4.8 • 18.1K Ratings
🗓️ 21 May 2021
⏱️ 17 minutes
🧾️ Download transcript
Today's episode is an interview I did on Coindesk Live where we discuss all things NFTs, including crucial details of my new NFT project veefriends, and how 98% of current NFT projects will flail in the short-term. We also discuss meme culture, what it means for the current crypto world, and specifically the NFT space.
Enjoy! Let me know what you thought.
Tweet Me! @garyvee
Text Me! 212-931-5731
My Newsletter: garyvee.com/newsletter
Check out my new NFT project: veefriends.com
Join the VeeFriends Discord: https://discord.gg/veefriends
Click on a timestamp to play from that location
0:00.0 | Hey podcast crew. First of all, I miss you. Hope everybody's well. Hope everybody's getting geared up for the summer. |
0:04.6 | Big interview here. I did on CoinDesk that you're about to listen to. We get really deep into the crypto NFT V friends reality. |
0:11.3 | And podcast, I'm going to say this the best way I know how I highly recommend that you consider getting a V friend V friends.com. Go check it out. |
0:22.0 | Some of them are selling for a high resell on the open market on OpenC right now. But more importantly, there's still some available. |
0:28.8 | Check out the gift goats and the spectacular. All right, into the show. |
0:33.8 | This is the Gary V. Audio Experience. |
0:38.4 | Thanks for having me everyone. Great to have you on the show. All right, so Gary, you were actually supposed to come onto the show two weeks ago, |
0:44.6 | but you had to cancel because the NFT marketplace didn't go as planned. My thoughts are that launching NFTs must be harder than it looks. |
0:51.8 | So tell us what happened and how is it going right now? |
0:54.2 | You know, Web 3 is interesting stuff. You know, for me, I come from such a consumer place, right? I launched an e-commerce wine business in 1997. |
1:07.2 | Web 2 is mature. And yeah, to your point on May 5th, we were just not ready. I was so excited about 55. |
1:16.2 | Five is my favorite number. We paired up with the incredible team at NFT 42 on the nameless platform. They did their job. |
1:27.2 | I feel like I just didn't have a couple of things tight enough. And so, you know, I think it's even we probably lost some momentum and lost some initial sales. |
1:37.2 | Having a product that wasn't as strong a mobile from a consumer standpoint, I think, you know, the crypto community is is and the Web 3 community is incredibly patient with its innovators from MBA Topshop to artifact to ZED. |
1:52.2 | For me, what I was worried about was 80% of the people that I knew were going to be buying because I was paying attention to my discord were buying for the first time. |
2:02.2 | Buying with a non custodial wallet for the first time, I thought it was very important for me to launch it as clean of a user experiences I could. |
2:12.2 | So we did push it by a week. |
2:15.2 | Okay. So you've been hyping up V friends for weeks. Can you tell us about what this NFT marketplace is all about? 10,000 V tokens are up for grabs. |
2:25.2 | What are you selling? |
2:27.2 | I'm building an intellectual property. I think NFTs during this year will look back will be look back on as a place where the Harry potters, the transformers, the star wars, the thunder cats and care bears and rainbow brights were created. |
2:46.2 | So for me, V friends is a world I've been thinking about for a long time originally was going to be a toy product that I launched a couple years ago, but the way the NFT market evolved. |
2:56.2 | The other thing I did was take advantage of the smart contracts, what I innovated on a little bit was I created a conference called Vcon where every one of these 10,255 tokens is also a three year pass to Vcon, which is a super conference that I'm looking to put on once. |
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