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NFTs Will Be the Sirens of the Digital World

NFTs Will Be the Sirens of the Digital World

Art, games, and collectibles can attract the masses to the metaverse in ways a cryptocurrency simply can't.

Raoul Pal: The Journey Man

June 2, 202212m 15s

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Show Notes

As Andrew Steinwold sees it, we can't expect people to change the way they transact based on arguments built around "blockchain transactions per second, staking, [and] down with the Fed." That’s not how to get them to understand and appreciate the value of crypto. On the other hand, fun things like "art, video games, and collectibles" will attract the masses and will pique their interest in this new digital world. NFTs, Steinwold explains to Sergio Silva, will be the thing that brings the people to the cryptoverse. Steinwold, managing partner at Sfermion, and Silva, an NFT collector and the sales director at Fireblocks, also talk about gamers, a slowing economy’s potential to affect Web3 investment, and the crypto industry’s future. Recorded on May 25, 2022.

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