24 min listen
240. NFT Utility Today Vs. NFT Utility a Year Ago
240. NFT Utility Today Vs. NFT Utility a Year Ago
ratings:
Length:
33 minutes
Released:
Jul 9, 2022
Format:
Podcast episode
Description
In today’s episode, we are breaking down the buzz of NFT utility. What the popular trends are right now and what it looked like a year ago. This is a significant factor to web3.0, as many are curious as to what are the benefits to obtaining digital collectables outside of just appreciating the art. For some it might be access to an exclusive community and for others it might be rights to the IP of the art collection. Utility NFTs come in all shapes and sizes, but ultimately it is some sort of value to potential holders. What we have to recognize in this space is what is being offered today and what is projected value in the future. The insights shared in this episode is a great reminder for collectors to understand how to do your own research. Additionally, there are even more insights shared for founders and builders. ------------------------------------------------------------------------------------------------------------ Time Stamps: 1:00 - Crypto Business Conference info 1:30 - Deskheads.xyz MINT #238 3:38 - Innovation has not been rewarded yet in web 3.0 4:40 - Predicting the future of NFTs. What is actual utility today vs projected utility aka wish list utility. 6:50 - Being an early adopter 8:55 - Magic (part) of early adoption 10:00 - Advanced utility today will be the normal utility of the future 10:45 - Utility isn’t mandatory. Select top 1-3 pillars of utility to focus on during roll out 12:10 - Utility & Community are not tied together 12:50 - The Concept of an NFT will fade away in 2-3 years 14:00 - Open communication is a beautiful thing 16:45 - Projects neglecting to reward OG holders over time. (Deskheads addressing this) 18:40 - Mint + Stake NFT could be one way to address rewarding OG holders long term 19:50 - Be careful with language being used with what holders do with their NFT 22:00 - Leveraging blockchain data from smart contract 23:40 - Greatest asset for NFT Founders / Projects = Current NFT Owners 25:00 - Utility of the future has yet to be seen 26:10 - Be willing to think bigger 27:50 - Adapt & Innovate 29:00 - Check out MINT365 at NFT365Podcast.com/mint365 or #MINT365 on Twitter 30:00 - Crypto Business Conference info - As always: DO YOUR OWN DAMN RESEARCHDiscover the latest Web3 tactics and strategies to improve your business.Crypto Business Conference - San Diego Oct 9th-11th https://www.socialmediaexaminer.com/nft365 TEXT ME FOR NOTIFICATIONS - +1 (703) 686-8551 Learn more about the NFT365 Podcast ? https://www.nft365podcast.com/ NFT365 is SuperPOWERED by the $ADHD coin ? http://adhdcoin.com/ -------- Join the NFT365 Community or Discord and/or Facebook and follow us on Twitter! http://Discord.gg/ADHDcoin https://twitter.com/NFT365Podcast https://www.facebook.com/groups/nft365/ _________________________________________________________________ Connect with NFT365 Podcast Host Brian Fanzo! https://linktr.ee/isocialfanz
Released:
Jul 9, 2022
Format:
Podcast episode
Titles in the series (100)
8. Who Influences NFT Trends and the NFT Market: On this episode, we are talking trends, best practices and the importance of doing your own damn research! We also breakdown the first 7 mints we did of the 365 we will do leading up to Nov 11, 2022. The first seven can be found at Day 1. ENS Domain:... by NFT 365 Podcast with Fanzo