From NBA highlights to @elonmusk rapping about it, the talk around non-fungible tokens are inescapable right now.

To learn more about the future of NFTs, we talked to some Gen Z VCs.
šŸ‘‡
businessinsider.com/8-gen-z-vcs-prā€¦
šŸ“Before we start, let us explain what a NFT actually is:

NFTs are unique digital assets stored using blockchain technology that cannot be destroyed or duplicated.

šŸ’«The potential for NFTs go way beyond its current digital art form.

Now onto our 8 VCs! businessinsider.com/8-gen-z-vcs-prā€¦
Saneel Sreeni: Investor, Contrary Capital

Industry: Video Game šŸŽ®

šŸŽ®: NFTs can provide a more stable virtual asset world.

šŸŽ®: By creating in-game assets as NFTs, the user guarantees their assets aren't subject to the game makers' decisions.

businessinsider.com/8-gen-z-vcs-prā€¦
Keiran Simunovic: Investor, Basecamp Fund

Industry: Fashion šŸ‘–

šŸ‘–: Companies can sell digital clothes as NFTs, which allows brands to create scarcity.

šŸ‘–: Virtual pants, shirts, and dresses can be edited over photos and posted to social media.

businessinsider.com/8-gen-z-vcs-prā€¦
Meagan Loyst: Investor, Lerer Hippeau

Industry: Creator Economy šŸ“ˆ

šŸ“ˆ: Creator monetization is "having its moment."

šŸ“ˆ: Influencers can potentially sell their content for thousands of dollars.

businessinsider.com/8-gen-z-vcs-prā€¦
Alex Chung: MBA Intern, Decibel Partners

Industry: Music šŸŽµ

šŸŽµ: NFTs can allow musicians to reap more from their work, rather than split earnings with a record label.

šŸŽµ: Instead of earning a fraction of a cent per stream, artists can make millions.

businessinsider.com/8-gen-z-vcs-prā€¦
NFTs are going to be a topic of discussion for a long time because of the endless possibilities for their application.

To read the full list of these VCs predictions, click the link below. šŸ‘‡
businessinsider.com/8-gen-z-vcs-prā€¦

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