The NFT Episode: How Logan Paul made $5million selling air

The Colin and Samir Show

Colin and Samir

Business

4.9 • 665 Ratings

🗓️ 1 March 2021

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this episode of The Colin and Samir Show we explore the world of NFT's (Non Fungible Tokens) and talk to some experts to get to the bottom of what exactly NFT's are and if creators should think about getting involved with them. We also explore how Logan made $5,000,000 selling his own NFT's. Watch the episode on YouTube: https://youtu.be/ar7jYfOfj7I Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Last week, Logan Paul made over $5,081,490 selling digital trading cards of himself known as NFTs.
0:09.0	About NFTs, NFTs, non-fungible tokens. That's what it stands for. Unable to be duplicated,
0:14.3	replicated, one of a kind. Non-fungible tokens. Tokens? Tokens. Tokens. Fungible. Yep. Non-fungible tokens. So there's only 3,000 available to
0:24.5	purchase. He sold them for over $2,000 and he sold 2,500 of them in a 36-hour window. The rest
0:32.4	destroyed. Now, if you're anything like us, you're probably a little bit skeptical or a lot
0:37.1	skeptical about why people would buy these and what an NFT even is.
0:42.2	Where did the word fungible come from?
0:44.1	I hadn't heard it until last week.
0:45.5	No, no idea.
0:46.2	Now I hear it every day, all the time.
0:47.7	It's all I think about.
0:48.9	Fungible or not?
0:49.7	Am I fungible?
0:50.9	You're not fungible.
0:51.7	I have no idea. The family dog is not fungible.
0:57.9	So in this episode, we're going to speak to some experts and try and clear up a few questions that we have about NFTs.
0:59.9	Number one, what is an NFT?
1:02.1	Number two, why would someone want to buy one?
1:04.7	Number three, how can creators use NFTs?
1:07.5	And then lastly, number four, we're going to brainstorm our own brand and think about
1:11.4	how we would use an NFT. Like, how does this apply to us? Is this real? Should we make,
1:15.7	should we be making $5 million? I don't know. Maybe. It would be nice, but yeah, like, what is it?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Colin and Samir, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Colin and Samir and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.