Creators of Web3

By Eric Siu and Wil LeeBusiness Investing

Creators of Web3 episodes

February 03, 2023What's REALLY Happening in Web3 Right Now
Web3 continues to make massive advances and promises to disrupt even more industries going forward. Today, we take a look at what is really happening in Web3 right now, some of the biggest trends that we have witnessed recently, and what we believe they mean for the industry. Tune in for more!
TIME-STAMPED SHOW NOTES:
[00:04] Trends in professionalism that Eric is witnessing at Single Grain.

[01:30] Will reflects on the FTX collapse and what it means for big brands in the Web3 industry.

[02:40] How the amateurs are being flushed out to make way for serious professionals.

[02:55] An increasing focus on wisdom, experience, and accomplishments.

[03:25] Why we don’t believe we’ll see a bull market for a while still.
Tweetables:
“The flipper, the speculation mentality, that is gone and that is a blessing. That is what I want to continue to see [in Web3]. As more money comes in, there are more people that are serious.” — @ericosiu [0:01:05]
“A lot of amateurs that are in it just for the quick buck or in it just because of Web3 are being flushed out completely. What’s left are the adults coming in [to build] the real stuff.” — @wilxlee [0:02:41]
Links Mentioned in Today’s Episode:
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
5 min
February 01, 2023What Are the 3 Things That You Would Advise Someone Launching an NFT Project Today to Focus on and Why?
During his talk at Art Basel, Wil was asked about the three things that he would advise someone launching an NFT project to focus on and why. Today our hosts share their answers. Tune in for some insightful information on business plans, missions, and understanding your ‘why’, along with plenty of examples of what people in the industry have done right and wrong.
TIME-STAMPED SHOW NOTES:
[00:23] Why do you need to have a business plan if you are launching an NFT project?

[01:17] Why you should lead with your mission and not how you’re going to make money.

[02:51] Why you can’t copy what everyone else is doing, you have to have something original.

[04:20] The importance of having clarity on your ‘why’.
Tweetables:
“The bigger your mission, the more people are likely to follow it and also stick around too.” — @ericosiu [0:01:50]
“The ups are super high and the downs are super low. And if you do not have some sort of reason as to why you’re doing what you’re doing and why you’re in the space, you can so easily be drowned out by the noise, by the marketplace.” — @wilxlee [0:04:29]
Links Mentioned in Today’s Episode:
Art Basel Miami
Miami NFT BZL
SpaceX
DoodlePutt
VeeFriends
Cockpunch
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Single Grain
6 min
January 30, 2023AI and Web3
ChatGPT is an AI chat interface that is incredibly useful and time-saving. Today our hosts discuss how this and other forms of AI relate to Web3. Tuning in you’ll hear about how ChatGPT works, the research Wil did into how AI can help enhance Web3, and what Wil was able to achieve using AI. Tune in for a better understanding of AI and Web3 as well as speculations on where this kind of technology is likely to take us in the near future.
TIME-STAMPED SHOW NOTES:
[00:05] Wil’s thoughts on AI and Web3

[00:19] The research Wil did into how AI can help enhance Web3.

[01:08] Some context into ChatGPT.

[01:48] How ChatGPT relates to community and Web3.

[02:19] The complexity of the algorithms that it can come up with.

[03:45] Tools that you can use to figure out how this all works.

[03:56] Why you should familiarize yourself with these tools.
Tweetables:
“Not only was the AI able to actually spit out a smart contract but also it was able to design new tokenomics if you give it enough variables.” — @wilxlee [0:00:34]
“I think this is just the very beginning. In two to three years, we’re going to see something like this [ChatGPT] really start to challenge Google.” — @ericosiu [0:02:13]
Links Mentioned in Today’s Episode:
ChatGPT
Stable Diffusion
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Single Grain
5 min
January 27, 2023RTFKT Getting Wrecked for Horrendous Merch Drop
Nike’s RTFKT has been teasing a drop of metal boxes that were at some point valued at 2+ETH. What this product actually ended up being was a 0.1ETH discount that would be applied upon the purchase of Nike’s new self-lacing shoes (which are not available for shipping outside of the USA). In this episode, our hosts discuss the anger that this caused, the tension between Nike’s corporate background and Web3’s focus on the community, and how they can improve loyalty among their Web3 community going forward.
TIME-STAMPED SHOW NOTES:
[00:07] The backstory to RTFKT’s horrendous merch drop.

[00:43] The frustration at the fact that they don’t ship outside of the USA.

[01:28] The impact that this has had on RTFKT’s holders’ sentiment and loyalty.

[02:07] Eric’s prediction that RTFKT will pick up their sense of professionalism.

[02:26] The struggle between Nike’s corporate background and Web3’s focus on the community.

[03:07] Wilson’s proposed solution.
Tweetables:
“It seems that [RTFKT] is missing their bearings a little bit in terms of community first and making their holders feel like they’re a different class, whereas everyone is seen as consumers right now.” — @wilxlee [0:01:15]
“I think RTFKT, because they are owned by Nike, will pick up their sense of professionalism faster.” — @ericosiu [0:02:08]
Links Mentioned in Today’s Episode:
RTFKT
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Single Grain
5 min
January 25, 2023NFT Basel - 1 Year Later
Last year’s NFT or Art Basel was the height of the NFT market. Having just returned from NFT Basel 2022, Eric and Wil share their views on this year’s event and what it says about the NFT market going forward. Tune in to find out what Eric and Wil gained from this year’s NFT Basel and why they are cautiously optimistic about the NFT space.
TIME-STAMPED SHOW NOTES:
[00:04] Some background into last year’s NFT Basel.

[00:40] Wil’s take on this year’s NFT Basel.

[01:07] The types of meetings Wilson attended.

[01:55] The geographic limitations of NFT Basel in Miami.

[02:14] Eric’s experience of last year’s NFT Basel compared to this year’s.

[02:53] Why this year was smaller but more productive for Eric.

[04:02] Why Wil believes that people are cautiously optimistic about the market?
Tweetables:
“I think this down market is proving who’s going to be around for the long term.” — @ericosiu [0:03:45]
“The common theme is just people are getting very cautiously optimistic. They’re cautious about the uncertainties that are in front of us in the short term, but optimistic about the long term.” — @wilxlee [0:04:07]
Links Mentioned in Today’s Episode:
Art Basel Miami
Miami NFT BZL
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Single Grain
5 min
January 23, 2023How to Deal With Anger From Your Community
When you are dealing with anger from your community, it’s important to take a step back and gain perspective. In today's conversation, we unpack the difference between useful feedback and unwarranted anger, and how to determine when you should engage.
TIME-STAMPED SHOW NOTES:
[00:00] An overview of the anger we’ve been seeing in our communities.

[00:29] Examples of when Wil chooses not to engage with anger in his community.

[01:28] Why you need to protect your mental health.

[02:07] How to differentiate between respectful feedback and unwarranted angry comments.

[02:40] How a member of Wil’s community has inspired him.
Tweetables:
“My way of dealing with it is to not engage, there is no point in engaging because you're stooping down to their level. And it's truly a reflection of how they feel at that current time. It's not really a reflection of who you are as a person.” — @wilxlee [0:01:05]
“You have to protect yourself. Because at the end of the day, people are going to take whatever you give them.” — @ericosiu [0:01:30]
Links Mentioned in Today’s Episode:
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
5 min
January 20, 2023Critical Lessons You Can Learn From Traveling for an Extended Period of Time
Traveling for an extended period of time, whether it’s to attend an event or go on holiday, can be incredibly invigorating. In today’s episode, Eric breaks down his recent three-week trip in which he visited Dublin, London, and New York. He breaks down what he learned from attending conferences in each city, and offers his advice for anyone looking to travel more by being hired to speak. To learn more about our key takeaways from long periods of travel, make sure you tune in today!
TIME-STAMPED SHOW NOTES:
[00:26] The conferences that Eric recently spoke at in Dublin, London, and New York.

[01:05] How traveling allows you to form deep relationships and create content.

[02:13] Eric’s advice if you are just starting out as a speaker.

[03:40] Why providing value is essential if you want to be invited to conferences.

[05:04] How to take advantage of travel to meet other people in your field.

[06:28] What does solo strategizing means for Eric?

[07:16] The inspiring and energizing effects of travel.
Tweetables:
“Going to these events allows you to find like-minded people and build a deeper relationship.” — @ericosiu [0:01:38]
“The caveat is actually to do good work. To have something valuable to share before you even think about doing these things. Otherwise, you’re on stage and you have no value, no substance, nothing to add to people's lives. Then why would they want you there?” — @wilxlee [0:03:42]
Links Mentioned in Today’s Episode:
Teamwork
Asana
YPO
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
11 min
January 18, 2023How to Create Connections in Web3
It’s always a good time to network and make connections, and one of the best ways to do so is through common interests. Tune in as we discuss the best ways to connect with people (both online and offline) and how to identify the many ways you can add value when reaching out to new people!
TIME-STAMPED SHOW NOTES:
[00:06] The new checkmark feature on Twitter and why you should get yourself verified.

[00:37] Why now is a good time to network.

[00:57] How to learn about what people are interested in and how you can add value.

[01:26] Examples of how to create opportunities for connection, both online and offline.

[02:50] The importance of connecting with people who share your values.
Tweetables:
“I think this is actually a really good time for you to do any type of networking because markets are slow. There's really not much going on.” — @wilxlee [0:00:37]
“What's always worked really well for me is throwing dinners with people that are doing interesting things. And so instead of trying to be interesting, put a group of interesting people together and just be interested in them. And everything will fall into place.” — @ericosiu [0:01:26]
Links Mentioned in Today’s Episode:
How Win Friends and Influence People
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
5 min
January 16, 2023Time Management as a Founder
Time management is something every founder needs to come to grips with. The “work hard, play later” mentality can be a really dangerous one to fall into, and today, we discuss ways to manage your time effectively to maintain a balanced lifestyle. Tune in for our personal time management goals and tactics.
TIME-STAMPED SHOW NOTES:
[00:08] Who inspired the topic of today’s episode?

[00:43] What entrepreneurs get wrong when it comes to time management.

[01:54] Our time management strategies and goals.
Tweetables:
“Time block is a really important tactic.” — @wilxlee [0:02:28]
“Not taking control of your time and letting someone else manage it for you is delegating your life to somebody else and it’s not worth it.” — @ericosiu [0:04:47]
Links Mentioned in Today’s Episode:
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
6 min
January 13, 2023Extreme Winter Incoming – What Should We Do As Founders?
Winter is coming and, as founders, we need to prepare to weather the storm. With the recent mass layoffs and hiring freezes in the Web3 space, it’s important to stay level-headed as a leader and do your best to steer the ship in the right direction. In this episode, we discuss strategies for staying afloat, and the qualities required to do so. Stay tuned for our prediction for the future of NFT projects!
TIME-STAMPED SHOW NOTES:
[00:07] Recent news: Meta layoffs, strikes, and hiring freezes.

[00:35] What to do as founders, to survive the winter.

[02:09] Whether or not it’s a good strategy to proactively raise capital.

[04:01] How to behave as a leader.

[05:08] Eric’s prediction for the future of NFT projects.
Tweetables:
“In the last year or two, cash was trash but now cash is oxygen.” — @ericosiu [0:00:43]
“As much as there’s extreme weather coming to the entire market and whatnot, there’s still a lot of funds on the sidelines waiting to invest in great projects.” — @wilxlee [0:02:23]
Links Mentioned in Today’s Episode:
Wilson Lee on Twitter
Wilson Lee on Instagram
Eric Siu on Twitter
Eric Siu on Instagram
The Littles
Leveling Up
Leveling Up Heroes
Growth Everywhere
Single Grain
6 min

About Creators of Web3

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Creators of Web3 is a show that takes a candid look at the people who are inventing the future of blockchain and digital assets. Hosted by Eric Siu and Wil Lee, we dive into the unique lessons and…

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Creators of Web3

Creators of Web3 episodes

About Creators of Web3