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The Video That Will Get You To Start Your NFT Journey - YouTube
Channel: GaryVee Video Experience
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[Music]
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hey just want to make uh a video
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on an early observation
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while i'm in the process of the journey
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of through this
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nft space you know obviously i bought
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bitcoin
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theory and back bitcoin in 2014
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um and have been following space for a
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long time and had really
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understood what was going on with nfts
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maybe a year and a half ago
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obviously in the sports card world the
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nba top shot all that stuff but
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somewhere around
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october november this year i started
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getting really serious and just started
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realizing
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how excited i was about it because it
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was like a culmination of all the things
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i love storytelling there's gonna be
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millions of nfts projects and
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and most won't succeed you know no
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different than
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for every pokemon or star wars there's a
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black hole or
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bucky o'hare right there's just or for
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every
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magic the gathering there's a snorks
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there's
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so much ip out there but what's very
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clear is that
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the alternative investment ecosystem
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the growth of blockchain in general
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societal norms digitization
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of our society you know what's a blue
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check worth to a lot of people
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is what i say to a lot of people like
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why would i buy this
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status we wear brands to communicate who
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we are we we have facial hair and we're
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hats
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and live like we are creatures that
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communicate
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with each other through our purchases
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and our behaviors
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like like it's who we are and so
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so to me this nft journey is amazing the
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community is amazing i haven't felt like
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this since
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web 2.0 2005. it's just so obvious some
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of my
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brightest technology friends that i made
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friendships with back in 2005 that web
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2.0 era
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are flirting it's just so obvious to me
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and so
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non-fungible tokens are going to be a
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big part of all of your lives i really
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believe that i think this is a
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space space like a real rail space and
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so i think you should get educated i
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think um i think it's a really good idea
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to
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spend the 10 15 20 hours to go down
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those rabbit holes on youtube or google
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depending on how you learn better audio
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video
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written word um and i'm really excited
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about i'm gonna really go
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at it and i'm gonna buy a bunch and i'm
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gonna trade a bunch and sell a bunch and
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uh use a bunch and really get deep into
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this community and so i'm excited
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and i want to excite my community
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because i think a lot of you will do
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well and this will be the video that you
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reference in five seven nine years
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to being one that got you going in a
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space that
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changed your life so fun video for me to
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make
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haven't been able to wouldn't have been
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able to make a video like this
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um maybe sports cards three years ago
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but this is a video i would have put out
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in 2005 or six
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or seven around social media and i did i
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do have some of those videos
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anyway nft something that i think uh
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you'll enjoy yeah talk about nft yeah
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nfts
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my favorite new topic i'm so obsessed
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too i'm spending a ton of time on this
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in my own brain for people who don't
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know what nfts are right non-fungible
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tokens
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uh these are one of the great parts
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about the uh
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the whole in the crypto space the
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blockchain space
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satoshi's white paper is it was the
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first digital signature that you could
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encounter fit
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so think about that means you can make
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digital art that no one can counterfeit
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and so all of us on art gets its value
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uh
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from scarcity and so the blockchain
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allows you to do that so now we're gonna
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see artists for the first time
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ever create art digitally right the
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great artists
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they never did before uh so you're going
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to sell digital art you can actually
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take your phone you're going to buy it
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it's going on your phone you're going to
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walk home you're going to throw it up on
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a
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giant screen and you're like that's mine
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no one else owns that thing that's mine
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and so we're going to have collectibles
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they're going to create new collectibles
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percent there's gonna be instead of
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baseball cards well there's nba top shop
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they're so rare
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shopping blowing up all of a sudden
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looking at it and so then there'll be
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fractional things that get sold well
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that's what's happening the
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fractionalization of physical things
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is a game changer the reason michael
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jordan's rookie card is going to a
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million dollars because you can sell 100
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coverage yes because kenny and staphon
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actually want it
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i know they do but they're not dropping
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350
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000 on a single sports card not yet not
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yet not yet and i know and i know them
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but would they drop
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350 bucks if they knew was going to a
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million that's no different than buying
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a little tesla on apple stock the
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fractionalization
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of sports cards is going to get that
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market insane
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on the tippy-tippy top and so and you're
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going to
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you're going to fractionalize jerseys
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you're going to fractionalize
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cars or fractions all kinds of
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memorabilia is going to follow but even
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bigger than that are going to be these
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nfts you're going to have
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the super bowl we're going to have you
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know mahomes and i'm going to have an
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artist do a painting on a digital
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painting of him and a rapper or
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you know sing a little song behind him
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and then he's going to be up there this
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and you're going to sell
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that little clip from the super bowl
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done by chase
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chase hall or whoever the artist is and
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people will be like dude there like 10
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of those and they're going to buy them
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and they're going to keep i think people
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need to know how to showcase them
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yeah the missing pete we're in it just
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for the record because i want to clip
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this one day and say you know i like to
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do my content in nine years i'll clip
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this and be like see told you
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you're 100 right in one other man's
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humble opinion
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why why art works is
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high net worth individuals buy a piece
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of art and
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whether they put it in a moroccan you
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know warehouse or whether they put it in
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their upper west side
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uh apartment or whether they have a show
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that they donated to something they're
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able to you know
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display it display it they're they're
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they're gonna be able to recent sports
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cards are is because you take a selfie
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and put it on instagram we love to flex
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i'm waiting to understand the
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flexibization
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of the nft and as soon as i understand
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it
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it's coming oh i'm the least confused of
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all time so when you think about nfts
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you mentioned digital scarcity nfts
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what's going on in that space it's
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really early as you mentioned
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i think it's a great area for people to
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really get tapped into do some research
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what are you seeing where can people
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start to learn a little bit more about
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that space
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you know i think when you look at that
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um bitsky.com is a platform that i think
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is working
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go project i mean there's a if you just
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go to the hashtag nft on twitter right
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now
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there's an incredible amount of uh
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information people the artist
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like just google search what he's up to
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with christie's
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this is for me personally this may be
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the space that is the manifestation of
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my life
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supply and demand scarcity trading ip
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if you want to talk about something to
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pay attention to the ip wars for nft
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rights are going to be remarkably
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interesting
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and just the fact that we're living in a
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digital world what's a blue check
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verification worth
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to a lot of people in in the world today
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unfortunately or fortunately depending
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how you want to look at it
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quite a bit and i think with the rise of
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vr
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you could really start to understand why
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these nfts
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have a real shine i think that that nft
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is going to be something coming out of a
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lot of people's mouths on this program
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over the next half decade
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all right so let's um speaking of sports
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let's talk about nfts um
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tell me what i need to know about uh tap
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top shot
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and which is what is going on there
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because um i'm only 30 but i feel like a
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boomer when i when i look at some of
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this stuff
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you know what's so funny uh a lot of
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people are trying to connect their coin
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base to their meta mask right now
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and they're like scared and i keep
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making fun of them because i'm like you
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made fun of your parents for not wanting
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to put a credit card
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into a website nine years ago and now
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you're the boomer
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uh there's a lot going on in nfts you
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know the
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digitalization of everything in our
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society social currency
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the reason people care about a blue
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check on instagram is the same reason
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this is going to be huge
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ip is going to see an incredible amount
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of dollars artists
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both digital artists and music artists
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are gonna
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are gonna find a platform that is going
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to allow them to monetize without people
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sitting in the middle taking a piece of
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the cut this is going to be an
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incredibly big revolution
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and you know nba top shot is an
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incredibly big platform
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uh because nba ip is so hot sports cards
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have been so hot
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nft is getting hot so that was a perfect
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storm
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big shout out to those individuals
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you've got so rare
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which uh which uh i wrote a tiny
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twenty-five thousand dollar check into
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but i bought more
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in the actual soccer cards on there
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um i think you're gonna see a lot about
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so rare talking about giving
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footballs aka soccer's global footprint
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and then you've got the overall nft
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market which is just
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about to and i wasn't kidding this
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program
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is going to spend an enormous amount of
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time this summer fall winter talking nft
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