James Zhang is a leader in NFT collectible artwork; his company, Concept Art House, recently worked with Frank Miller (Sin City, 300, Batman) to mint and sell a one-of-a-kind work of art on the blockchain for $840K. His company just raised $25M to expand their operation. We discussed the recent funding, the creator economy, and the backdrop of NFTs and artwork. We cover why people are collecting this art, discuss the critiques that claim it is a fad or scam, and dive into a discussion of why the digitization of art is a game-changer for artists of all kinds. James is an artist himself, who got his start as a concept artist and who built a successful production partner to countless games over the years.
You can find Concept Art House here: ideas can be found...
...at this blog, Building the Metaverse:
...on Twitter:
...and at his live game services platform company, Beamable: sure you subscribe here if you'd like to keep learning from thought leaders in the metaverse industry.
0:00 Intro
1:24 $25M Raise
2:15 Frank Miller NFT
4:34 James's Artistic Background
5:58 Creator Economy for Artists
7:30 Digital Scarcity
8:48 NFTs as new Wealth Creator
12:20 Are NFTs a Scam?
15:00 Are NFts really Scarce?
17:28 Communities First
22:00 Re-decentralization
24:10 Disruption, Decentralization, Blockchains
29:22 Energy Consumption of NFTs
31:42 Crowdsourcing vs. NFT-funding
35:06 Metaverse is the Next Internet Generation
40:00 Interoperability
47:40 Hearthstone
48:25 Free-to-Play again?
51:10 Trillions of Dollars of Disruption
#metaverse #NFTs #blockchain
Recommended Reading >> bit.ly/32kRpzw
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