4.8 • 689 Ratings
🗓️ 4 September 2021
⏱️ 11 minutes
🧾️ Download transcript
Is it the insane growth in prices, the wild community world building, or both?
This episode is sponsored by NYDIG.
On this edition of the Weekly Recap, NLW looks at Loot (for Adventurers), the newest NFT sensation. Unlike the “JPEG” or Avatar NFTs, Loot bags are sets of theoretical items for a theoretical game set in a theoretical fantasy world. Created by one of the co-founders of Vine, Loot absolutely took off this past week, racing to be one of the most traded NFTs, and attracting thousands upon thousands of people to start creating the world around those items. NLW explores what it means for the NFT space specifically and for the competition between digital and physical worlds more broadly.
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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features NLW, with editing by Adrian Blust. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Lorado/E+/Getty Images Plus, modified by CoinDesk.
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0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
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0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
0:34.4 | that transport you from the very first word, because the next great |
0:38.2 | adventure is just a listener way. |
0:40.8 | Start your free 30-day trial at audible.com slash Wondery UK. |
0:45.6 | That's audible.com slash Wondery UK. |
0:53.8 | Welcome back to The Breakdown with me, NLW. |
0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
1:05.9 | The breakdown is sponsored by Nidig and produced and distributed by CoinDesk. |
1:12.4 | What's going on, guys? It is Saturday, September 4th, and that means it's time for the weekly |
1:17.5 | recap. Now, the weekly recap is a very loose heuristic for what a show is supposed to be. |
1:23.9 | Sometimes I really do a true weekly recap where I look at four or five different areas. |
1:29.0 | Sometimes it's just a topic that was important but didn't fit into a show throughout the week. |
1:34.1 | This is the latter version of that. |
1:36.2 | Today we are talking about dungeons and DGens and why everyone is talking about loot. |
1:43.1 | Last weekend, Dom, one of the founders of Vine, announced loot. He tweeted, innocuously enough, |
1:49.4 | text-based fantasy crypto loot. Use your imagination to play, and maybe a smart contract, |
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