Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Jamie Burke, CEO of Outlier Ventures, and Mason Nystrom, a research analyst at Messari, discuss the NFT craze that has enveloped the crypto world over the past few weeks. In this episode, they talk about: their backgrounds, and how they became involved in crypto (1:19) the major catalysts -- specifically Beeple and NBA Top Shot -- that have brought NFTs into the mainstream (5:29) why NFTs are a “megatrend” and not just another ICO-like bubble (13:35) how to explain non-fungible tokens to normies (18:06) what someone is actually purchasing when they buy an NFT (24:46) the reasons behind NBA Top Shot's success and why it is so difficult to withdraw money from its platform (36:27) the best way to scale NFTs and why Ethereum, despite severe storage limitations, will most likely remain the most popular blockchain on which to mint NFTs (41:44) why the gaming, fashion, and music industries will be disrupted by NFTs (49:37) when the current subscription-based business model for content creators will transit