NFT Mania! | Andy8052 & DeeZe (SotN)
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 25 August 2021
⏱️ 94 minutes
🧾️ Download transcript
Summary
The NFT Boom rages on. We bring on Fractional team members and CryptoPunk holders DeeZe and Andy to make sense of all this.
Is this just the beginning? Is this a speculative mania? Maybe it's something more. This could be the genesis of a new set of passionate communities, where culture has a quantifiable value.
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Topics Covered:
0:00 Intro
10:00 Andy & DeeZe
13:15 jpeg Summer
17:20 NFTs vs. DeFi Tokens
21:14 What Started This?
26:17 The Fundamentals
29:48 Mania or Bubble Territory?
34:03 NFT Evaluation 101
41:43 Getting Things You Like
44:38 Mimetic Desire
50:00 Art Blocks and Generative Art
55:44 Auctions & Pricing
59:47 Fidenza
1:04:01 The Next Picasso
1:11:00 The One-of-One Game
1:17:14 On-Chain NFTs
1:21:07 Vetting Projects
1:26:59 How Long Will This Last?
1:30:53 Closing & Disclaimers
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Resources:
DeeZe on Twitter:
https://twitter.com/DeezeFi?s=20
Andy on Twitter:
https://twitter.com/andy8052?s=20
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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.
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Transcript
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| 0:00.0 | Hey guys, welcome to another bankless episode. We've got state of the nation here for you |
| 0:18.9 | today. David, we are talking about NFT mania today and what a perfect route to talk about |
| 0:24.5 | it because it does feel like something's going on. Something big is going on with NFTs. |
| 0:29.6 | I'm amazed at how fast NFTs have taken off and to such heights so quickly, pretty unbelievable. |
| 0:37.0 | What are we going to be talking about today? Yeah, we actually had to completely reorg the |
| 0:41.0 | schedule for the show today. We actually were going to have Hayden from Unisrop but we actually |
| 0:45.7 | kicked him out down the line for a future state of the nation because this week is all about NFTs. |
| 0:52.6 | It is NFT week. It was NFT week last week. It was NFT week the week before and just the |
| 0:59.0 | momentum behind NFTs has not stopped. We are bringing a previous guest of the show Andy |
| 1:05.2 | 8052 who is the founder of the fractionalized platform which fractionalizes NFTs |
| 1:10.8 | and his community manager at fractional which is who's called Adiz and these guys are they both |
| 1:18.6 | have their bios as NFT degens and so they were both DeFi maximalists turned NFT maximalists |
| 1:25.6 | and so they have been paying attention to the NFT markets which is what we need to figure out |
| 1:30.3 | what the hell is going on in the world of NFTs. I kind of feel like I need this episode David |
| 1:36.0 | in my life because I feel like someone of an NFT boomer. I've known about NFTs for a long time. |
| 1:43.2 | It's hugely bullish on the asset class but haven't really dug deep down the rabbit hole. |
| 1:49.0 | Still can't wrap it around it. Well, it's kind of hard and you have to have a passion. I'm |
| 1:53.9 | looking at all of these markets on OpenSea. I'm trying to figure out hey, what's the next big |
| 1:58.4 | project? How do you even evaluate these projects? What does it take? So I'm hoping to ask Andy and |
| 2:03.0 | D's some of these questions just to get them out of the way. You know what's super cool here David |
| 2:07.8 | is like with crypto there are so many cohorts that have done really well. So in the early stages |
| 2:15.4 | you had to make kind of bets on based monies like Bitcoin and ETH and do well that way. Then you |
... |
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