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Noah Kagan Presents

Top Shot Millionaire Talks Biggest Opportunities in 2021

Noah Kagan Presents

Noah Kagan

Entrepreneurship, Business

4.71K Ratings

🗓️ 1 April 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

Jesse Schwarz purchased an NFT of Lebron James for $208,000 - the most ever spent on the platform ‘NBA Top Shot’. Since the purchase, the NFT has 5x’ed in value and Jesse’s making waves having been featured on ESPN, Bleacher Report, USA Today, and more.

In this episode, we’ll dive into how Jesse saw the opportunity to buy the Lebron clip and spotlight other undervalued NFT’s to look out for in the space.

https://okdork.com/podcast/193

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Transcript

Click on a timestamp to play from that location

0:00.0

you can wear a digital jacket in the digital casino that you paid a thousand dollars for.

0:05.6

But that digital jacket is an NFT and that's like an asset because to go to a high rollers poker table

0:11.6

you have to be wearing a specific digital jacket and then you

0:14.6

can make money so that to me that's the actually the future of entities and I'm not like a

0:19.3

guy who sits in virtual worlds all day I just see it so clearly it's like this is an asset

0:24.8

that earns you more money and it's an investment and it's like I'm gonna buy

0:28.0

an $800 digital jacket if I think I can make a thousand dollars a week

0:31.4

from it you know so there's there's really interesting stuff like that

0:37.6

what is up you beautiful bastards it is your boy top shot aka rabbit can't lose

0:41.5

aka no a Kagan.

0:43.0

In today's episode, I talked to Jesse Schwartz, who's famous for

0:45.2

buying an NFT of LeBron James for $208,000.

0:49.6

For those of you who aren't familiar with NBA Topshot, It's a marketplace where you can buy and sell

0:53.4

NBA moments. It's virtual gift basketball cards. In February Jesse and his friends

0:58.3

purchase this card and supposedly it's now valued at over 1 million buckeroos.

1:02.0

Since then Jesse's been featured on a bunch of places

1:04.4

and he's pretty cool-ass dude. If you've ever wanted to learn about the future technology

1:08.0

and spotting trends before they hit mainstream, you are going to love this episode.

1:11.6

In this conversation here is three gigantic things.

1:13.4

Number one, why this virtual card is a steal at $208,000.

1:17.6

Number two, Jesse's top shot investment strategy.

1:20.1

And number three, what does he think is going to be bigger than top shot?

...

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