Creators of Web3

Creators of Web3

By Eric Siu and Wil LeeBusinessInvesting
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Creators of Web3 episodes

  • The Web2 vs Web3 Dichotomy

    There is a false dichotomy between Web2 and Web3, whereas, in reality, it isn’t (and cannot be) an us versus them situation. There is an overlap as the future of the internet unravels, and we’ve observed that there are characteristics of both that can comfortably live together and provide great value. We believe the true evolution comes with equilibrium and, in this episode, we examine the divisiveness and consider what needs to change in order to invite people into the Web3 space without judgment.

    TIME-STAMPED SHOW NOTES:

    • [00:00] Introducing today’s topic: The Web2 vs Web3 Dichotomy.
    • [00:36] The false dichotomy between Web2 and Web3 and the value we can glean from each.
    • [02:12] What people in Web3 are really looking for, despite what they preach.
    • [03:12] The evolution of Web2 and Web3 as the market finds an equilibrium between the two.
    • [03:37] The divisive language keeping people out of the Web3 space.
    • [04:15] The importance of reframing the definition of NFTs and community for the broader population.
    • Tweetables:

      “Web2 versus Web3, it’s not about either or, but rather the market itself.” — @willxlee [0:03:12]

      “In order for this industry to continue to evolve, we must reframe the definition of NFTs, community, and building together.” — @willxlee [0:04:20]

      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
    • How We’re Changing the Format of Creators of Web3

      There are plenty of other long and arduous podcasts out there about Web3, but we’ve decided to take a page from Marketing School and change the format of Creators of Web3. In this episode, we fill you in on what you can expect from now on, as we shrink our podcast into bite-sized daily episodes. Tune in to find out why we’ve decided to make this change, and how it will essentially serve you, the audience, better.

      TIME-STAMPED SHOW NOTES:

      • [00:11] The format of Eric’s daily podcast, Marketing School.
      • [00:30] Why we’re adopting the shorter daily format for Creators of Web3.
      • [01:00] The benefits of creating regular content in bite-sized pieces.
      • [02:05] What sets us apart from other podcasters and content creators in the space.
      • [02:47] The various facets of the media company we’re building.
      • [03:02] Why we’re building a moat around our brand.
      • [03:42] Please don’t forget to rate, review, and subscribe to the podcast!
      • Tweetables:

        “Being able to create content consistently and being able to distribute it on a daily is definitely going to help with our reach.” — @willxlee [0:01:00]

        “It comes down to zigging where other people are zagging.” — @ericsui [0:01:52]

        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

        4 min
      • Is Veefriends the ultimate brand play? Are punks the holy grail of NFTs? Chipotle 'Buy The Dip' thoughts and more

        In this episode, we talk about Gary Vee's Veefriends, a blockchain-based play on the old childhood game of UNO. Veefriends is the ultimate brand play. It's the best realization of a digital collectible to date- and it still has a lot of room to grow. 

        We also discuss why more people should be creating Cryptopunks (or similar NFTs) as not just a cool collectible, but as a brand-building asset.

        22 min
      • Our free mint projects (ALPHA!), can Punks flip Apes?, Web3 acquisitions, is the bottom in?

        Could the re-rise of CryptoPunks flip Apes? In this chatty episode, Wilson Lee and Eric Su cover some hot and popular topics! To start, Wil gives us a breakdown of his plans for his new free mint and, although he can’t share too many details, we learn that it is something you won’t want to miss! We learn more about how to market your free mint, whether you should make your advertising public, important strategies to create, and how to approach your customers in a way that will convert and keep them! We hear about reading the room, understanding the nuance of the market, the responsibilities of founders, earning compressions, and why it is important to build, train, and invest in the next generation of entrepreneurs! Plus, we learn about why to derisk yourself, how to manage to work on multiple platforms, and Minecraft’s new, public statement!

        TIME-STAMPED SHOW NOTES:

        • [00:30] Wil’s experience with Covid19.
        • [01:14] An update on The Littles and Wil’s decisions/details around creating and sharing a free mint
        • [03:20] A pivotal, and potentially disappointing, business decision made by Wil.
        • [04:18] Comparing similar and unsuccessful cash-playing projects.
        • [05:50] A look at marketing: approaching an allow list link and where to advertise it (if publicly).
        • [07:10] The power of training and investing in entrepreneurs.
        • [08:35] How and why to use Y Combinator!
        • [11:18] A look at if the bottom is in right now, are we going to have a financial rally?
        • [13:27] Understanding earning compressions.
        • [14:51] Three responsibilities of founders: financing, having a vision, and recruiting.
        • [15:35] A chat about Minecraft’s public statement prohibiting the use of NFTs.
        • [16:40] Understanding platform risk (and why not rely on only one platform!).
        • [18:15] A look at PROOF acquiring NFT engineering team Divergence.
        • [20:22] Talent acquisition while preserving the crypto ecosystem.
        • [21:05] Could the re-rise of CryptoPunks flip Apes? A look at their historical and relatable value.

        • Tweetables:


          “The number one thing you can do right now is to protect your income and cover your costs.”— @ericsui [0:13:12]


          Links Mentioned in Today’s Episode:

          Y Combinator

          PROOF

          THE SANDBOX

          FTX

          Wilson Lee on Twitter

          Wilson Lee on Instagram

          Eric Siu on Twitter

          Eric Siu on Instagram

          The Littles

          CryptoPunks

          Leveling Up

          Leveling Up Heroes

          Growth Everywhere

          Single Grain

          29 min
        • Crypto Scams, Blockchain Identity, Reputation and Compliance, and Quadrata

          Web3 and decentralized finance (DeFi) have tremendous potential, but there are key advancements that need to be made before widespread adoption can take place. In today’s episode, we meet up with Fabrice Cheng, Cofounder and CEO of Quadrata, a company that provides a safer experience for users through their innovative new NFT Passport. Learn how Quadrata automatically syncs identity, compliance, and reputation-based data across multiple blockchain networks and how this will support wider Web3 adoption, expand DeFi, and more! In our conversation, Fabrice shares how he first got into crypto, why he fell in love with Web3 technology, and the exciting announcement of Quadrata’s $7.5 million seed funding round. We also discuss the current bear market, the factors that contributed to it, and what you can expect going forward. Join us for an eye-opening conversation with Fabrice Cheng on the advancements that will take Web3 to the next level, the impact that Quadrata’s soulbound NFTs will have, and much more!

          TIME-STAMPED SHOW NOTES:

          • [00:00] Introducing today’s guest, Fabrice Cheng, Cofounder and CEO at Quadrata.
          • [00:33] The news of Quadrata’s recent $7.5 million seed round.
          • [00:48] The challenges of raising money in the current crypto market.
          • [02:58] An overview of Quadrata and how it is providing a safer experience for users through their NFT Passport.
          • [06:05] A breakdown of why the Quadrata Passport is the equivalent of a soulbound NFT.
          • [07:35] How Quadrata approaches issues around privacy and security.
          • [10:18] The agencies and companies that would want to use this type of technology.
          • [11:52] Some of the current use cases for Quadrata and what followers can look forward to.
          • [17:52] Learn about Fabrice’s career as a software engineer and how he became interested in Web3, blockchain, and crypto.
          • [20:50] Some of the obstacles that Fabrice has had to overcome in his career and how he has persevered through the volatility of the crypto market.
          • [23:51] The current bear market and the factors that contributed to it.
          • [28:22] What Will has learned from the volatility of the crypto market.
          • [31:00] Fabrice shares his final thoughts and what he’s excited for in the Web3 space.

          • Tweetables:

            “It’s a false sense of security that, in general, leads to those catastrophic, cascading failures.” — Fabrice Cheng [0:25:07]


            Links Mentioned in Today’s Episode:


            Fabrice Cheng on LinkedIn

            Fabrice Cheng on Twitter

            Quadrata

            Quadrata on Twitter

            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

            32 min
          • Zeneca of ZenAcademy, The Longest Mint Ever, Art Blocks and More

            Today’s guest is one of the most influential voices in the crypto space right now. Known as Zeneca on Twitter and as Roy to the rest of the world, he is the founder of ZenAcademy and The 333 Club. During this episode, Roy shares what motivated him to fully immerse himself in the NFT space after a few years with one foot in the door, what ZenAcademy does, and where the idea for The 333 Club came from (plus a bit about the controversy that has surrounded it). We also discuss the biggest challenge that Roy has experienced as a founder, his thoughts about the future of NFTs, and why he is such a fan of Art Blocks!

            TIME-STAMPED SHOW NOTES:

            • [00:40] Roy (known as Zeneca on Twitter) shares the journey that led him to pursue a career in the crypto space.
            • [02:53] Where the idea for ZenAcademy originated, what it is, and the process that Roy went through to create it.
            • [07:13] How Roy’s minting approach worked.
            • [08:22] Roy’s 333 Club, and the controversy that has surrounded it. 
            • [12:53] A story which highlights Roy’s powerful presence in the crypto space.
            • [17:33] The biggest challenge that Roy has faced as a founder.
            • [20:56] Why time management is such an essential skill for a founder, and the benefits of time blocking.
            • [22:00] A book recommendation: The E-Myth Revisited.
            • [24:58] Roy’s thoughts about the future of NFTs.
            • [27:35] Projects that are capturing the most noise in the NFT market place currently.
            • [27:53] The ultimate goal of NFTs.
            • [28:21] How a project like The Littles can utilize NFTs.
            • [31:08] Imagining a potential use case for NFTs.
            • [32:37] Why Roy is a fan of Art Blocks.
            • [38:18] Three of Roy’s favorite Art Blocks collections.
            • [40:37] Don’t be too hard on yourself!
            • Tweetables:

              “Time management is such an art.” — @willxlee [0:20:56]

              “I am in a unique position because I get to chat to founders and people who are working on projects that the public doesn’t know about. Monday to Friday I’m always hearing about these amazing, amazing projects.” — @Zeneca_33 [0:25:06]

              “The magic of NFTs is that you can do kind of anything with them.” — @Zeneca_33 [0:31:58]

              Links Mentioned in Today’s Episode:

              Zeneca_33 on Twitter

              ZenAcademy

              Growth Everywhere

              Single Grain

              The Littles

              Leveling Up Heroes

              Eric Siu on Twitter

              Eric Siu on Instagram

              Wilson Lee on Twitter

              Wilson Lee on Instagram


              49 min
            • Cryptoys CEO joins us, Raising $23.6M from a16z, Building an NFT brand, Doodles and Pharrell

              In many ways, the NFT world is still in such an early stage of development that there’s no real playbook that entrepreneurs or creators can follow for building their businesses, especially if they want to scale. Today on the show we get together with Will Weinraub, CEO and Co-Founder at OnChain Studios, to talk about how he originally created Cryptoys as a gift for his daughter, the strategies they’re using to scale their product, and some of the biggest challenges facing entrepreneurs in the Web3 space today. Tuning in, you’ll learn about Cryptoys’ partnership with Mattel, how the world-famous toy company is leaning into innovation by embracing digital toys for kids, and why it’s so important to find the right partner to help you build your vision in the Web3 space. We also unpack why storytelling is an essential skill for entrepreneurs to master and reflect on recent developments in the crypto space, including the news that Solana will launch a new smartphone in 2023 and Doodles’ decision to appoint Pharrell Williams as their Chief Brand Officer. Tune in for key insights from one of the most passionate leaders in the Web3 space, and much more!

              TIME-STAMPED SHOW NOTES:

              • [01:49] Get to know today’s guest, Will Weinraub CEO and Co-Founder at OnChain Studios.
              • [05:21] How Will’s daughter inspired the creation of Cryptoys.
              • [08:52] The three pillars that form the foundation of Will’s business strategy: toys, gaming, and entertainment.
              • [09:36] Insights into how Cryptoys plans to scale.
              • [11:44] How Cryptoys became connected with Mattel and why they are ideal partners.
              • [14:28] The challenges of communicating an entirely new vision during a pitch meeting.
              • [20:50] Why storytelling is one of the most important skills an entrepreneur can invest in.
              • [23:13] Why good storytelling is the equivalent of good communication.
              • [24:33] Will shares his approach to recruiting.
              • [27:08] How to recruit and retain top talent in the Web3 space.
              • [31:23] Our thoughts on some of the liquidations that have been happening in the crypto space.
              • [33:48] Some of the exciting developments happening at Doodles, including their partnership with Pharrell Williams!
              • [41:25] An overview of Shopify’s decision to add NFT gated features and what it means for the broader NFT culture.
              • [47:24] That’s it for today! Don’t forget to rate, review, and subscribe to this podcast!
              • [47:25] Go to https://www.marketingschool.io to learn more!
              • Links Mentioned in Today’s Episode:

                • Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro
                • What should we talk about next? Please let us know in the comments below
                • "The NFT World is getting more competitive every day, and you don't want to get left behind! Learn how to grow your NFT project:  www.youtube.com/c/LevelingUpOfficial"

                  Connect with Us:

                  • Neilpatel.com
                  • Quick Sprout
                  • Growth Everywhere
                  • Single Grain
                  • Twitter @neilpatel
                  • Twitter @ericosiu

                  • 53 min
                  • NFT.NYC Updates, Crypto Companies in Free Fall, Layoffs, Tron Depegging , and more

                    In this episode, learn what to expect in NFT.NYC and what are the hottest headlines in Web3 right now. We will be covering controversial topics such as the Coinbase’s Layoff, Celcius asset freeze, and Nansen Connect - a new messaging platform that is set to replace Discord in the world of NFT Community. So, if you need a few more reasons to dive into the world of NFTs and meet some interesting movers and shakers, or just want some updates on the latest news from the final frontier, this is definitely the episode for you!

                    • 00:00 - People are leaving Web3 — Should You?
                    • 02:00 - The Littles collab with American Eagle on NFT.NYC
                    • 06:55 - Leveling Up Heroes Big Event on NFT.NYC!
                    • 09:20 - Coinbase Laying off 18% of their workforce - Why?
                    • 12:35 - How did Brian Armstrong handle it?
                    • 14:00 - Goblin Town NFT Founders Get Doxxed
                    • 18:08 - Crypto Companies in Free Fall ft. The Celcius meltdown
                    • 23:18 - Cash flows will keep you in the game and fight another day
                    • 26:30 - Nansen Connect to rival Discord within the NFT Community
                    • 32:14 - Reaction: Tron’s USDD Stable Coin Slips From Dollar Peg Amid Crypto Market Crash - Decrypt.co
                    • 40 min
                    • Crypto Regulations, Goblintown, NFT.NYC and How to Make the Most of Events

                      In light of the upcoming NFT.NYC Conference, we are using this episode to focus on why this event is so important, and why you should consider attending IRL! Also covered in this episode are the interesting topics of Goblintown's ascent, the latest on the crypto bill, and what it means to be a founder in the world of blockchain right now. Some of the ideas that we stress in our discussion are the importance of incremental progress over hasty, hype-based strategies, why NFTs are 'all about the vibes,’ and the entrance of big tech companies into the NFT game means for all of us! So, if you need a few more reasons to dive into the world of NFTs and meet some interesting movers and shakers, or just want some updates on the latest news from the final frontier, this is definitely the episode for you!

                      TIME-STAMPED SHOW NOTES:

                      • [00:50] Looking at general progress and the trends in the crypto space right now.
                      • [02:32] The long-term approach that is best suited to impactful work in crypto.
                      • [03:49] A little background to NFT.NYC and the difference of attending in-person.
                      • [08:43] Stiff competition for great events at the conference; how to represent your brand.
                      • [11:13] Approaches to partnerships and appearances at others' events.
                      • [13:03] A look at the new crypto bill; highlighting the important points around taxation and SEC regulation.
                      • [18:21] Thoughts on big tech making moves into the NFT space!
                      • [23:07] The looming rise of crypto-sponsorship and the signs that are already visible.
                      • [25:39] Goblintown's emergence and what this example shows us about the power of Twitter!
                      • [32:20] Assuming the typical founders' perspectives; staff cuts, expansion, and surviving the current climate.
                      • [35:40] Final thoughts on the builders' market, and utilizing this period for learning.
                      • [36:23] That is it for this episode! Remember to rate, review, and subscribe.
                      • Tweetables:

                        “In this market, you don't get rewarded for any changes, you need to come off as being super polished, and being ready to go and hit the floor running.” — @willxlee [0:00:53]

                        “Think in decades; that allows us to center ourselves and align with why we are building what we are building and how we approach the different builds as well.” — @willxlee [0:02:36]

                        “What I found interesting with NFT.NYC was the side events, and the people, more so than going to the actual talks.” — @ericsui [0:05:30]

                        “I don't want to plan it out too much, because I want to let serendipity take over, and that's where the magic happens.” — @ericsui [0:07:12]

                        Links Mentioned in Today’s Episode:      

                        NFT.NYC  

                        Gary V

                        Beeple

                        Keith Grossman

                        Pussy Riot 

                        Nadya Tolokonnikova 

                        Original Protocol

                        The Littles


                        39 min
                      • A16z Raises 4.5B Crypto Fund, How To Play A Bear Market, IP and NFT Long Term Plays

                        The market has been doing some crazy things lately, and it’s left a lot of people wondering about the future of Web3. Today on the show we take a closer look at significant developments in the space and share our reflections and key takeaways. To kick things off we discuss how A16z recently raised 4.5 billion dollars for their biggest Crypto Fund. We discuss why their decision to raise and invest such a substantial amount in the crypto industry is a huge vote of confidence that has allowed other VCs and investors to continue to invest in similar long term projects and why this is excellent timing for builders of Web3 products who are dedicated to building long-term projects with utility. Our conversation also focuses on the best tactics for a bear market, how to grow intellectual property with Web3 products, and some of the important long-term applications for NFTs, especially when it comes to branding and building relationships with customers. Tune in for fresh insights on the Web3 space, our thoughts on the latest developments, and more!

                        TIME-STAMPED SHOW NOTES:

                        • [01:14] Our thoughts on the news this week and the fear and greed index.
                        • 02:14] What to focus on in a bear market.
                        • [03:22] Some of the prospects for real-life utility in crypto products. 
                        • [05:58] How A16z recently raised 4.5 billion dollars for their biggest Crypto Fund, why it’s excellent timing, and why it’s good for builders of Web3 products.
                        • [08:36] An overview of STEPN, an Australian Solana phone app.
                        • [11:13] The prevalence of ponzi mechanics in Web3 and what comes after. 
                        • [15:19] Insights into the exciting developments happening in crypto. 
                        • [16:43] The important long-term applications for NFTs in branding and building relationships with customers. 
                        • [17:58] How copyright infringement and delisting can happen in the Web3 space.
                        • [21:58] Building Intellectual Property (IP) in the Web3 space.
                        • [22:58] How Will plans to build the IP and branding for The Littles. 
                        • [24:48] The relationship between IP, storytelling, and entrepreneurship.
                        • [29:27] What we’ve learned from Gary Vee and his deep understanding of value.
                        • [33:26] Hear about Will and Eric’s upcoming plans. 
                        • [35:00] That is it for today, please take a picture of this, share it on social media, and let us know what you think!

                         

                        Tweetables:

                         

                        “And as you go through these challenges together, and when the tide goes back out again, and I think that's where you would be able to show your strength for your project.” — @willxlee [0:03:12]

                         

                        “Exceptional leaders create exceptional outcomes. And that's what really matters at the end of the day, right?” —

                        36 min

                      About Creators of Web3

                      From the publisher's feed

                      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…