DCL Blogger Matty: How to find the right NFT for you! (German subtitles)

ah amazing we're live cool maddie hey it's such an honor um to get to talk and uh yeah kind of explore a bit the nft space um yeah i was very much looking forward to um maybe for my german audience i'm not sure how many um it's always funny i'm and so many people always say oh australia is so nice and so when i speak to an australian it always makes me smile a bit um share maybe briefly for my german speaking audience who you are where you're from and then i would love to dig right into the topic of nfts awesome so i my name is maddie i run a twitter account and a youtube channel called dcl blogger and i've basically been talking about nfts for the last three years um back when cryptocurrency started three years yeah man three years 2017 i got into crypto and then 20 jan 2018 i found nfts and i was like whoa what's this virtual land virtual game item it was just like this completely new world to me and yeah that's how i got involved i kind of started investing in crypto and then rode the wave up and down and then found virtual land and back then i didn't know what that was an nft i i was just like okay well there's this virtual land you can now invest in that's also part of blockchain i didn't know exactly how because i was new to crypto anyway and then as the industry grew it became virtual land virtual game items and now art has kind of taken everything but before you know if you strip all that back down and what it used to be and where it's come from it's like a piece of technology that you can integrate and uh build so much on yeah when i post it on twitter hey connect me to some nft experts i'm not kidding so much of my audience said hey you need to talk to maddie so i was like wow uh never never talked so very honored reached out and you were super fast and saying hey sure i'm happy to do this for my audience so that's really awesome do you have any maybe a totally question that just pops up do you have any background in like collecting or or or where does this uh like no i have a background on investing like i like to invest and grow my wealth which everyone i guess in crypto like to do right so we like to put our money somewhere and see that appreciate in value and so when this virtual land thing came it wasn't really collecting i mean i've had pokemon cards and stuff before so i've been attached to you know things before but i don't i'm not a collector i'm more an investor cool yeah that's interesting fun fact i didn't know that um a friend of mine one of the largest german youtubers he told me um pokemon is actually the largest franchise in the world value-wise i didn't know that humongous huh probably women cool um let's dive in um i assume most of my audience know what nfts are but uh maybe let's spend yeah one minute or something on describing an nft and maybe comparing that to bitcoin yeah sure so i think bitcoin and crypto are a good comparison because they're what's called fungible tokens so we all know that cryptocurrencies are tokens that live on the blockchain right so whether it's an ethereum or bitcoin technically they're all tokens and us humans we give them value and we trade them for x amount of money now so fungible tokens are things like bitcoin ethereum basically every cryptocurrency is fungible in nature it's a dollar you know fungible means that i can give you one bitcoin and you can give me a bitcoin back and it doesn't matter if you mined that bitcoin three years ago or if i mined that bitcoin one second ago it still has the same value that's called fungibility so a non-fungible token is a token where each token is unique so you can make that token point to a game asset a piece of art that token can be when you go to a virtual land like decentraland because it's in your digital wallet you know you can knock on the door and the door will only open if you have that token so it can be a ticket um an nft really is a token where as game developers as platform creators artists and project project founders can bring value to if you bring your nfts in they can be pets they can be swords and now we're kind of seeing art and i and i know that everyone's thinking nfts are art nfts are art but it's actually a token and arts blown up because suddenly when you attach a digital image or a piece of artwork that a digital artist has done and you attach it to the nft then suddenly that digital art piece or the ownership of it becomes tradable so the artist says hey you know i'm only releasing one edition one token that represents this art piece and suddenly if that artist becomes famous you know you have a one of one single edition piece which is like pretty big in the in the real world and now in the digital world i mean there was an assumption it was going to work but obviously it's working very well 200 300 million has been transacted in this just aren't alone so yeah non-fungible tokens can take many many forms um and i think we're still at the cost for like one percent of what we've discovered so far the interesting thing now that reminds me in in 2017 um i did an interview it was relatively late in the year um like right when the icos bubbled and forbes asked me what do i think is the most important invention for 2017 and everyone was expecting i was going to say icos and i said cryptokitties because it's collectible and to be honest i mean this from the bottom of my heart and i still right now believe nfts are super revolutionary i did a meetup tour about two years ago 2019 and i discussed how nfts are gonna change the world and now here i am and i see this right and i and i'm gonna link up that twitter thread you have it's fantastic it's outstanding i did it i used it for my research i sit here and i'm like this is amazing but how do i value this stuff so like that's what i would love to kind of dig into like what makes these things valuable because an an artist can just pump out billions of those of those pictures right um yeah that's why i'm struggling to be honest yeah so obviously different nfts have different value so if we just isolate the art market and we just talk about that because digital land and all that sort of stuff there's different ways to value that now the art market is very interesting you know for the first year and a half from 2018 to 2020 i ignored it i was like this is crazy why are people selling billions of images don't they know there's going to be like thousands of artists rushing here and diluting the place isn't that how it works you know my ai right even ai ai generation exactly exactly so like we know why is this even investable that was my questions but you know since 2018 every month or two months there was a record broken and i was like this is crazy like and mid july i remember last year there was like a hundred thousand dollar drop when an artist came and he sold pieces and that whole sum was a hundred thousand dollars and i remember him selling a piece for 55 000 and i was like that's crazy like okay there's something going on here like i have to i have to look at this stuff right so you know what i've discovered so far and you kind of get this if you're a traditional art collector is that you're really investing in the artist so if you have an art piece or an nft in this case it's an nft or an art a digital art piece from an artist who goes on to do big things you know this artist goes on to do the first auction in christie's which is what people is doing that's why he's his peace are becoming so valuable he's going to do that and then he's being interviewed on cnbc who knows he'll do a collaboration with some prime minister or something right so as he progresses in his career what makes the avenues to invest in an artist's career is through the nfts so nfts have become like a collectible kind of seed investor tool where you can as the artist continues to grow as more collectors want the artists work um yes the artist can mint thousands of nfts if they want to but that's why you i i find it investable now collecting is a different thing you know if you like the artist you can buy it but if you want to invest you ought to kind of you have to kind of um balance that and know that the artist knows how to promote themselves marketing themselves they know how to progress their career they have plans to stay here for a long time they're not releasing too many mints at the same time they're not like oh he has ten thousand of my new art every month or every day you know people he drops a hundred pieces of uh then he disappears and does really cool stuff and then he comes and he drops a little bit of art and he runs off and does like some really big big things it's kind of like how um projects or cryptocurrency projects have you know they release a certain amount of cryptocurrency back into circulation you don't want them to release too much too quickly but you wanted them to develop their project to a level where there's so much value that as they drop there's so much demand that it doesn't matter do do artists like people and to be honest i i don't know any of them right so you need to help me out here um but um do artists like people do they have a release schedule do they talk about this or because to me right so i i look at let's think of famous like i actually have to talk call them offline artists right let's call let's think about famous offline artists for them i mean naturally time was the limiting resource right and now i think in the digital i don't know like they can like in in zero they can just drop thousands a second so like where like how yeah again i i don't even know where to start with my questions yeah i know what you mean i know what you mean like how is it investable when there's no cap on a supply right yeah yeah and it's it's true but that's why you know art has been like that in the real world you can invest in single pieces which are hand-painted or you can also buy prints you know artists do a set of a thousand prints which they just print and they sign and that also becomes a collectible so there's at the end of the day it's up to the artist so you as a collector and the artist are now team team members right your team members other collectors from the artist you're all the team now and you want to help promote the artist you want to get the artist in your network you want to help them get a deal with like some gallery or something like that and that artist knows like some good artist and i remember when people did his first sale of 100 nfts um it was crazy right so when people in i think um december last year he did his drop and it sold 3.5 million dollars worth within a 24-hour period and it blew the record out of the water i think before that the max that was ever sold was 200 000 and that's where all this attention came from i remember him after that sale his next tweet was that he treats his invest he's collectors like investors that he you know that's the relationship he feels like he has to bring value to what we have bought so when you when you when those artists are of that mentality you know that they understand supply and demand they know not to overly dilute and the support from the collectors they have to continue bringing value to so people goes on and does big things and we get rewarded and he gets rewarded and you know it's just that's the kind of way it works is he would you say is he the number one nft artist right now he wasn't the earliest but just because of his impact in taking it mainstream um i think yeah he would his art would definitely be probably the most expensive uh and biggest but you know people has 13 years of doing art every day so people has done art every single day 3d art on his instagram every single day for 13 years straight every day and you know people have followed that and he's been the one that set the trend of you know the everyday movement and a lot of artists look up to him so he didn't come from like nowhere he came from bringing all of this and everyone knowing who he was and the drop being successful because of that was he who who made that uh that uh donald trump uh art is that from him as well that's also from him right yeah so that one was very cool because that nft before the election was actually joe biden and donald trump were like fighting each other and so the nft was going to change to either donald trump um or donald trump beaten up if he won or he lost so because he lost that's the line there so it's kind of like you know there's history and there's a story to these nfts and after one or two three years like as collectors and investors we are predicting that if this is the start of the new digital era you're changing my mind here a bit i was like way more skeptical before this call and now i'm like changing actually my mind a bit so it's actually really more as an investor in let's like specifically art nfts you actually have to see yourself really like yeah having this business relationship with the artist and you need to be able to trust that artist that he or she doesn't go and suddenly inflate uh all the paintings exactly exactly and i think good artists they understand that as well so they they know not to mint hundreds and dilute their collectors why would they do that there's no benefit for them and they devalue their art by doing so they keep value to their ad by keeping it scarce and limited and making sure the demand is there before dropping too much so can i buy people's art oh there's so many platforms man because it's an nft technically you can buy it from multiple platforms makers place nifty gateway um there's a lot of really good data you can go to cryptoartpulse.com which is a website that i make artpulse.com yeah cryptoartpulse.com which shows you a feed of every single sale that's made and from which artist which collector how much price the profit that was made it's a feat continuously every day you check it and every day every morning every one hour i check it to see which artists are selling which artists are appreciating value and there's a lot of like collectibility but there's a lot of data that that drives my decisions as well right it's not just me just saying oh this art this picture looks good so who else would be like who what other artists uh do you see i don't know moving up right now or yeah you got like a notepad there yeah no i have i have someone listening to the video afterwards making all the notes that's why i don't have to make them i hesitate to say that because you know i'm selective of who i like but you know if you go to crypto art pulse you'll see there's hundreds of artists that are selling pieces for thousands and tens of thousands some of them are pixel artists some of them are 3d artists some of them are flat image artists so there's like the ones i collect is people because people so i think so this is my theory and my assumption and this is what drives my decisions is because i think that this is the first time well this is the reality is this is the first time in history of the universe that digital art has become transferable like the ownership of digital art has become transferable so this is the new era of this phase then three five ten hundred two hundred years from now the ones that started these whole things right the when the history books are written and the documentaries are made there's going to be select few artists that were important in this era this renaissance so for me it's like okay i want to get a piece of these antique historical pieces which in 10 15 years they'll be desirable because they'll be so significant of this time so at the end all you own is a hash associated to your private key um because at the end of the actual true but so okay so the reason i'm saying this i mean you're right that that question is fair and the reason i'm saying this so i don't collect art um i have many many other wealthy friends who love collecting art whenever i'm in their houses i'm like why do you pay a million dollars for this painting right you can just get a copy and they're like yeah but julian like it's the energy it's the whatever the esoteric right it's the the quantum states that that resonates still in the room and the energy that you feel that a print cannot resemble right then whatever right if you believe in this whatever but i get it right i understand where they're coming from the copy is not the same as the original i'm struggling on the nft side there like i all i own like on bitcoin so on bitcoin i get it you're right it's there's only 20 yes there's only 21 million i get it and on the nft side you're saying there is only whatever a thousand uh peoples right um in theory he could make them fungible as well he just makes them non-fungible and and you own one of those right that's kind of the pitch kind of but it's also so i came in with the same mindset of yours purely investor right supply demand because we're a cryptocurrency background we like supply caps we like uh you know we want to know circulating yeah or predictability you want to go into something that you know there's an end to and demand will rise and it'll go up i understand that but collecting brings out a different emotion right and this is something i only learned when i bought it and so some of the pieces that i own i know it sounds crazy but i wouldn't sell it for a million dollars just because they mean so much to me and because i feel that i'm like oh wow others must feel the same they want these art pieces so badly that they will pay big money for it and you know what people in crypto and you know this better than anyone that people in crypto have become so filthy rich there's people like with half a billion dollars that are just people behind that screen you know laptops and these guys have never been able to spend their crypto on anything apart from other cryptocurrencies and now there's digital assets nfts as a whole and if we're just talking art there's art that you can learn about invest in park your assets in you know some of your wealth in exit 2 at a peak of a bull run so there's like you know a different kind there's that's why it's kind of accelerating because people are coming with like 30 50 million dollars and they're like oh let me just throw a million or two million dollars in this stuff and that's why he's seeing this boom you know it's if this was born on a non-crypto native space i don't think it would have seen this sort of acceleration but because it is it's doing that so okay i i want to throw in the question right away um like i get a bit of the feeling and maybe like others as well that this might be i see a wish uh 2017-ish maybe not maybe not end of 2017 kind of bubble scenario but like the beginning a bit um especially like a lot of emotions involved right not much reasons many emotions um yeah a lot of opium a lot of people like yeah speculators how do you see that i think i would agree with you if this was a new industry but it's three years old and art has been breaking records as nfts for two years straight it's just that mainstream didn't know about it we've been said look i i can't say i'm an art collecting og i'm not i've been following this space for six months but prior to that i've been watching it and i've known that since like 2018 mid 2018 art has become like if you look at the graph of super air you can see steady growth all the way for two years right two and a half years and it's been breaking records and every time it's break records the new people they say oh isn't this a bubble like this is crazy why would people spend this much money you know what now it kind of seems like a lot a lot if you um compare it to u.s dollars because spending power of ethereum people with ethereum and crypto has 5x you know people have 5x their wealth in terms of usd over the last six months so if they put down 200 300 ethereum which they used to do before anyway it's not um you know it's not 120 thousand dollars it's like 600 700 000 and that's why all these news stations are coming running and being like oh wow millions of dollars is being spent but for us we bought that ethereum for like 50 bucks yeah yeah yeah eight dollars yeah okay okay fair enough um okay uh question first how do i stay up to date especially the the art kind of game like where where would you guide me why would like what are the links i should post in there um yeah yeah let's jump off points yeah i think um there's some platforms that are quite um popular so a nifty gateway um is where a lot of popular artists come and they drop out um there's super rare that drop only so artists can go and mint only single edition pieces on super rare so each one is that's earlier trades on twitter right no elliot trades i think he does something else uh no no that's super farm that's super fun ah super farm aria right yeah yeah super super rare is an art minting platform then there's maker's place and all this so these are platforms you can buy but what's most important is obviously the data so you can go to a website called cryptoartpulse.com yeah and then you can search the artist's name so if you go to nifty gateway or super rare and you find an artist you can search the artist's name in cryptoartpulse.com and you can see a feed of all the sales and then you can scroll all the way down to the bottom and you can be like wow you know in 2019 this person sold for a thousand dollars now they're selling for fifty thousand sixty thousand dollars you can see x amount of sales happening every month so there's consistent volume coming in and you can kind of do your research in that sense but the most important thing i think is to be part of the community because as you start collecting and as you announce you'll notice this on your twitter if you announce that you own a people piece you're gonna get like a thousand artists starting to follow you you're gonna get collector's time to dm you'll be like dude you own a people right the internet culture and the idea of flaunting whether you want to flaunt it or not just saying you have this it's just like you're part of that group right you're an art collector so it's just like i started as an investor and now i'm just like wow there's a community here like we collect and everyone picks up their like tweet oh matty's buying this maddie's buying that that and then they're pitching me their artwork and it's just like this crazy new world for me but it's fun you know like internet culture is becoming a very strong community and the reason why bitcoin and crypto have value is because of internet culture like people understand internet has value so other than your twitter and youtube do you have like a telegram group or discord or something where you guys discuss this stuff or is it mostly your twitter it's mostly my twitter so on twitter i do threads i do um you know breakdowns analysis points on youtube i cover my buys and i basically keep kind of people posting what i'm doing and my mindset so i think it's a good way to keep in touch okay what's the secondary market like for example for people for people so for people the secondary market is probably the hottest out of everyone so the thing with people is his first drop that he did he sold two single edition pieces and one set of 100 right the set of 100 he sold for a dollar each so you can imagine within a split second they're all gone the two single editions went for 66 000 each that single edition was the one that sold for 6.6 million about a week ago or two weeks ago on christmas all those one dollar pieces minimum right now is about three hundred thousand dollars holy yeah wow okay but these are all they're fungible among each other or or are the 100 all non-fungible i don't know each other no they're non-fungible because the mint so in the art world the mint numbers matter ah if you have number one then suddenly you know that that's a lot more valuable than mint number seven or ten really yeah people pay a lot of money for mid number one mid number 100 and you know if you go to nba top shot um the player jersey's number people pay a lot of money for that because it's a collective thing remember it's a collector thing people just the desire to own something unique yeah so strong man far apart from me okay i really need to understand that world better uh-huh you can only understand it and dude trust me julian i understand you because you're like me you're analytical you're crypto you come from this background you're born in this territory left brain side yeah very left brain and me too trust me but the moment you buy something and then you sell something and then you see something you like i remember the first art piece i bought you know i was like man you know what maddie you gotta like push this left brain aside like let's just try what's what's some harm in just putting in you know ten thousand dollars and seeing what happens so i i remember showing my wife a piece that i really liked and i was like you know babe this is from melbourne the artist is from melbourne looks really cool look at this 3d stuff and she's like oh that's nice and then when i i slept and i didn't buy it and i woke up and she asked me she's like man did you buy that piece it's really cool you should go buy it and i was like oh wow this is crazy coming from you you know like my wife telling me to spend you know 5 000 on this digital piece and she was like oh man can you buy it it's like a really good piece i was like wow this is crazy like you know people value this and my wife's not into crypto at all anyway i bought that and the marco matic who's the artist he lives in melbourne which is near where i live and he goes to the meetups and stuff and it's cool i like you know he he does like storybooks for kids and all this sort of stuff and uh you know like art collecting it's it's crazy man i tell my friends they're all buying stuff there's a recent like i used to play dota so there was like this og do you play dota at all or no no the dota 2 which is a warcraft game or it used to be there's esports teams right and so in esports a really big one called og they came and did a drop so they dropped what's called their rings and they dropped just so just so i also make sure i understand it a drop just means it's basically the initial offering that's creating the whatever the nft so a drop what they do is they say all right for so they have different things so some of them what they say is for five minutes you can buy as many of these art pieces as you want so that's their drop so people go in they buy like you know 800 or something and then after five minutes no one can buy anything and that becomes the supply of that specific art piece set or and then there's an auction and then all that sort of stuff but it's a 24-hour period where the artist comes and he just drops the amount of art and then he leaves and invested by what they want and then he moves on right so um so og came and they sold like these packs or something that you could have bought for i think 75 80 each and they randomly generated different colored rings so there was like 50 supply of gold rings and 200 supply of green rings etc so after that happened they became scarce and scarce and they've gone from 75 dollars to like 500 and when i show my friends they're like oh maddie i want that og ring right where you know i play i watch dota i play um the game i watch oge sports so they come and buy those because they can connect with it so there's different things that you know as collectors we want you can imagine did you watch pokemon back in the day uh i'm telling you my generation was crazy about pokemon if pokemon ever did a drop everyone would throw investing out of the window and i mean that's what a lot of people are saying right yeah they're saying that's when it gets gonna get totally insane okay i always believe it sorry yeah there you go no pokemon is the perfect example of just like an obsessive collector demographic where just so much nostalgia where it's just so much culture around it that it it drives people insane as the amount of money that they pump into it right so that's like a very extreme collected demographic so even if you get half of that into the art demographic then it has i think it's got longevity because if it becomes something that people want to collect um and we're at the cusp of a bull run and people are going to take 10x their wealth again then you can imagine like maybe they'll put into art um where would i buy it like what's the secondary market where i buy a buy a people so you can go to niftygateway.com so people has dropped art in uh two places nifty gateway and maker's place maker's place was the recent one nifty gateway is where he started so you can go to nifty gateway you click on marketplace tab and you will see people you click on people and you can list it from the cheapest and you can see the cheapest that are listed i think the cheapest one currently is 160 000 minimum but uh yeah so people what people did was very significant when he dropped art he dropped also a physical piece so if you bought the nft you would have got a digital piece but he also sent each person you had the ability to claim a physical box set with a digital screen and a gold coin um and and all this cool stuff that came with it so he bridged the gap of our mindset of saying hey you know what we get a physical as well and that's why he's dropped that's why he's dropped did so crazy that it just brought it on boarded all these people that were like nah i don't want this because it's just an nft and now you see people dropping physicals and nfts has anyone tokenized an nft already i would have just assumed like with 160 000 tokenize it into i don't know a hundred thousand uh new tokens each token now is worth a dollar sixty suddenly whoop so you know what so so people when he dropped his art he dropped um the second time he dropped art he dropped 100 no 21 single edition pieces so each one was unique there's a an investor and i think they're at a venture firm or maybe he's an angel investor meta purse or medic meta coven he bought all 20 of them out of the 21 for about a hundred thousand dollars each so he's been 2 million or 2.3 then what he did was he locked it up and he released a token called b20 so b20 is actually an erc20 token and i think when he sold it it was 50 cents now it's about ten dollars because as bpo continues his career everyone just rushed in by b20 yeah so there's all these cool experiments you can get your nft and lock it in as collateral in like nft5 you know there's because it's an nft token you can plug it into all these d5 protocols and build this into games and maybe if you own a people art piece and in the game you've got like a people sword you know nft technology is just so the technology part of it hasn't been uh investigated in depth are there etfs dao's uh like ways how you can diversify like for the average dumb nft investor like myself uh yeah how do i work kind of like this whale shark as well who's a very famous investor in our community and what he did was he spent i think three to five million dollars of his own money collecting art collecting nft cards and all the really rare stuff and then he issued the whale token so if you buy the whale token technically you're getting exposure to all of these assets you know sandbox land all this really cool stuff and so whale token i think has gone from like a dollar to i think recently it's like 30 or something crazy so that's a really good way to get exposure to everything if you want to um yeah so the cool thing is that the nft technology is there for anyone to do anything with niftex niftex.com or maybe snifftex.io they're a place where i can take my nft and fractionalize it i can do like a mini pre-sale and say hey i'm going to keep 40 but 60 i'm going to turn into erc20 tokens the nft gets locked in a a wallet that you need a multi-sig to get out and it gets issued tokens that people can buy on an exchange so niftex is an exchange like that where you can fractionalize nfts so there's all this infrastructure being built around this to give it sustainable value cool yeah i'll ask fabricio or sylvia uh no i'm not sure who's gonna work through the video to really list out all the links you're just mentioning and uh making sure we link them down below i'll work through them myself because i need to get in that uh maybe i'll buy a people visa yeah just to have one for just be safe so right now there's a christie's auction going on for people so this is the first time a pure nft has been sold at christie's and christie's is an auction house that sold like banksies and things before right yeah so the current bid is 3.5 million dollars on this nft with eight seven days left if this bid goes for 15 20 maybe 30 million who knows the hypothesis is that there's going to be so much traditional art kind of respect to the nft world that they'll be like okay let's diversify into nfts and that's why one of the reasons why everyone's trying to grab a people piece and everyone's grabbing these other og artists because they are very prominent in this time sure that if traditional traditional collectors suddenly start collecting digital artists who are they going to come for so you can see it's like myself like i got no clue so i'm like which one do i pick i picked the biggest one so i pick people of course um yeah that's where i'd start yeah yeah what was the story with the banksy thing i mean i posted on twitter like i don't understand this one bit where these people burn the banks the the banksy pick uh picture painting and then issue an nft for it like to me i was like what the hell yeah i look i i only remember looking at it very briefly and i just like just kept scrolling because i don't think it was banksy himself obviously but it was no no it was some some investors who bought it and then burned it yeah i think it was actually from super farm i don't want to maybe not maybe i don't know i don't want to miss quote earlier but um i think what they were trying to show or display is that the physical piece doesn't exist anymore and we're going to make it and we're going to issue an nft and the nft represents what was burnt so just to give you um the idea that you're not buying a duplicate you're buying now the original has now become the nft so i think that's what they were trying to do is you know what the art world is all about these experiments man it's like yeah it's crazy these experiments and the publicity around the experiment gives value to the art and that's why all these people are doing all this fun cool stuff um i actually did this tweet once that said this tweet can be an nft and then people started to offer money to make that tweet into an nft and so i was like okay in 24 hours i'm going to stop the bidding and whoever gets it gets it so the bid went up to 400 and someone got that tweet and that tweet is now on nft and i was like look i don't know if this tweet is going to hold value so i'm just going to make a really crappy art piece for you my first ever art piece i'm not a drawer i don't draw but you have my nft now so it's all about these little fun experiments that is is like kind of fun to be part of wow okay what about all the other areas is it's art to date the main topic you focus on i mean i come from professional sports right so for me like collecting cards is something like sports cards is at least something i could somehow relate to but even there i'm struggling but what about all the other things like yeah collectibles like the cards right skins for computer games the utility things like yeah what's the give me a bit of an overview there i think the art world is very the reason why it's blowing up right now is because it's a very easy kind of platform to create like all you have to do is create the base structure of the platform start uploading images and you have a platform and the industry can go on its way games obviously take two three years to develop they take fine tuning they take game play you know people have to figure out how to optimize for gameplay and all that sort of stuff stabilize the system and so games haven't really started to take off yet but i i think that next year and maybe at the later late this year there's going to be a big rush of really good quality aaa games that are in integrating nfp technology where you can buy the early skins the early swords you can trade these on the marketplace there's a really cool game called axi infinity which i like this kind of pokemon style game it's pokemon uh tamagotchi and the early axes that's what they call them um that you could have bought you know three years ago you you had a chance of buying one and it had a chance of becoming what's called a mystic axi or having some of its parts a mystic part and so back then you could have bought them at 0.6 ethereum but over the three years now they have gone up to nine ethereum minimum for a single one and an axi with four parts mixed a mystic yeah an axi with three parts mystic i think sold for like 150 000 um last year yeah it's crazy so what for games a different type of investing for me as the game user base increases the daily active users increase right there's thousands and hundreds of thousands of players of the game why would they not go for why would the demand not increase for the very early items and the rare items so that's a different way of investing i'm actually from virtual land that's how i got in right so in yeah yeah decent land i got in uh jan 2018 and i joined the discord and there's all these people saying yo what's the difference on decentral and between land and mana i i never i i forgot what's the difference but mana is a cryptocurrency man is a cryptocurrency rc20 token that's exchange tradable on exchanges land is an nft token which if you own that land then you have the build rights for that particular coordinates so that land can be very central that land can be next to atari that land can be all over the place and based on where it is it has different value because people want to be next to atari or people want to be close to the center which is the spawn who is atari atari land you don't know atari no dude atari is like one of the biggest game uh consoles i thought it's a person like i of course the gaming thing i think it's like a crypto something i don't know so atari have deployed in decentral and they've they've got like this really cool competition where game developers can make a game in decentraland to be played in the atari building which will run under the license for three years so the revenue generated and so people want to have land closed there and and for what reason well they can build stuff so they can build like conference centers and charge people 20 you know 100 mana each to enter um they can build like games who enters who enters it it's kind of like second life so like there's a really popular project called uh decentral games who built casinos so decentraland is an interesting one because decentral and the concept of it is to decentralize the platform so it's not just one server that hosts all of these central and there's multiple servers that host decentral and it can it can't be shut off and then there's the dao right people vote on the direction that the world takes if they want to add more land or if they want to add more mana and all that sort of stuff so it's kind of decentralizing that aspect and that's why there's a casino that's there and they've released a dg token and you can go and mine dg token by playing their games so i think dg tokens like 40 50 million dollar market cap but it's an example how people are using their land but you know you can build conference centers you can build people are actually building galleries in fact galleries have become one of the biggest use cases for virtual land not just decentralized by crypto voxels because you know there's people with like five ten million dollar art portfolio so why wouldn't they build a gallery a virtual one where they can bring in everyone uh they can start a twitter account just like real galleries yeah of course yeah totally okay cryptovoxels yeah okay um isn't there i i remember that isn't that an austrian project i thought they are also getting involved in this maybe no austrian not australian maybe it's a thumbnail space yeah i'm not sure the somnium space crypto voxels the sandbox and decentral and are probably the biggest ones i know axiom infinity also are releasing virtual land gameplay as well um but yeah man it's i would say that land is not a collectible obviously it's more a utility item you own the land because it's in a good spot um and so for example there's a land that uh meadow coven bought and i had that land i sold it to meadowcoven he was the guy who bought the people pieces and meadowcoven ended up building a huge museum for people and he had this huge meet up when he launched b20 he actually had a massive meet up across all the metaverses sorry the whole metaverse so uh cryptovoxels somnium space uh decentraland and the day he dropped a b20 um you know everyone was in these virtual places and it was streamed in and it would he was streaming in like what the plans are for b20 we were doing q a's and stuff like that and so like you know and then that that that land where his museum is that became quite valuable so the land next to it when an investor came to me and he's like man i want to buy really nice land where do you where do you think i should buy i want to build a nice gallery i was like hey why don't you build next to medicoven so he got that land and he really wanted that one so it's like this place where it's it's crazy it's like the real world how when someone builds their base you know people want it next to you it's a new industry man like it's all kind of forming in front of our eyes and we're all kind of experimenting and learning wow okay um what is uh like i've i'm in touch actually with gary vaynerchuk and mark cuban and yeah what like what is their angle in all that from what you can see gary is very bullish on the collectible industry as a whole and the nft industry as well and i've spoken to gary as well and he gets he gets that obviously nfts are much bigger than collectibles yeah i mean he was he's always in what uh yeah collecting all the the baseball cards and stuff yeah he talks about that all the time yeah but yeah and his brother aj i mean he's also i mean big in in dana sports so exactly and also like um mark cuban he definitely understands that nfts are more utility thing like when he first dropped his things on wearable he was like hey you can buy this on wearable and you're going to get a 30 second clip from me on my twitter and they were going for like 10 000 each or twenty thousand dollars each just for this nft that if you bought it it unlocked an email address and that email address you could email and pitch what you wanted what you wanted him to say and it was cool because everyone ran in and got some stuff so i think they definitely understand it and they're very bullish i think gary's like almost all in he's just like talking about it all over the place all these podcasts these days are all nft related and i think he really sees there was a quote that he said he said nfts are the manifestation of my life or something along those lines like the whole collectibility now in the digital world is just like this massive massive yeah it surprises me both because both mark and gary both were like never convinced the bitcoin and now suddenly with this non-fungible stuff for them they totally get it it's so interesting so why because they change your mind i think they they especially gary i think he's he's like a community person he understands the russian passion like a community and so if a community gives something value he can see that he identifies that and when he sees and he sees that he knows that value given by internet communities is very strong and also chamath chamath also said that he's acquiring a big collection of art nfts so you know chris what about uh paul logan didn't he get also into into nft stuff what does he do there yeah so paul logan paul logan paul yeah yeah you got me confused i was like yeah no logan paul he released i think um 3000 nfts or something like that on the bondly platform so bondly finance um are a platform that i think are building like an nft launch pad they're doing lots of things but one of the products is an nft launch pad for these influencers so they've had um logan paul i think they've got like three to four or five lined up of similar caliber and they're going to release nfts through that platform so that's why i've kind of invested in bondly because i think it's going to be pretty big um but logan paul did that that is what that's an erc20 yeah yeah only is an erc20 it's a more of a d5 kind of platform but it's really cool because the nfts that they're selling if you buy them then you can use if you stake that nft on that on their decentralized exchange you get zero fees so they're building utility for the nfts so if you own them you can keep packing utility to it and keep bringing value so that's a different kind of thing so um and maybe taking it a step up if i don't have faith into the in the actual nft and i live more by the idea let's not try to to find the gold let's try to to find the shovels and uh and the genes and stuff so basically taking the level up my first thinking would be i would be investing more into the exchange platforms into the trading platforms am i is my thinking wrong here is and maybe i'm not having the direct exposure right maybe i'm not going to have that much upside but i also would have probably lower risk um welcome through there a bit yeah i have the most of my portfolio seventy eighty percent of it is in cryptocurrencies or equity into companies that like you said are on a structural level marketplaces that are going to be big nft marketplaces like wearable um decentralized mana token because you know as a virtual land it might be a big place as a virtual place where people may hang out and build like conference centers and whatever sandbox also has a sand token you've got whale tokens so if you want exposure there's about five to ten that cover the spectrum you can all you can also invest in matic that are building they've got like 50 daps in the nft space built on matic um floor blockchain that are you know becoming engine engine as well yeah engine wax wax is like a collectible launch platform so you can there's like 10 to 15 that are mature and have been around for two to three years i think nftx is doing like index funds for nfcs so you know there's there's an array bondly finance so like yeah there's like there's not one that cover everything but you know there's 10 to 15 just like you want to invest in d5 coins i have a set of like 10 to 15 that i've spread my world across and they're doing pretty well man like yesterday they were all mooning and i was like well this is like yeah yeah no no i i have a that's the space that i've invested in and i saw it it's like insane uh like massive massive massive gains over the past couple days especially um obviously not as much as if you invest directly into the nft but then also i don't have to have as much conviction on the individual piece or something yeah well cryptocurrencies are an easier mechanism to invest right it's all on it has a better visibility it's all in exchanges people have 10 years of experience in investing cryptocurrencies so it has better liquidity so i think it's just as profitable to invest in cryptocurrencies nfts are more for like experimentation of what the platform and this industry can do so if you spot opportunity early then you can capitalize on that if you put everything together which is what some of these people are doing and then obviously the next layer would be if people don't even want to do that they would invest into what ethereum which blockchains are most of those um basically all those projects on i mean because you could say okay i'm just investing into the blockchain yeah my upside is the smallest in comparison to if nfts take off but my downside is the is the lowest um what are the main blockchains that all the stuff is on ethereum is definitely the biggest by far just because it came with a lot of investors that were quite wealthy that wanted to see success in ethereum so they wanted to promote the project so you know they're happy to spend money on projects that are building on ethereum so ethereum is definitely by far the biggest then there's flow blockchain that came out of nowhere and now did really well with nba top shot um sorry you know crypt it comes from the same family of crypto kitties dapper labs and it's it leverage it's going to leverage nba topshop to bring a lot of like new projects on flow i think flow's going to be a really big one and then there's a lot of like um scaling solutions like matic immutable x is coming near protocol there's like five or six really good ones that nft projects are um using to kind of scale themselves because obviously transacting on ethereum doesn't make sense you're paying 30 to 50 to trade a two dollar card it doesn't make sense that so they need to implement some sort of scaling solution so i think you know there's those um if you want to drive it really back to kind of a safer play yeah cool um maddie what i would love to do um obviously we're going to drop this uh on the tournament channel i would love to kind of compile a list of questions that for sure are going to come up and i don't know if you opened that maybe we do a round two where we specifically address the questions that people have um yeah um that would be i think uh super helpful super fun um other than the twitter um youtube channel anything else where i'm gonna link it up below this is gonna be the first two links in there uh as hop off points for you i would just say twitter twitter i'm crazy about just because everyone should the whole community lives on twitter we're all sharing stuff it's all growing like crazy on twitter youtube if you want more in-depth content i do podcasts i've done four so far and i'm going to have a lot of guests from founders to artists on uh on on youtube so i think just those two i can say my blog but i'm more active on twitter and youtube so dcl blogger on both youtube and twitter so and on twitter that's at dcl blogger right yeah yeah it's like yeah i'm not sure well i'm thinking of changing my name to nft blogger i'm like ah you know i i dcl bloggers when i started with decentral and i was like oh maybe it can be decentraland or decentralized you know based on how decentraland goes but then uh now the nft space is so big i think at some point i mean if the if the handle is available i would go with nft blogger just uh like seo advice or yeah or twitter search engine okay we'll link up the yeah uh updated uh handle anyways cool um maddie that was super insightful i'm telling you like i went into this call and i was like 99 sure maddie is not gonna change my mind because to me that's just trash and uh it's exciting but that's trash and now actually i sit here and i'm like okay i get it i'm just not understanding the space well enough if i would and i would spend more time in there i would definitely see value in there um i might buy a people piece nice i've done my job yeah yeah man look at any time if you want to uh like connect up again and then you want me to walk you through like the platform you can screen share i can show you the data and like why my buyer decision makes sense to me and then you can you know decide off there where you want to go ah that would be cool yeah that's awesome okay cool um yeah uh i'll i think that videos we're recording march 5th um yeah i think that video goes out next week because we need to transcribe subtitle like translate subtitle um so it's going to go out next week somewhere then we're going to get the questions um yeah and then i would love to kind of walk those through and yeah i think a screen share something would be awesome awesome man let's do that maddie totally appreciate that um yeah thanks so much you're in melbourne right i am in melbourne yeah awesome city man yeah surfing good kite surfing yeah i had some great days there so yeah no it's nice it's the only problem is that the timings are really bad with you it wasn't too bad but uh with most people in like the u.s for me it's just three hours so it's okay yeah no it's actually pretty good usually at this time everyone's sleeping yeah cool man hey i totally appreciate that um yeah hey all the best in the meantime stay healthy stay safe um we're gonna be in touch and you have my email and everything and then um yeah uh we'll reach out i'm following you on twitter i'll i love your stuff so it's really good cool thanks man we'll be in touch for sure appreciate it thanks

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