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CoinDesk Podcast Network

GEN C: The Accessibility Layer of Web3 With Fonz, Founder and CEO of TokenProof

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 27 December 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

Hear how TokenProof is making Web3 safer while bringing utility, identity and access points to brands and NFT communities for live events around the world.

This week’s guest is Fonz, Founder and CEO of TokenProof. Hear how TokenProof started and why the growing platform is the chosen method of ticketing and wallet identification for events from NFTNYC to Art Basel to brand activations large and small.

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From our sponsor:

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code GENC to get 15% off your pass. Visit coindesk.com/consensus

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"Gen C" features hosts Sam Ewen and Avery Akkineni, with editing by Jonas Huck. Executive produced by Jared Schwartz and produced by Adrian Blust, Uyen Truong and Eleanor Pahl. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Gen C.

0:10.0

Gen C is Generation Crypto.

0:11.0

These are the people who are raised on a different philosophy, on how they look at money, how they look at identity, how they look at privacy,

0:17.0

and how they reimagine their relationships with the communities and companies they interact with.

0:21.6

We focus on how Web 2 and Web3 brands are building for these audiences. I'm Sam Ewan from

0:26.3

Coindesk, and our co-host is Avery Akkenini from Vayner 3. Avery, where are you and how are you?

0:32.0

Hey there, Sam. I am doing great. It has been a fast and furious end to the 2022 year. And I'm in Hyderabad, India,

0:40.0

actually, just wrapping up a couple things before we put a bow on 2022. How about you?

0:45.2

Amazing. I am in Flatiron getting ready for this crypto winter apocalypse that's supposed to hit

0:51.0

weather-wise here in New York City, which I'm not prepared for. but also very much looking forward to a little bit of downtime as we wrap up the year.

0:59.0

I thought it would be great for us to do a little bit of an open conversation around

1:04.0

kind of where we're going for this year.

1:07.0

So the first thing I want to talk to you about is we are seeing that sales in the NFT side are pretty down.

1:12.1

There was an article that I read that I shared with you that said that Christie's NFT sales

1:16.7

fell 96% in 2022. Now, granted, 2021 was skewed by a single $69 million be able auction that really

1:25.5

set the tone for last year. But what do you think brands

1:28.8

should take away from the fact that both the audience size and the sort of transactional volume

1:34.9

is so down right now in the NFT side, at least from a financial perspective. What's your take on that?

1:40.4

There's no doubt that NFT sales are down really sharply year of year, especially when you're looking at something that was a real anomaly year,

1:47.6

which I think we saw in parts of the fine art market.

1:50.5

What I think is probably the more interesting part of that is the fact that Christie's

1:54.4

is continuing to develop their presence in the world of NFTs and Web 3,

...

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