Ok real 2022 NFT prediction thread

1. P2E is going to explode - many of our portfolio co’s implementing P2E. Ton of amazing stuff coming out

2. P2E will become more competitive - turn into a yield game. Axie rules P2E ATM but more games are coming out that offer great yields
3. Gaming customer acquisition will skyrocket

4. Gaming guilds will have to begin to specialize in certain games/game genres

5. Gaming defensibility will have to beef up (everyone can compete on yield but the real moat is from the “fun” factor”)
6. NFT focused content creators and streamers will get wayyy bigger - not Mr Beast level yet but there will be inroads

7. NFT art market will evolve - collector's love context so expect art pieces that look almost like mini-startups/projects
8. Collectibles will also continue to evolve with more functionality imbued in the NFTs

9. Digital fashion will take off - main issue is having a “location” to display fashion items but ppl are working on solutions for displayability
10. Music NFTs will start to make some real progress in the "mainstream"(despite the insane music industry's potential pushback)

11. The future is multi-chain- Expect more NFTs on more chains.NFTs on new chains allow holders of those tokens to spend & actually use their crypto
12. NFTs becoming much more quantitative (expect 5x the amount of HFT types getting involved)

13. No clear regulatory guidance provided on NFTs in 2022
14. Blockchain-based virtual worlds will get more users and begin to look more like user-owned and governed social media platforms

15. Those building on the "application" layer of the metaverse (@DecentralGames for example) will continue to grow and outperform infra layer
16. Many of our portfolio co’s are currently - or have plans to - DAOify. NFT-related DAOs are real metaverse-native businesses. Governance within these entities is extremely undervalued. @Sfermion_ will announce something around this in the next few weeks 🤓
This was off the top of my head and I could keep going but the thread is getting too long

All in all, my prediction is that NFTs will continue to eat the world

Happy NY everyone. Couldn't imagine a better industry and community to spend all my time in

LFG 2022!!! 🚀🚀🚀🚀

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More from @AndrewSteinwold

3 Oct 21
1/5 How do I explain the potential of NFTs to non-crypto folks?

Simply:

Via NFTs we just added property rights to the internet

A place with 4.6 billion people AND these ppl are connected through a global, uncensorable, 24/7 financial system
2/5 What are some past examples of a country adding property rights to its economic system?

China

In 1978, China enacted reforms to open its economy from a communist-style system to a more open capitalistic-based system

A mere ~40 years later, the growth has been staggering
3/5
China GDP
- 1978 - $149.54B
- 2020 - $14,722.73B

Increase of 9745%!!

GDP per capita
- 1978 - $132
- 2020 - $10,500

Increase of 7854%!!

This is a country with ~1.2 billion people and a financial system that is anything but frictionless
Read 5 tweets
23 Sep 21
Here is my slide deck from the Legends4Legends conference in Amsterdam

NFTs = unique digital assets

They enable digital property rights

Unlike Bitcoin, NFTs are unique and NOT interchangeable

Uniqueness on the internet can enable a TON of different use-cases
The internet is currently communist. Users add value to a platform but get no value in return

NFTs change that and give users property rights in the digital world

The internet just went from communism to capitalism (HUGE!)
NFTs enable a psychological shift in user's mindsets from renters to owners

As owners, they will spend more time, money and effort into their digital lives

Users can now earn during their activities that are native to the internet (keywords - "native to the internet!")
Read 15 tweets
23 Jul 21
NFT Theses + Thoughts

1. NFTs = digital property rights

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)
Read 13 tweets
29 Nov 20
🌈🛸📈 Fantasy Venture NFT Portfolio

andrewsteinwold.substack.com/p/-fantasy-ven…

I cover five companies, dive into their products, and explain why I think they are great.

These companies will join my fantasy venture capital portfolio, and I will reassess how they perform over the coming years
1) @opensea: The Amazon, and potentially the Facebook, of NFTs (but back when Facebook was cool)

- #1 NFT trading platform
- Amazing Y-combinator backed team
- They ship updates like crazy
- semi-decentralized infrastructure = accessible to anyone in the world
- Huge TAM
2) @superrare_co: Curated “who’s who” of the crypto art world

- Top platform for curated crypto art
- Team has true grit. Nonstop grind for years
- Perfectly positioned for the growth of new market cryptoart
- Users literally go online and say “This product changed my life!”
Read 6 tweets
23 Sep 20
1) NFT & Metaverse Blog Thread!

Want to read about very odd NFT-related topics? Look no further as I come bearing gifts

My newsletter Zima Red allows me to learn and explore publicly, the future of NFTs

(Today I am only posting my blogs from 2019)

andrewsteinwold.substack.com
2) Oct 2019 - How to Value Virtual Assets?

- I attempt to give fair vaulations to a set of NFTs by performing comparable analysis on the assets.

andrewsteinwold.substack.com/p/how-to-value…
3) Oct 2019 - 🏛🖼💰Sotheby's Art Valuation Metrics Applied To Unique Digital Assets

- Sothebys have 10 factors that go into their art valuation. I tweak them slightly to fit the NFT landscape

andrewsteinwold.substack.com/p/sothebys-art…
Read 10 tweets
22 Sep 20
1) Digitizing collectibles as NFTs is going to go down as the singular event that caused the collectibles market to blow past $1 trillion in market size.

The physical collectibles market today is +$350B
2) The NFT markets encompass a wide variety of categories

- Collectibles
- Game assets
- Virtual worlds
- Art
- IP
- Loans
- Ticketing
and much more

Now why is digitizing collectibles so exciting?
3) Two reasons. By digitzing collectibles as NFTs you unlock:

1. Distribution of the internet (reach and efficiency)

2. Attached to a global, 24/7, uncensorable financial system
Read 7 tweets

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