NFT News7 day market: https://cryptoslam.io/
External/Internal news: Crypto Friendly, Conservative Candidate Yoon Suk-Yeol Wins South Korea's Presidential Election
Chris Dixon, Marc Andreessen back $30M fund exclusively investing in NFT art | TechCrunch
Ukrainian Boxer Wladimir Klitschko Releases NFT Collection to Support Relief Effort
Affordable projectChicken Derby - https://opensea.io/collection/chicken-derby
Quick highlight on any past projects: Keep Us Honest Affordable Project Tracker
Go through the AAA valuation checklist
Theme discussion
Transcipt:
[00:00:00] Today on all about affordable NFTs. We're talking about the theme of NFTs are not anonymous. Anon. Why does the public seem to think that crypto and NFTs are well? We'll get into that topic, but first, Andrew, what do we highlight in the news? Is.
[00:00:16] Yeah, so yeah, today. Yeah. Last week we talked a little bit about some somehow about politics and crypto seem to be coming together more and got news that this week a there are two crypto friendly presidential candidates in South Korea.
[00:00:30] And I guess the more conservative candidate won out, but. In stark contrast to the current president there that has really tried to crack down on the crypto industry in Korea. So I think this is, I think this is a kind of, I don't know, big moment that crypto it will become a much bigger issue for politicians going forward.
[00:00:51] We're already seeing Sort of being certainly not not shunned by the U S government. I think we're going to have this become a bigger issue for elections moving forward here in the U S just as it was in this election in Korea. So I think that's, it's just interesting to watch that.
[00:01:07] And don't know. Did you, had you seen this at all, George?
[00:01:09] I didn't see this one in particular, but I haven't seen Andrew Yang make a lot of rounds in the U S seen for his web three IO lobby group. And. You better believe the amount of politicians that are gonna wake up to the fact that wait a minute, if I have a pro crypto stance and a public facing wallet, I will get money.
[00:01:29] It won't take too long for people to catch onto that. So I think the longterm ability for crypto to make its way positively into government and legislation is is
[00:01:39] pretty bold. Yeah, absolutely. So the next newsletter I've got here, I just saw this as we were getting ready to record here was that some of the big partners from a 16 Z one of the big VC funds including Chris Dickson and mark Andreessen our IX or.
[00:01:57] Backing a $30 million fund to invest in NFT art exclusively. So this is, these are art pieces. There's not a lot of detail on what type of art that will include yet, but that is a sizeable amount 30 million to go into NFTE art. As far as I do look at that market a lot and that is, that's a lot of art at this point.
[00:02:18] There aren't a lot of pieces. That go for. The, even the six figure range in the art area you see some big sales on super air, but that is, we'll see where that, where they actually deploy that. I think that is that says a lot for the future of the crypto art market. I think
[00:02:34] just focused on an empty art, mind you not like NFTs art.
[00:02:39] I think that small extra three letters is so important because you're beginning to realize. As an, even an investment commodity or strategy here, it is being segmented based on the type of NFT and the utility. And we keep coming back to making it more of a larger platform, a concept like the internet and no, one's oh, you like that internet?
[00:03:04] I third, only people that are weird or on the internet, okay, it's 1997. But we're starting to see. That type of nuance. So I was excited to see that also the other thought in my head for this is that I have it frequently also for certain Dows that collect a bunch of money to go buy super expensive stuff.
[00:03:21] And I heard this mentioned on my first million podcasts, you should take