that way. |
| 0:36.9 | Yeah, me too. |
| 0:38.1 | This was definitely a bullish episode. |
| 0:39.8 | We kind of cover NFTs from soup to nuts, |
| 0:42.4 | like starting with what they are and why they're |
| 0:44.5 | valuable and like getting into the psyche of collectibles and why humanity has valued those |
| 0:49.6 | for thousands of years. |
| 0:51.6 | So what were some of your takeaways? Yeah, I think my biggest |
| 0:54.4 | takeaway is like when we talk about a theory and we talk about D-Fi we talk about all |
| 0:58.0 | these crazy new things that we are building, it's easy to forget that we are often rebuilding things. are we are just taking the old paradigms, the old primitives, and redeploying them on |
| 1:15.5 | ethereal. And NFTs, the conversation around NFTs is very salient around this. |
| 1:21.1 | Like humans have been collecting |
| 1:23.4 | NFTs for as old as time, right? We just didn't call them |
| 1:27.5 | NFTs. We call them other things. So if you collected |
| 1:30.5 | Pokemon cards when you were a kid if you played Ughio |
... |
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