The Current State of the NFT Market with Garyvee
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 5 October 2022
⏱️ 49 minutes
🧾️ Download transcript
Summary
Garyvee joins us to discuss what the current state of NFTs is, what's he been up to since his 1st Bankless appearance, and huge news coming out of Gary's project, VeeFriends!
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Timestamps:
0:00 Intro
4:18 What Gary's Been Up To?
14:00 What Makes an NFT Work
17:07 Surviving the Bear Market
20:27 All-in On NFTs
21:35 Speculation
23:00 Bigger Companies Entering
28:17 Huge VeeFriends Announcement
33:04 VeeFriends Community
34:15 NFT Project Advice
36:40 What Still Needs to be Built Out?
40:08 Being Quiet
44:40 Building Mode
45:55 Crypto Currencies
47:20 Closing & Disclaimers
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Resources:
Garyvee
https://garyvaynerchuk.com/
VeeFriends
https://veefriends.com/
Gary's 1st Bankless Appearance
https://youtu.be/XrQHwjqCsDw
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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.
Transcript
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| 0:00.0 | Thankless Nation, welcome to another state of the nation episode. |
| 0:05.6 | The question on the menu today is, are NFTs back? |
| 0:09.4 | David, they had a fantastic week last week, but they've been down pretty bad recently, |
| 0:14.6 | and we have brought the perfect guest on to talk about the future of NFTs, Gary Vee, |
| 0:19.3 | Gary Van Ducch, which launched one of the most successful NFT projects that have been |
| 0:23.8 | launched today. |
| 0:25.3 | It's a project called V Friends. |
| 0:26.8 | He was here a year and a half ago, and he actually announced the launch of V Friends, |
| 0:32.7 | partially on the Banclist podcast. |
| 0:34.5 | We wanted to regroup with Gary and talk a little bit about the future of NFTs. |
| 0:39.0 | David, what should listeners look out for in this episode? |
| 0:41.6 | Which they paid attention to, and why are we talking about this now? |
| 0:44.7 | There's two worlds of the NFT world. |
| 0:46.8 | There are the internal two crypto NFT projects, and then there's the creators out there who |
| 0:51.5 | are leveraging this new technology to express themselves to their communities and interact |
| 0:56.7 | with their communities in brand new ways, and that is really the frontier that Gary is |
| 1:01.5 | pioneering. |
| 1:02.5 | How to have NFTs as a communication vehicle between him and his very engaged fan base. |
| 1:09.1 | And so as NFTs have changed from the mania of 2021 that was to the current build market |
| 1:15.2 | that is of 2022, we want to pick Gary's brain as to what it's like to be an NFT creator |
| 1:21.0 | in the era of 2022 NFTs. |
| 1:24.0 | So that's what I am paying attention to is how to leverage NFTs to engage with your |
... |
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