Business Tips: The NFT Bubble: Why 97% of All NFT Art Right Now Is a Bad Investment | "The Outer Realm" Podcast
Business Tips: The NFT Bubble: Why 97% of All NFT Art Right Now Is a Bad Investment | "The Outer Realm" Podcast
Awesome Tip: The NFT Bubble: Why 97% of All NFT Art Right Now Is a Bad Investment | "The Outer Realm" Podcast
There is no doubt in my mind that non-fungible tokens will be a part of our lives for a long time. The problem right now is because it is such a new concept for many, people are rushing in and making large investments without doing the proper research and education. Today’s episode is an interview that I did on the podcast “The Outer Realm“ hosted by Eric Paul Rhodes. We talk about my macro overview of the NFT space, why I believe that I’m going to be involved in it for the rest of my life, and why I believe that 99% of current NFT projects won’t end up as remarkable investments. Enjoy! Let me know what you thought.
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Thanks for watching!
Check out another series on my channel:
Tea With GaryVee (Fan Q&A Series):
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Gary Vaynerchuk Original Films:
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WeeklyVee:
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Gary Vaynerchuk is one of the world’s leading marketing experts, a New York Times bestselling author, and the chairman of VaynerX, a modern day communications company and the active CEO of VaynerMedia, a contemporary global creative and media agency built to drive business outcomes for their partners. He is a highly popular public speaker, and a prolific investor with investments in companies such as Facebook, Twitter, Tumblr, Venmo, Coinbase, Slack, and Uber. Gary is a board/advisory member of Bojangles’ Restaurants, MikMak, Pencils of Promise, and is a longtime Well Member of Charity:Water. He’s also an avid sports card investor and collector. He lives in New York City.
If there is a platform for people to display and interact with there NFT with one another, whether it one on one sharing or like a museum room for people to view and visit your collection, does it sounds like something people might be interested?
Literally this is the worst interviewer I've ever seen , vee is showing his heart and wanted a heartfelt feedback and this fool is stumbling around looking for the right words but can't see literally see past himself.
Love how at the very end they talk pokemon, star wars, and star trek. Star Trek confirmed on VEVE…just wait till we get SW and Pokemon…OMI IS THE REAL DEAL.
Recently, I read a newsletter from a friend I respect in cryptocurrency. He said, "Digital art is superior to analog art." Following this reasoning then Beeple's magnum opus is great art. It does not matter that most of Beeple's 5,000 pictures are populace at best while some are racist. Beeple's proficiency in Cinema 4D, Zbrush and Maya serve as substitutes for content and the art world bought it. Though artists have been using digital means to create art for 30 years much of what results is materially based and thus isn't novel. Forget painting and drawing. Sorry Neo and Jasper, you're old hat. Conceptual art? What's that? Digital art is the new kid on the block. NFT's are cutting edge. Philip Guston is canceled. I am reminded of an admonition by Donald Judd, "The problem with artists today is that they treat art history like it were a toy box." The auction house has propped up digital art as the Second Coming. Hype generates money. It's nothing new. Hans Haacke is laughing. Once the art world comes to its senses it will realize that digital art is simply a vehicle like any other. All great art has great content.
Lamelo is the safest long-term bet that you can make now. All he has to do is avoid major injuries for a couple of years and you'll see the same type of trajectory that Luka had in terms of prices. The Prizm DP Crusade Refractors for $20-$50 are a STEAL!!
THIS IS THE BEGINNING OF SPACE CULTURE !! WHAT DO YOU THINK THE CURRENCY IN SPACE WILL BE!?????? CRYPTO I believe crypto art is this age’s Art Movement now its Crypto ART
9:29 what is the "homework"/ workflow / analysis that you do to give you the insights into the companies or projects ? like is it a financial statements analysis ? popularity / cultual impact ? usefulness ? or a combination of multiple factors and what factors do you look for ?
NFT 's are here for the long run. Ethereum and Bitcoin are the future of finance. NFT will hold value as long as people keep buying crypto! I have made over $50k on NFT's. Just do your research and invest in projects you believe. Check sites like opensea and nba top shot. Elon musk praised the technology too! Don't sleep on NFT's!
stop investing in worthless nfts and you wont get caught in a bubble….why would anyone want a damn cat gif….but actual meaningful nfts will be around forever
Something really interesting what said on this interview and it was ignore by most. The NFT projects that will be successful in this space will be those with IP licenses. Why buy a collectible right now that will not hold its value or popularity in the feature, most of them might go down 90-99% in the next crash, but the ones that will survive are those with IPs. Hint: ECOMI and the VeVe app.
I don't really get NFTs?!… But I suppose it'll come with time. But as for now there's not enough talk about $EFX – if you're in #crypto and don't know about the Effect.AI project, I suggest you look it up!
39 Replies to “Business Tips: The NFT Bubble: Why 97% of All NFT Art Right Now Is a Bad Investment | "The Outer Realm" Podcast”
Whoa Gary you gonna be in Veve hard, see you there. Voltron, ThunderCats, TMNT lol Batman hope to see all those NFTs launch there soon!!!!
If there is a platform for people to display and interact with there NFT with one another, whether it one on one sharing or like a museum room for people to view and visit your collection, does it sounds like something people might be interested?
Literally this is the worst interviewer I've ever seen , vee is showing his heart and wanted a heartfelt feedback and this fool is stumbling around looking for the right words but can't see literally see past himself.
Love how at the very end they talk pokemon, star wars, and star trek. Star Trek confirmed on VEVE…just wait till we get SW and Pokemon…OMI IS THE REAL DEAL.
Recently, I read a newsletter from a friend I respect in cryptocurrency. He said, "Digital art is superior to analog art." Following this reasoning then Beeple's magnum opus is great art. It does not matter that most of Beeple's 5,000 pictures are populace at best while some are racist. Beeple's proficiency in Cinema 4D, Zbrush and Maya serve as substitutes for content and the art world bought it. Though artists have been using digital means to create art for 30 years much of what results is materially based and thus isn't novel. Forget painting and drawing. Sorry Neo and Jasper, you're old hat. Conceptual art? What's that? Digital art is the new kid on the block. NFT's are cutting edge. Philip Guston is canceled. I am reminded of an admonition by Donald Judd, "The problem with artists today is that they treat art history like it were a toy box." The auction house has propped up digital art as the Second Coming. Hype generates money. It's nothing new. Hans Haacke is laughing. Once the art world comes to its senses it will realize that digital art is simply a vehicle like any other. All great art has great content.
I think NFT's are just the worst kind of investment and whoever thought of it is scamming.
No update on Winds of Winter??
To get rich in life, you need to spend less and invest huge, you don't expect to spend 90%, invest 10% and sit to make more wealth.
I bought a $600 piece and its already lost value. Nfts are bullshit unless ifs a big artist. Im not buying unless its someone like beeple
The only people assured to make money here are the ones selling shovels.
Check out this NFT. An NFT of one of Elon Musks limited edition flamethrowers! LOL.
applies to photography and video? if i want to sell mi photos and videos thx. greeting from Perú
Lamelo is the safest long-term bet that you can make now. All he has to do is avoid major injuries for a couple of years and you'll see the same type of trajectory that Luka had in terms of prices. The Prizm DP Crusade Refractors for $20-$50 are a STEAL!!
Get in touch with a professional Broker who is experienced.
You have changed my entire outlook on the future of NFT's and the projects surrounding them , Thank You from my future self.
You want the OG of NFT? Omi it is good sir!
I don’t see a whale. I only see a genuinely real and successful man. Salute.
google "toshimon"
THIS IS THE BEGINNING OF SPACE CULTURE !! WHAT DO YOU THINK THE CURRENCY IN SPACE WILL BE!?????? CRYPTO I believe crypto art is this age’s Art Movement now its Crypto ART
VTHO will explode in two days ,buy and wait…to the Moon
Great content! Thank you for sharing 🙂
I basically own at knowing about NFTs. Trust me it’s going to be huge. I’m an NFT guru
9:29 what is the "homework"/ workflow / analysis that you do to give you the insights into the companies or projects ? like is it a financial statements analysis ? popularity / cultual impact ? usefulness ? or a combination of multiple factors and what factors do you look for ?
Yet you’ve been pumping NFTs for the past month or two. Honestly Gary you go back and forth more than any other entrepreneur I know.
Someone tell this guy we already have a Tony Robbins.
NFT 's are here for the long run. Ethereum and Bitcoin are the future of finance. NFT will hold value as long as people keep buying crypto! I have made over $50k on NFT's. Just do your research and invest in projects you believe. Check sites like opensea and nba top shot. Elon musk praised the technology too! Don't sleep on NFT's!
stop investing in worthless nfts and you wont get caught in a bubble….why would anyone want a damn cat gif….but actual meaningful nfts will be around forever
Veve app is going to be the Netflix of the NFT digital you collectibles space. Run on OMI token
im starting the pumpkin blueberry stock that is worth 4 million times the times its thought of & dreamt in
Remember when Bitcoin was just a bubble?
…Yeah
H
More like 99.5%
Its like selling Cinderella’s shoe. Everybody would buy that and everybody would sell that.
Something really interesting what said on this interview and it was ignore by most. The NFT projects that will be successful in this space will be those with IP licenses. Why buy a collectible right now that will not hold its value or popularity in the feature, most of them might go down 90-99% in the next crash, but the ones that will survive are those with IPs. Hint: ECOMI and the VeVe app.
NFT is soo friking stupid
#billytoon
TransitNet is working on a title solution for digital assets.
I don't really get NFTs?!… But I suppose it'll come with time. But as for now there's not enough talk about $EFX – if you're in #crypto and don't know about the Effect.AI project, I suggest you look it up!
I went on opensea.io and buy “History-x” collectibles he’s the best