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270. The NFTs Have A Business Model Problem Preventing Mass Adoption

270. The NFTs Have A Business Model Problem Preventing Mass Adoption

FromNFT 365 Podcast with Fanzo


270. The NFTs Have A Business Model Problem Preventing Mass Adoption

FromNFT 365 Podcast with Fanzo

ratings:
Length:
25 minutes
Released:
Aug 8, 2022
Format:
Podcast episode

Description

If an NFT project isn’t providing royalties to its holders yet is massively overdelivering in value to the point non of the holders want to sell the project will fail for both the NFT project creator and the NFT owners! 
If an NFT project has 99% unique wallets holding NFTs, it will create less revenue for the project team to operate than a project that holds at at 50-70% unique wallets threshold aka more wallets holding more than 1, leading to higher sales volume. 
Now, this isn’t the case for all business models with NFTs such as NFT access, collectibles, IRL experiences, and brand rewards. 
Although, for many NFT projects the idea of relying on secondary creator percentages to continue to fund the project has become the norm but predicting that and/or preparing for a bear market can be near impossible.  On the flip side for a loyal NFT holder of a blue chip project worth hundreds of thousands of dollars, that value can only be valued when you sell that beloved NFT and now lose access to the utility and value that excited you to join. 
In this episode, Brian breaks down his thoughts on some of these issues and challenges all listeners to think about these problems and together we can come up with better solutions, more dynamic business plans, and hopefully thousands of use-cases to help push us towards mass growth adoption.

Featured NFT from the #mint365 collection:
NiceClubNFT
https://twitter.com/iSocialFanz/status/1546539448061534209?s=20&t=qOyKJAKM34vRwfBkiOptUg

Discover the latest Web3 strategies to improve your business at the upcoming Crypto Business Conference in San Diego, October 9th-11th 2022 
https://www.socialmediaexaminer.com/nft365
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Learn more about the NFT365 Podcast ?  https://www.nft365podcast.com/
NFT365 newsletter ?https://twitter.com/iSocialFanz Revue signup! 
TEXT to receive SMS announcements (NA only)  ? +1 (703) 686-8551
Telegram announcement group (Int’l)  ? https://t.me/+cjBcLbt_UtA2Nzlh
Connect with the NFT365 community ? http://Discord.gg/ADHDcoin
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Twitter @nft365podcast
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IG nft365podcast
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Connect with NFT365 Podcast Host Brian Fanzo ?https://linktr.ee/isocialfanz
NFT365 is SuperPOWERED by the $ADHD coin  ? http://adhdcoin.com/

As always: DO YOUR OWN DAMN RESEARCH
Released:
Aug 8, 2022
Format:
Podcast episode

Titles in the series (100)

The first daily NFT podcast that's also buying an NFT every day for 365 days: NFTs 365 is hosted by Brian Fanzo aka @iSocialFanz Brian Fanzo is a Digital Futurist, Keynote Speaker and Web 3 Visionary that has worked with brands like IBM, Dell, Samsung, Twitter, SAP, Adobe, Oracle, UFC, AWS and MGM just to name a few! The first DAILY NFT Podcast powered by $ADHD coin on Rally.IO and includes short educational episodes, breaking news, emerging Web 3.0, metaverse, creator coins and cryptocurrency trends and exclusive interviews. When it comes to learning technology, Understanding Non Fungible Tokens as Newbies or Geeks. Brand adoption of web 3.0, blockchain, the metaverse, digital transformation, future of work, cryptocurrency, creator coins within the creator economy and technology innovation this is the podcast for you. If you are struggling to understand NFTs or don't know where to start with NFTs or maybe looking for NFTs for newbies this is the podcast for you. The focus is on helping you embrace change, be educated on where the future is going, motivated by what's possible at a high level while being inspired to be curious, fail forward and try something new. The future of business is a community and the future of marketing is relatability and in this web 3.0 digital-first world leading us to the metaverse, this podcast will help you see the future and plan today to make it happen. This is for managers of technology, marketers, sales, coaches, network marketers, and you traditional investors looking to embrace innovative technology this is the palce. Things like smart contracts, IP rights, metaverse, blockchains like ethereum, bitcoin, solana, cardona and also Palm, Rally.IO and more. Interviews are using Clubhouse, Twitter Spaces, Facebook LIve, Instagram Live and Linkedin Audio. There will be founders of projects, collectors of art both traditional art and visual art, creators looking to find developers to managers and executives looking to understand who they need to hire in the web 3.0 digital world. It doesn’t matter if you’re a gamer already playing in the metaverse or parent looking to understand the trends your kids are entering in with NFTs, cryptocurrencies, block chain and social tokens we will cover it all with this daily form. Brian is an international keynote speaker and has hosted 7 podcast that have included Adobe, Oracle, Dell, Ibm, UFC, Applebees and work brands like Vayner Media, Be The Change Studios, MGM Grand and more. We will be talk about removing the starving from starving artists while also covering the importance of storytelling in the Web 3.0 world and what digital artists must to thrive in this space. If you are looking for how to make money in 2022 and do what you love while loving what you do this is the podcast for you. This is the best NFT podcast in the Top 25 in all podcasting apps with evergreen content that also covers the trends of today and the future innovation of tomorrow. NFT365 is focused on translating the geek-speak around the creator economy, web3, blockchain, cryptocurrency and the metaverse with the goal of helping the audience HEAR the harmony between technology and humanity empowering us to re-imagine the digital future together.