NFTs, Explained

The a16z Show

a16z

Entrepreneurship, Culture, Disruption, Innovation, Science, Software Eating The World, Business, Technology

4.2 • 1.2K Ratings

🗓️ 25 November 2021

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

with @jessewldn @ljxie @smc90 Everything you need or want to know about NFTs (or to help others understand NFTs.) Cuts through the noise to share the signal: covering what NFTs are, the underlying crypto big picture, and then specifically what forms they take; addressing common myths and misconceptions from “just a JPG” to the question of energy use; sharing briefly how NFTs work; providing a quick overview of the players/ ecosystem; and throughout, discussing various applications too. This episode was originally released in March 2021.

Transcript

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0:00.0	Hi everyone. Welcome to the A6 and Z podcast. I'm Sonal. We have some special new
0:05.1	episodes coming for you soon in our new season, but given all the activity and
0:09.5	interest recently in crypto and web 3, as well as holidays and upcoming art events, we are re-running
0:15.2	our episode All About NFTs from nine months ago, back in March in case you missed it.
0:20.3	You can also find a curated list of resources to learn all about NFTs at future.com slash
0:25.6	NFT Cannon. That list and this episode has something for everyone from artists and
0:30.0	creators and other builders to big companies and institutions or just anyone seeking to
0:34.4	understand or even just explain to others and FTS. If you're also interested in DAWS,
0:39.0	which we touch on briefly in this episode, we just recently published a list of readings all about Dao's.
0:45.1	It's for anyone seeking to understand, build and otherwise get involved with these decentralized
0:50.1	autonomous organizations which represent the future of community coordination
0:54.4	work and much more. So we've curated resources for people at different levels of
0:58.5	interest from dipping one's toes in to going deep. You can find that at
1:01.9	future.com slash Dow, that's DAO canon.
1:05.0	Again that's future.com slash dowel canon and future dot com slash nFT canon.
1:09.5	And now onto this episode we cut through all the noise around NFTs to share what precisely
1:15.6	NFTs are, as well as the underlying crypto big picture, before we dig into specifically
1:20.6	what forms they take, then we cover common myths and misconceptions,
1:24.5	from confusing overlaps with other concepts
1:27.1	to tackling commentary like it's just a JPEG
1:30.0	or that it's just hype
1:31.4	to addressing the question of energy use.
	...

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