Edge of NFT Podcast

Eathan, Josh, and Jeff chat up entrepreneur, mathematician, linguist, futurist, and all-around great guy Keith Montgomery about the real value in NFTs, the future of NBA Top Shot, what ownership actually means, DeFi, & NFT's to improve society. In Hot Topics we cover a16z and Open Sea, and other hot topics.

Show Notes

Eathan, Josh, and Jeff chat up entrepreneur, mathematician, linguist, futurist, and all-around great guy Keith Montgomery about the real value in NFTs, the future of NBA Top Shot, what ownership actually means, DeFi, & NFT's to improve society. In Hot Topics we cover a16z and Open Sea, and other hot topics.

TOPICS
  • 0:00 - 1:39 Intro
  • 1:39 - 7:52 What is the Real Value in NFTs for Society? 
    • Physical to Digital Transformation
    • From DMV Records, Real Estate Titles to comics etc.
    • Keith sees NFTs as licenses 
  • 7:52 - 10:26 What Happens to NBA Top Shots? 
    • The Top Shot moment isn’t everything, it is about community and the experience 
  • 10:26 - 19:02 What does it mean to own something?
    • Governments and the redistribution of wealth
    • This is a mechanical question
    • NFTs will have a major role in ownership
    • Evidence like registrations and titles, as well as the legislative and judicial system helps to enforce statements of ownership and what is “mine”, but it is expensive and slow
    • Little friction, lots of evidence, low cost required to identify what is mine on the blockchain via NFTs 
  • 19:02 - 24:10 Decentralized finance and the utility of “mine”
    • This enables commerce across borders
    • Nike, Tesla, and other brands enabling this from the top down
    • Be the change you want to see to help enable change from the bottom up
    • Will need adults in the room to handle things like security, access, recalls, etc.  
  • 24:10 - 29:30 Matterium (what’s mine?), Sheesha Finance (EFT for NFT), Studios working on VR/AR/Games & NFTs, and Give Nation (financial literacy and philanthropy) Project Discussion
    • United Nations Sustainable Development Goals that must be solved for humanity to do well
    • Blockchain has the ability to add value to society in big ways 
  • 29:30 - 31:20 Value of NFTs to the gamification of education and rewards compared to what has transpired recently and historically
    • Traditional, provincial ways of thinking are being disrupted 
  • 31:20 - 35:50 Lewis Center for Education (LCER)
    • Project-based learning in collaboration with NASA studied the possible presence of water on the moon and proved it via interoperable global collaboration 
    • Interoperable education is the future and blockchain can make progress exponential 
  • 35:50 - 39:30 Hype around certain projects can leave people holding the bag. Education is important to mitigate this. 
    • In many cases, the platforms still control ownership of certain NFTs
    • Education around who owns what and knowing what is “mine” can help enable people to know what they are buying
    • Just because a project says that they are built on the blockchain or are using NFTs, does not mean that they are well suited to do so 
  • 39:30 - 44:04 Edge Quick Hitters 
  • 44:04 - 66:35 Hot Topics
    • John Cleese’s Brooklyn Bridge Drawing> A16Z invested $23M in OpenSea
    • Coinbase IPO
    • MasterWorks.IO
    • Digital Home Sells for $500K 
  • 66:35 - 67:07 Outro
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This is not financial or tax advice. Edge of NFT content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Whenever making financial decisions, we recommend doing your own research and talking to your accountant for financial advice. 

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Creators & Guests

Host
Eathan Janney
Co-Host and Co-Founder of Edge of NFT Podcast
Host
Jeff Kelley
Co-Host and Co-Founder of Edge of NFT Podcast
Host
Josh Kriger
Co-Host and Co-Founder of Edge of NFT Podcast

What is Edge of NFT Podcast?

Edge of NFT Podcast brings you not only the top 1% of what's going on with NFTs today but what will stand the test of time. We explore the nuts and bolts and the business side, but also the human element of how NFTs are changing the way we interact with the things that we love. This podcast is for the futurists and dreamers, disruptors and doers that are pumped about this ecosystem and driving where it goes next.