How to invest in NFTs: Gary Vaynerchuck’s VeeFriends Collection exemplifies the skyrocketing interest in non-fungible tokens. Read the article at https://bit.ly/3eQNwZ8
An article entitled ‘Entrepreneur Gary Vaynerchuck Looks to a Promising Future for Blockchain and NFTs’ has now been released and published by The Blockchain Domain, an authority website in the Digital Currency, Blockchain and Technology Marketing niche. The article brings to light fascinating information, and especially for people who are interested in blockchain, cryptocurrency, fine art, memorabilia and collectibles, technology investors, artists and auction houses.
Entrepreneur, CEO and self-proclaimed business builder Gary Vaynerchuk believes blockchain and non-fungible tokens (NFTs) are set to transform business and investing over the next few years. According to Vaynerchuck, smart contracts are the main part of NFTs that will eventually impact everyone’s lives, just like the internet. Perhaps one of the most interesting, or relevant pieces of information to digital media, blockchain enthusiasts, venture capitalists, art dealers, technology innovators, cryptocurrency investors, artists, auction houses, which is included within the article, is insights from a recent interview with CNN Business in which Vaynerchuck said he believes “smart event” tokens have the potential to generate real value for NFTs instead of digital art.
The business bigwig has rolled out his own VeeFriends NFT collection, which offers buyers three years of access to Vaynerchuck’s VeeCon business and marketing convention. Buyers may purchase the tokens using Ethereum’s Ether cryptocurrency. Shaping Influence Editor, Laura Stotler, uses this article to bring particular attention to the Future for Blockchain and NFTs.
“It took me months of hardcore thinking of how profound this was and I believe it’s there,” said Vaynerchuck. “Just one caveat: I do believe that 98 percent to 99 percent of NFT projects will fail as investments but that’s similar to me as internet stocks in ’99 and 2000. But Amazon.com was there. The internet changed our lives and the blockchain and NFTs will do that as well.” When it comes to NFTs, one of the first questions people ask is why they are necessary to accomplish something that can already be done. Vaynerchuck likens that thinking to early opinions about the internet. He provides an example of a pizza shop selling NFTs and ultimately using them as marketing collateral.’
The Blockchain Domain provides readers with content that explains complex blockchain technologies in plain english, reinforcing the value and myriad mainstream applications in markets like finance, real estate, art, marketing and healthcare..
Vaynerchuck offered another example of how NFTs can “cut out the middle man” in business. An up and coming author, for instance, could sell NFTs to their social media audience to fund a new project. The buyers could then get a percentage of the royalties from future earnings, cutting out the publisher entirely. The same could be done for music artists and other creators who wish to work independently. While Vaynerchuck’s views may seem radical to some, he offers his past experience as a testament to his vision..”
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Once again, the complete article is available to in full at https://www.theblockchaindomain.info/topics/apps-and-use-cases/articles/448872-entrepreneur-gary-vaynerchuck-looks-a-promising-future-blockchain.htm.