4) Oct 2019 - 🖼🖥The Future Of Art: Why Digital Art Is Better Than Physical Art
- Digital art is best because it has the distribution of the internet, can make the piece come to life via technology (VR, AR) and lowers the barriers for artists.
6) Nov 2019 - 🔮🌌The Race To Build The Metaverse: Will Facebook Win?
- I hypothesize that Facebook will win the race towards building the first widespread metaverse-like environment. I now disagree with this post but keep it up as a reminder.
8) Dec 2019 - 🖥🏛💪Blockchains Are Essential For Strong Virtual World Economies
- How property rights are essential for the metaverse. Hypothesize a future NFT credit rating agency to explore projects property rights and governance promises
Sports Giant Fanatics Sells Off Its Majority Stake in NFT Startup Candy Digital
Michael Rubin the CEO of sports merchandising giant Fanatics said:
“Over the past year, it has become clear that NFTs are unlikely to be sustainable or profitable as a standalone business”
“Digital products will have more value and utility when connected to physical collectibles to create the best experience for collectors”
HUGE disagree
1.Investing $100m in Candy Digital @ a $1.5b valuation was insane
2.NFTs/digital goods can thrive in fully digital environments
The issue with Candy Digital and so many of these other co's that were thinking "We will take great traditional IP and bring it to NFTs!" is that these people are not native to the NFT space
They don't know their way around Twitter, Discord, and the other places we inhabit
2. NFTs enable a metaverse to form becuz ppl actually own their digital stuff
3. NFTs will be larger than crypto (crypto = $ of metaverse, NFTs = all stuff in metaverse)
4. NFT art will eat the traditional art market
5. NFTs = most efficient means to display status
6. Screen time + technology constantly becoming more immersive (Telegraph > Telephone > Video Conferencing > Virtual Reality)+ NFTs = the metaverse is inevitable
7. Most NFTs will be worth nothing
8. Virtual world platforms are the next generation social media (no objective, socialize, create, show status, etc)
9. There will be many NFT marketplaces each focused on specific NFT sectors
10. "Blockchain" games will just be called "video games" (every game will have NFTs)