Devin Finzer, Co-founder and CEO at OpenSea, which is the largest marketplace for Rare Digital Goods. These Rare Digital Goods on the OpenSea Marketplace are Non Fungible Tokens, or NFTs. NFT's are unique, provably scarce, liquid, and usable across multiple applications.
There is a booming market for NFTs in things like: Virtual Real Estate, Domain Names, Virtual Art, Game Items, Tickets, Etc. NFTs are very hot right now and in this conversation we go over the different types of NFTs out there and how investors can get involved. Devin literally wrote the NFT bible on all things NFTs, loads of value in this episode.
Please enjoy this chat with Devin Finzer of OpenSea.
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Show Notes
0:00:00 Welcome and context
0:02:07 Who is Devin Finzer?
0:05:16 What attracted you to NFTs at the beginning?
0:08:05 How do NFTs work?
0:09:30 How are NFTs different from fungible tokens?
0:12:51 What are the most popular use cases for NFTs?
0:17:34 What are the use cases of digital real estate?
0:21:10 What are the headwinds for virtual real estate?
0:24:43 Are there any platform risks with decentralized digital worlds?
0:28:51 Could centralized gaming platforms introduce some features from the NFT world?
0:32:32 What are the most common myths about NFTs?
0:35:21 What sort of investors you see in this space?
0:38:26 What catalysts can help this space grow significantly?
0:41:50 What would be a good starting place for NFT investors?
0:45:17 What key differences you see in OpenSea from the typical consumer space?
0:49:29 What is OpenSea?
0:52:41 What is on the roadmap for OpenSea?
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