YAPSnacks: Are NFTs a Fad or the Future of Art?

Young and Profiting with Hala Taha

YAP Media Network | Hala Taha

Entrepreneurship, Business, Marketing

4.8 • 1.5K Ratings

🗓️ 10 May 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are NFTs a Fad or the future of art? Today on YAP Snacks, Hala takes you on a journey to learn about NFTs, the cryptoart that top entrepreneurs and investors are backing as the next big thing that shouldn’t be dismissed similar to the dot com boom in the late 90s. NFTs are the latest cryptocurrency phenomenon to enter the mainstream – they turn digital works of art and other collectibles into one-of-a-kind, verifiable assets While the concept of NFTs have been around since 2012, they’ve exploded over the past year. In 2020, the market grew by 229%, reaching $250 million in value. And, in February 2021, more NFTs were traded in 24 hours than in the entirety of 2020. In the crypto space, hype is definitely par for the course. But this feels different mainly because the mainstream hasn’t just taken notice. They have skin in the game— from fashion brands like Nike and Louis Vitton to sports brands NBA/ NFL, to musicians like Kings of Leon and Grimes. They all are putting their hats in the NFT-ring, creating NFT-based consumer goods and services. So are NFTs the future? Or is the NFT craze just a bubble stemming from increased online activity following the pandemic? Well the good team at YAP have investigated the topic and we are here to give you the facts, so you can better understand what NFTs are, and decide if you want to get involved or just let it be another crypto trend you let pass by and fade away. This episode is sponsored by Olay, and Betterhelp. Social Media: Follow YAP on IG: www.instagram.com/youngandprofiting Reach out to Hala directly at Hala@YoungandProfiting.com Follow Hala on Linkedin: www.linkedin.com/in/htaha/ Follow Hala on Instagram: www.instagram.com/yapwithhala Follow Hala on ClubHouse: @halataha Check out our website to meet the team, view show notes and transcripts: www.youngandprofiting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Slack. With Slack, you can bring all your people and
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0:26.9	Slack.com slash DHQ. This episode of YAP is sponsored by Ole Body. Why do you shower?
0:35.2	The most obvious answer is cleanliness, but there's way more to it. If you listen to YAP,
0:40.4	you know that cold showers can improve your energy and increase your alertness. But
0:44.7	I bet you didn't know that taking a shower as part of your morning routine can positively
0:49.6	influence your mood for the rest of the day. For me, feeling fresh and clean helps me
0:53.9	increase levels of mood-boosting hormones like serotonin, which ultimately leads to improved
0:59.1	confidence, better overall mood and motivation throughout my day. And now my showers are
1:03.9	even better since Ole just launched a new collection of skincare-inspired body washes
1:09.1	that are designed to treat a variety of skin conditions, like Ole's soothing body
1:13.7	wash with vitamin B3 complex and oat extract, which is specifically made to soothe Eximo
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1:24.6	it leaves me feeling super clean without a sticky filmy residue. You need to give these
1:30.0	Ole Body washes a try. They completely changed how I thought about my body care routine
1:35.0	and my shower. You can find Ole Body Care products in the store or online, Ole Body,
1:41.4	Fearless in My Skin.
1:44.3	You're listening to YAPSNACS, hosted by me, Halataha. Today on the show we are covering
1:50.2	NFTs. Are they a FAD or are they the future of art? NFTs is the latest cryptocurrency phenomenon
	...

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