Milk Road Crypto

Nick’s experience across game development, crypto, and technology opened his eyes to a missing key in the NFT space—rental NFTs. In this episode, we’ll cover what rental NFTs are, how they work, and why they’re important. Then we’ll introduce you to five situations where rental NFTs will seriously improve user experiences. 

This episode is part of our “WEB3 PODCASTS FOR BEGINNERS” playlist on Spotify. If you're new to web3, click HERE and make sure to hit the + button to add the playlist to your library. If you find the playlist helpful or think we need to add other episodes, please let us know on Twitter (link below).

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Lens Protocol: It's time to switch to web3 social with Lens

🎙 GUEST INFO 🎙

Name: Nick Vale

Personal Twitter: @nickev123 - https://twitter.com/nickev123

Business Twitter: @renftlabs - https://twitter.com/renftlabs

Website: https://www.renft.io/

⏱ TIME POINTS ⏱

0:00 - Intro

4:00 - Nick’s web3 rabbit hole story

6:20 - What was the web3 space like back in the day?

7:45 - What is reNFT?

10:45 - NFT rental use cases

13:33 - Use cases for renting gaming NFTs

19:15 - How do NFT rentals work?

28:25 - The future on NFT rentals

31:05 - Castle Crush NFT rentals

36:04 - Renting virtual land

41:58 - Subscriptions

48:51 - CryptoPunk rentals

53:10 - NFT rental space overview

57:00 - Speed round

Here are the top 10 takeaways from DevCon Bogota VI.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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✏️ AUTHOR INFO ✏️

Name: Sam Andrew

Twitter: @samuelmandrew - https://twitter.com/samuelmandrew

Subscribe to Sam’s Newsletter Crypto Clarity: https://samuelandrew.substack.com/

🔗 DISCUSSION LINKS 🔗

Get 30% off tickets to BitGo Activate on Oct 25: https://activate.bitgo.com/page/2166757/tickets?promo=WEB3ACADEMY30

⏱ TIME POINTS ⏱

0:00 - Intro

3:34 - What is DevCon?

4:40 - Top 10 thoughts from DevCon

5:45 - 1. DevCon is a high quality conference

6:50 - 2. Energized Vibe

7:50 - 3. Ethereum has no vision

9:20 - 4. Privacy is the next frontier

12:38 - 5. Privacy’s intended and uninterrupted consequences

14:47 - 6. Trust is a good thing

17:40 - 7. Eth doesn’t have a liquidity premium

22:00 - 8. MEV is clear as mud

26:00 - 9. Communication breakdown

27:10 - 10. Colombian crypto is cooler

WEB3 NEWS WEEKLY ROLLUP - Magic Eden moves to optional royalties, Q3 2022 web3 developer report is BULLISHHH, Rolling Loud (world’s largest hip hop music festival) launching lifetime pass NFT, Mastercard onboarding banks & the DAO of the month.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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👉 Jay Hamilton: https://twitter.com/jaybird_nft

⏱ TIME POINTS ⏱

0:01 - Intro

1:07 - Gratitudes

4:29 - Magic Eden moves to optional royalties

15:37 - Rolling Loud (world’s largest hip hop music festival) launching lifetime pass NFT

28:58 - Q3 2022 web3 developer report

34:51 - Police take citizen complaints portal on-chain in Uttar Pradesh, India

41:44 - Mastercard to help banks offer crypto trading via Paxos

46:57 - DAO of the month

51:54 - Quick Hits

1:02:50 - Just a great tweet

1:04:00 - Big announcement

Jay chats with Matt Espinoza about his journey from start to finish, selling his crypto startup at the ripe old age of 20.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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🎙 GUEST INFO 🎙

Name: Matt Espinoza

Twitter: @MattEspoz - https://twitter.com/mattespoz

Website: https://matthewespinoza.com/

Matt’s Newsletter: http://web3club.vip/

🔗 DISCUSSION LINKS 🔗

Read about Talent Protocols acquisition of Agora Labs: https://medium.com/@mattespoz/agora-labs-is-acquired-by-talent-protocol-ee24610d53b1

DeSo Protocol: https://www.deso.com/

Talent Protocol: https://www.talentprotocol.com/

ZFellows: https://www.zfellows.com/

MicroAcquire: https://microacquire.com/

Matt’s favourite person to follow on twitter: https://twitter.com/agazdecki

⏱ TIME POINTS ⏱

0:01 - Intro

3:30 - Matt’s background

11:40 - Investment vs support with social tokens

15:30 - Early startup days

18:00 - What is Agora Labs

25:10 - How fast did Agora grow

30:50 - The selling process

36:10 - What would you do different?

37:30 - Failures page on Matt’s intro

39:10 - Why was Talent Protocol so high on the list

43:15 - Where does Matt see social tokens going in the future

48:40 - How many people have their own tokens on Talent Protocol?

50:20 - Who does Matt invest in?

50:50 - How to find Matt

52:00 - Speed round

In part 2 of our 3 part series on “Community NFT Business Models” Kyle looks at alternative revenue sources for creators.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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👉 Jay Hamilton: https://twitter.com/jaybird_nft

✏️ AUTHOR INFO ✏️

Name: Kyle Reidhead

Twitter: @kylereidhead - https://twitter.com/kylereidhead?lang=en

⏱ TIME POINTS ⏱

0:01 - Intro

4:25 - Alternative business models for creators with communities

5:02 - NFT Revenue Source #1: Holding a percentage of the NFT collection

7:26 - NFT Revenue Source #2: Launching a second token

11:20 - NFT Revenue Source #3: NFT-gated memberships with tiers (Bakery DAO)

16:30 - What does it really mean to tokenize and build with a community?

WEB3 NEWS WEEKLY ROLLUP - Google and Coinbase are partnering up, the Binance bridge was hacked, the SEC is coming after Bored Apes, tokenizing athletes, the NFT of the month and lots more!

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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👉 Kyle Reidhead: https://twitter.com/KyleReidhead

👉 Jay Hamilton: https://twitter.com/jaybird_nft

⏱ TIME POINTS ⏱

0:00 - Intro

1:13 - Gratitudes

4:36 - Google partners with Coinbase

12:48 - Bored-Ape creator Yuga Labs faces SEC probe over unregistered offerings

18:43 - Dapper Labs restricts Russians

25:34 - BNB bridge hack

33:58 - FANtium plans to finance athletes through fractionalized NFTs

43:37 - NFT of the month

50:00 - Web3 news quick hits

1:01:20 - Poll of the week

There a big moves being made in the web3 social networking space. Nilesh (Orb) and Joonatan (Phaver) tell us what their projects are doing to lead the way.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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👉 Kyle Reidhead: https://twitter.com/KyleReidhead

👉 Jay Hamilton: https://twitter.com/jaybird_nft

🎙 GUEST INFO 🎙

Name: Nilesh Rathore

Company: Orb

Personal Twitter: @nileshrathoree - https://twitter.com/nileshrathoree

Website: https://orb.ac/

Name: Joonatan Lintala

Company: Phaver

Personal Twitter: @joonatanlintala - https://twitter.com/joonatanlintala

Website: https://phaver.com/

⏱ TIME POINTS ⏱

0:00 - Intro

3:40 - Joonatan’s background

6:20 - Nilesh’s background

9:15 - What is Orb?

10:30 - What is Phaver?

12:10 - What is “share to earn”

13:30 - Why do we need web3 social media?

26:20 - Why did you build on Lens and Polygon?

35:00 - The composability of Lens Protocol

41:50 - What type of support do you get building on Lens

44:30 - Are there concerns about building on Lens?

53:00 - How do you get to 1 billion users?

57:15 - What are the business models for Orb and Phaver?

1:02:30 - How to learn more about Orb and Phaver

1:07:00 - Speed round

Everyone is pushing to incorporate NFTs into their businesses/communities but are NFTs actually a sustainable business model for communities? In Part 1of this 3 part series we discuss what web2 communities are doing,  the current Web3 community playbook as well as alternative business models for creators moving forward.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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👉 Kyle Reidhead: https://twitter.com/KyleReidhead

👉 Jay Hamilton: https://twitter.com/jaybird_nft

Name: Kyle Reidhead

⏱ TIME POINTS ⏱

0:00 - Intro

3:35 - NFTs for business and community

7:00 - The current NFT community playbook in web3

11:25 - The playbook to monetize digital communities in web2

16:59 - The current business models of NFT tokenized communities

18:37 - NFT royalties as a business model for tokenized communities

25:03 - Alternative business models for creators with NFT tokenized communities

WEB3 NEWS WEEKLY ROLLUP - VeeFriends toys are in Macy’s, the NFT bear market might be over, McDonalds accepting bitcoin, Moonbirds DAO, LensPort launches, the web3 DOer of the month and so much more.

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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👉 YouTube: https://www.youtube.com/c/Web3Academy

👉 Kyle Reidhead: https://twitter.com/KyleReidhead

👉 Jay Hamilton: https://twitter.com/jaybird_nft

⏱ TIME POINTS ⏱

0:00 - Intro

1:31 - Gratitudes

4:38 - VeeFriends Toys in Macy’s

14:20 - NFT Bear Market Over?

22:30 - Moonbirds is launching a DAO

34:50 - LensPort is launching

48:30 - Web3 person of the month

56:13 - Speed round

1:03:49 - Poll of the week

Andrew Saunders, the CMO of Arbitrum sits down with us to discuss his journey from web2 to web3 and why he chose Arbitrum as his new home!

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Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.

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🎙 GUEST INFO 🎙

Name: Andrew Saunders

Twitter: @andrewsaunders - https://twitter.com/andrewsaunders

🔗 DISCUSSION LINKS 🔗

Guild Link: https://guild.xyz/arbitrum

⏱ TIME POINTS ⏱

0:00 - Intro

2:17 - Andrew’s background story

9:20 - Andrew’s web3 rabbit hole story

21:50 - What is Arbitrum and OffChain Labs

25:11 - Crypto vs Web3

33:00 - How do you market a layer2 blockchain

45:50 - Why is community so important in web3?

50:05 - Community vs marketing

53:30 - Is Odyssey coming back?

57:30 - What were the keys to Andrew’s success?

1:15:52 - What makes Arbitrum so great?

1:23:40 - Speed round