An Early Investor in Facebook Says the Next Era of the Internet Is NFTs

the fact that the artists can continue to get royalties it's a revolution roger i mean like my god you've got your perspective i just want to be happy don't you gary vee welcome to origin stories thank you my friend thank you so much for having me this came together fast and i could not be more thrilled we go way back i don't even know if you know this but we go back to i think 0. 7 how about that seems like yesterday i do know and it's crazy that it's been that many years already insane and so now we find ourselves years later intersecting in the wonderful world of nfts so tell the people what is your origin story in the macro

or in the world of nft let's go blitz style macro just in case somebody doesn't know and then let's get deep into the nft space you know uh born in the soviet union uh very fortunate to be able to be a refugee and get out in late in the late 70s poor kid lived in queens and new jersey parents made their american dream dad became a stock boy in a liquor store eventually a manager eventually bought his own small store which meant we saved every penny bought nothing you know that created a with my natural entrepreneurial dna and then my circumstance and environment created incredible ambition and scrappiness shoveling snow washing cars selling lemonade you know very it was just always there sports cards exploded in the late 80s became a cultural phenomenon similar to where it's at right now um that's where i really learned my craft doing baseball card shows really became a seller buyer and seller got dragged into my dad's liquor store because now he had one stocking shelves two bucks an hour you know merchant son kind of 1940s 50s style right like immigrant life um terrible student really good business man as a kid discovered the internet in 95 two seconds in said oh my god this is going to change my life a year later launched an ecommerce website for my dad's wine shop one of the first in the country took over operations and ran the business from 98 to 2011 and in that uh 13-year window built my dad's business from a 3. 8 million dollar to a 65 million dollar business no capital infusion no vc money no credit line just [ __ ] grinded it innovated email you know nft right now is just deja vu you know all the game the games being formulated the winners and the losers there's some big differences but a lot of similarities who were going to be the search engines domain sites where you registered your name who we're going to be you know and then really it culminated with youtube i went on email and google adwords but then youtube changed my life i started a wine show i learned about content became completely obsessed with the next revolution that i saw which was social media i've been talking about nft as the third revolution for me personally there's been a lot of technology what's that connected those dots social media nfts i've been hearing you say that recently for me in my chemicals 95 6 just kind of internet consumer internet obviously was happening before 2005 6 social web 2. 0 with friendster same with nft now right you know one of the reasons i posted a video for me in 2010 talking about virtual goods is i've been watching you know i bought a theory in 16 i bought bitcoin in 14. i've been watching but i haven't been talking because for me i'm not the person that is there from day one and constantly there i am then i watch and what i look for is why i've been talking since winter is the moment where i'm like oh [ __ ] it's time i mean i'm spending a ton of time on vr i don't think i've said a single public thing about vr and then in 2027 when it's time i'll be very loud the ogs will be like hey is this guy and i'll be like hey oh geez i'm here to respect you know i'm on this podcast out of respect to be honest with you i did it with web20 web 1. 0 like i watch and then i enter i am definitely a consumer human more than a technologist so that comes with great excitement but also caution and that's what i'm spending time on now caution empathy compassion um thoughtfulness i love this time the you know it's a little different for me this time because the last two times i was much more unknown so i've got i have to be more careful more thoughtfulness this time because unfortunately well i'm flattered by this but unfortunately when you want to be part of a community you know you have to be your platform becomes your vulnerability you know i come in very respectful to the people that have been grinding and learning and building the tech and the early artists and i'm not naive i know that my projects and the things i care about will have a lot of eyes on them which if i'm thoughtful will be good and if i'm not thoughtful ruins my reputation and upsets people and so you know i hope the community can tell through my earliest actions over the last six or seven weeks that i'm trying to be very thoughtful and i care about it this is like the culmination of my life i've never had a technology social media was close i'm very human oriented i love people so social work for me i want to interact with people i like replying to comments it's not about post it and step away it's about posting and listen engage i was i come from very little so i never think i'm fancy like humility is an incredibly important foundation to my success it may not come across that way i know that i'm an aggressive communicator i'm loud um i'm very excited which sometimes i think people confuse for audacity but i'm compassionate and empathetic so i understand why so i'm willing to deal with negative judgment up front because i know the truth wins you know so it's a very fun time but nft my god you know the collectibility aspect wait before we get into that what i want to double down on what you just said is the word respect and what i hope that i personally can add to this equation bringing you on to an origin story telling that origin story telling you know why did you enter the nft space what i can add following you since 07. you're loud sometimes right in sometimes the best of ways but if someone catches you at just the wrong moment just that literal wrong moment they can have a different impression what i personally want to say is i've watched you become obsessed with multiple things over the course of over a decade and i can just say my stamp for whatever that's worth for anybody listening to this you are a respectful person and the empathy is outrageous and if you caught gary at the wrong moment for whatever reason keep listening and you will all come around in due time that's made me emotional so thank you that's very nice of you to your point for example this weekend i'm like oh [ __ ] a lot of people who are in for a quick buck are gonna run into this and buy some project because somebody told them it's gonna go up

and when i say hey 97 of nft projects not the nft space are very vulnerable to not being successful investments i believe that to be true out of history out of knowing human psychology i also you know and so you can imagine if somebody sees that they're like [ __ ] this guy like you know and i'm like i get that and i'm like no if you look at to your point the string of 40 things said and that's what's tough about a twitter or a clip and that's why going on podcast is nice it's like look first of all i mean i uh i uh it was really fun i had a really great moment yesterday i bookmarked it because i was just about to go to bed but there's a piece that i want to buy because i just like it and so there's going to be can you share yeah it's like this little ghost i actually don't it was that quick i was like literally about to go to bed and so like you know what i don't forget this so i bookmarked it my phone's the other room i'll grab it but like it's just like a ghost that was drip drawn and like colored and i'm like this is neat and i don't i think it's a nifty gateway and uh trevor andrew gucci ghost maybe it might be brother it might be actually i got you gary i'm so deep in this space right now i got you whatever you need i know you are brother and so i am you know i'm excited because i think a lot of people you know i'm trying to help people have a very important combo which is there's two very interesting dynamics there's the reason i have this on my wall this costs a lot of money because it's a former employee of mine and she's trying to become an artist and i want to support her and so that's exciting for me and i'm excited to meet people and like big shout out to my friend connor who i met you know he's not a huge digital artist yet but like i want to support him because i like him like and there'll be people you know i think my world's going to look like there's people i just like and i'm cheering for them and i want to support now i will never tweet this is a great investment you should because if i don't believe that why would i do that to him myself or her myself but there's gonna be people who want to support their art because i like them then there's gonna be things like the ghost i'm not even sure who's behind it back to your point i think you're probably right now that my brain's thinking but like that i just liked i just weirdly like ghosts like in general like i used to draw it a lot pac-man was huge for me as a kid so that kind of ghost um and i'll do that and then there's gonna be a ton i do i'm a baseball card collector i'm a comic book collector i'm a toy collector by nature nfts are incredibly interesting to me the street fighter thing's really cool i want to buy blanca because i'm undefeated with blanca and street fighter for super nintendo but i also didn't buy it right away because i do think it and you know they were going to go up very quickly on wax and then i'll buy it when it comes down i don't see that as again as an investment i'm going to put that on the flip side

you know when i look at pepe as a first play in bitcoin right truly nft on bitcoin not ethereum yeah as a collector i'm like ooh that has a real shot but what's funny is when i use my brain and my heart where i go is to crypto punks because i'm like okay that's first aetherium but [ __ ] i really love these [ __ ] this is nintendo 8-bit these really speak to me you know ethereum you know obviously there's a lot of conversations around scalability you know i'm spending all this time thinking about myself of wrapping coins because all who the hell knows which blockchain is going to win and so i'm just doing all this education right um but i look at crypto punks very different than i look at street fighter wax is singular i need blanca because i need to show my friends who i beat a thousand times a blank and everybody would get upset because i figured out a way to play with him that's a personal thing crypto punk says holy [ __ ] this thing could really be an investment if i'm as right as i think i am about nfts this project has a real shot and those would be things that over time i'll put on the record be like this is what i believe in so there's a lot of conversations to be had but i appreciate you saying that and i'm excited to earn my keep i don't come in here i'm fascinated by people that do well somewhere else and think that all of a sudden means that they should be look you know to me i'm starting from the bottom in this community and i want to do all the right things i also and i did this in sports cards i also remind people look there's a part of me that likes to collect and support and trade it is my you know i told a lot of sports car people like look because they were mad they're like you shouldn't buy and sell like look i respect that but are you really the human that gets to decide what i can do right you know like i don't know if you're paying attention but you know open c exists not for collecting it's not like a collecting wall like these things exist and so and it's a very delicate conversation right one of the reasons so many artists are not going to be quote unquote starving is because of a secondary market and that's true what is remarkable i mean literally if you can see this they're starting to form getting a couple little goosebumps here you know um the fact that the artist can continue to get royalties it's a revolution roger i mean like my god you know i could super understand the artists of the past who would be super sad they would make a painting the gallery they had a deal on would pay them a certain amount and they'd wake up 11 years later and things selling for 11 million dollars and they got 8 000. yep i mean my god you know no matter how many open seat transactions there are and beyond it's always that 10-ish percent that's going back to the creator i can't get over it i don't know what else to tell you like to me this is the greatest thing so yeah anyway to origin story like that was who i was as an entrepreneur i did really well invest in a lot of companies built a large marketing company have built a big content platform i this is the scariest of them all i'm asking myself questions of like oh is this it like is this gonna be the one was this all built you know for example you i know you pay attention everything you go my team is finding all these videos of me doodling i've never shared that part of me because i've never wanted to you know i can't you know i'm going to poke around at that like gary b is where it's at it just is i can't believe that something that a lot of when i've been so i posted four or five of my doodles and i can't believe it like i've always thought of myself far more creative than i've ever showed the world it's actually similar to when i was the wine guy and then i started talking about business and a lot of people were like stay in your lane wine boy don't talk about business and i was like my god i've always been a businessman what's so incredible about minting and technology and

vectoring and digital art and i think there's gonna be millions of people who actually have artistic oomph who are gonna dabble in a way that they never thought they could and i think that's beautiful it's gonna be an artistic revolution now i think a lot of people gonna misstep it because there's gonna be so much conversation around finances when people start seeing wow or people or you know like they're gonna see things that are gonna confuse people just for the community that's listening this is what always happens there's an art renaissance and then comes commerce and it gets a little blurry for a little bit and just staying true to who you are during this time is imperative because i do think it's going to be a little bumpy here for 24 to 36 months as it settles similar to icos i think raj you know if you go back 40 years ago you had that kind of spike and then you had all these coins right and it took market a little bit to level out kind of to where we are now i don't think it will take four years because i think we've learned from that at least some people and things are so compressed these days that may be a one-year shakeout period i think that's right and i think that it's important to not get overly emotional about convincing i think you know i think that's where a lot of people are going to get caught the og's trying to convince yes i think i say don't convince have conviction it's a great quote so gary i have a bit of a thesis here maybe i'll present it to you see what you think i think two categories of art is win um i always i hate to be a cold language like that because here for the art as well i kind of share with you the traitor philosophy as well as the empathy and just the love philosophy so i appreciate you saying that i think two categories win i think artists let's say the top i don't know 25 loosely that are identified as blue chip artists i think they'll have a consistent shelf life forever and ever and i think the second category what i would encourage any artist that doesn't know or gets a bit confused to focus on i think the niche artist who does a great job of to your point having conviction and focusing on his or her community even if it's small to mid-size i think we'll have that longevity as well what do you think about that i think that's right i think um i think there's a lot i think both of those play out exactly to your point i think that um

i also think it's the artist that genuinely cares about their community and i think this is an important thing to talk about there are a lot of artists who don't and that's okay i don't judge that i just think that to build an economy around an art you know everyone's like oh this is great i now the artist don't have to rely on an agent or the gallery what the artist has to understand when they take on that responsibility is just making the art is one of it's the variable but it's only one of them i remind people that art is in the eye of the beholder there's a subjectiveness that is incredible around this and actually cultivating a community of people that care about you like matters and there's a million ways to do it you know banksy does it different than i the reason people care about me is i engage right you know like for real like you know and so i think that will be interesting who's going to actually truly care about the their early supporters you know i've watched a lot of artists talk about like being og and then even in three weeks have watched them be less so less about their original community than the new fancy people that are talking to them yeah you're right you know that's just real talk so like they were razzing and then three weeks later they're doing the behavior of what they were razzing because now they have the opportunity to yeah i think that's the pitfall right there they get too caught up in the mania you know the that base that strong foundation may not be there for you when the mania dies down and i think the other thing back to the you know be nice on the way up because people catch you on the way down i think the other thing people have to be empathetic to is supply and demand just because you're first doesn't mean your best you made something that captures people's imagination and so you know just realizing that this is going to be a floodgate you know one of the great things of the old world was limited people got into galleries one of the terrible things of the old world is that limited people got into the galleries you know i look at this like influencer marketing actually you know everybody can now be an influencer and i think everybody now will have an opportunity to play out some of their ambitions in art you know the art world said jackson pollock was not art until they did this always happens this is history so what people have to be prepared for is actual supply and demand there's going to be more supply over the next six months in nft projects than anybody on this call listening or watching me and you included can comprehend 100 agree literally everybody and most of it 98 of it is gonna be short-term transactions which creates a very interesting and scary bubble scenario and so back to convincing and conviction the ogs the people that are really about it here for you know for me what shook me is like oh [ __ ] this is something i want to be a part of forever just like social media right you did your back work you saw it and now you're here correct i spent the fourth quarter reading and watching i even the thing that i most zeroed in on them punks i didn't act on which i wish i did you know it when i just come a long way they moved very fast there before i really got my hands around some um but i really wanted to do my homework i needed to understand erc 20 versus 721 like i needed to be able to go on a podcast like this and not seem out of place or like you're seeing with certain influencers and artists i didn't want to do a project so fast where you didn't where i didn't know all the like i didn't know about all the metadata at first i needed to understand for myself what would happen if a blockchain lost long term could i wrap the tokens like i don't even know what the term rap meant right you know six months ago you know i knew the macro thesis i knew virtual currency was real for a long time hence i'll be bringing out those videos to make sure everyone knows but you know i understood a closed ecosystem of a skin in a video game madden card this brings this now to everything and by the way we're talking about a very narrow use of the blockchain and nfts i mean this is incredible where this is actually going from a ledger at scale to the digitalization of everything i mean we are in prehistoric days of this yes

gary to play a game i know you love questions i know you thrive in questions and so i did something called the lightning round wanted to bring it in a little bit earlier and start hitting you with some rapid fire i have some topics and i have some questions from the people you ready for them please all right the first question i think everyone wants to know was the first time you saw the word nft the concept nft the very first mention that captivated you captivated me or the mention let's go mention first captivated second mentions a while like you know i remember thinking like what's fungi like we're talking years now right you know again a big shout out to aaron battalion who's an incredible uh cto uh co-founder of living social which was a groupon competitor back in the day in 2016-17 range in a hotel room in austin texas he broke down ethereum for me and i understood i'm like okay this is like in my most basic form of like okay bitcoin is this thing ethereum feels like developers will build on top of it like i thought api i thought platform it got my brain thinking differently and so very quickly after that i already kind of like started hearing of nft the time it really caught my attention was probably about march of last year like something kind of caught my attention i was getting big you know i was obviously deep in the sports card world cove hidden i was scaring shitless to make sure my companies were okay and i just needed like 30 minutes you know occasionally just to like learn and be creative and that's where i kind of like stumbled on maybe you know i don't want to make it up so i just kind of like i definitely knew about the garbage pail kids wax thing um those are the first things i found too interesting because that was you know obviously very much because i was steep into what's going on um you know but i but that one that was interesting to me because i'm like what's wax versus a theory you know as i go different blockchains punks hit my radar you know lightly and you know i'd seen some tweets you know i also knew the original developers from back like the web 2. 0 days i knew the names when it really caught me was this fall like september october like crypto punks are is an important project and that led me down nft whoa this is whoa but i was like in q4 mode budgeting you know i'm an operator people forget that i'm not actually quote-unquote garyvee i'm like running a really big business so i was trying to set up still navigating the waters covered losing clients what's going on offices and then i was able to use the holidays like december january like the last week december 1st january to dig even deeper the true explosion yeah i was like okay this is like [ __ ] me i need to buy some crypto punks you know art blocks what's this and like hash mask so there's like oh this is what open sea i was like this is really happening and then i hit up my homie kevin rose former you know founder of dig. com and he's always on and he's like i'm already in this then we started yapping and the juices are battalion yeah my brother and like just whoa this is feeling like 15 you know 2005 6. this is feeling like 95. um oh my god this is real real what's your first purchase my first purchase was a single crypto punk in january then i bought four hash masks randomly just like play and then i bought a sorer bombape so that was my first little burst of like three or four purchases all right let's go rapid fire here topics number one new jersey i gotta give the shout out to my wife marissa from new jersey seeing you in new jersey what do you think i what's my like word association first word association the grind love it what's the top selling nft concept one year from today crypto punks and that segues us right into crypto punks word association the project what's up project jets my escapism tom brady he pisses me off dirt dirt oh god you know me well um honest and i want to break that one down because i have a i have so much compassion for who i think listens to this podcast so many of you are from the dirt of nft and my admiration for that is at the highest levels i think that people that come from the most humble places are the people i admire the most genuinely i believe in the process like i said the jets are my escapism because it's my journey to try to acquire i don't wanna everyone's like he's obsessed with owning the jets they're wrong i'm obsessed with trying to buy the jets the process the process i've enjoyed the last 12 weeks many good things i think will happen to me in this space none of which will ever compare to these moments the first this is my first podcast that i'm really talking about it the the second i'm like oh i don't have to be scared anymore if ethereum doesn't win because i think this rap thing can help learning right the late staying up at midnight being like there was a bitcoin project pepe before punks like those moments are everything to me big deal everything i love it like the chats on twitter meeting the people like having the combos putting out a tweet of last night of like what podcast canceling a pretty important meeting to do this with you right now because i just met because i need it you know i want it i love it let's go the opposite let's go clouds um when i think about clouds i'll think about macro strategy i refer to clouds as like what why like what and so i think macro strategies when i think clouds smurfs an ip i'd love to i grew up on smurfs i like that cartoon you own that ip bring them into the nft space well that's you know it's so funny i've talked there's a trillion you know this is why excuse me why this is such a um huge place for me i've been talking about nostalgic ip at nausea for the last seven years of my content the manifestation of that in this space well you know what makes me sad so many of these incredible things scooby-doo hannah barbara fraggle rock happy days [ __ ] that i really love like 70s and 80s pop culture i know in my soul 85 they're going to go sloppy into this space and ruin their brand let me phrase dent their brand instead of exploding it hence why i talk about being thoughtful yeah those who get this right then the nostalgic brands are just going to jupiter yard sales the thrill of the hunt ufc um incredibly underrated sport even though it's so hot 100 agree the influencer who is not currently in or exploring nfts who you believe should be in nfts the rock nice good one and now gary it's the people's lightning round farmed out ten questions gonna throw them at you rapid fire them or dive into them if you like number one shout out zuk d if the jets win the super bowl what current artist would you gary vee commission to make a one-of-one of the moment i would do a humongous search and speak to the most authentic artist that is really passionate about the jets like can really ask my questions and also has an aesthetic style that i subjectively thought was epic that survey would be so key rooting out who is the real jets fan yeah i think it would be such a moment and if i was like for some reason associated with being able to be the project it would take a lot of thoughtfulness like a micro version of what i've been doing for the last six months number two shout out sutton s when are you going to change your profile picture to a crypto punk when i buy a couple more crypto punks that i really want you know it's really it's a that's just an authentic answer right like i really want to score one or two more things because i'm scared i'm also honestly it's actually not an authentic answer it's a 37 i'm ver i am i am petrified to affect the market i live this in sports cards i remember i'm not i'm very worried if that happens it's funny even this podcast i'm giving you off i don't know how to not answer the question i'm not naive that this is going to be listened to and like some people like oh because i'm being very candorous i also don't think i'm always right i also think who the [ __ ] am i but i also am aware that some people which is why i'm like do your own homework i understand i have a nice track record i do believe in my picking ability but i've but i picked yobongo and thought it was gonna be the biggest startup of all time and it failed so i think that um i don't know when i also think that what i'll probably end up doing if it's okay with the crypto punks community i'll have to probably ask the founders i kind of want to like get some one who's talented enough to make their own custom version of me wearing like a green a purple cap or a green cap you know like you know so i don't know when i'm gonna do it but i do think it will happen at some point i like that tj shout out tj the real question is do you own a crypto cube if not when do you plan to get one i don't um i don't know when i plan to get one but i want to get i want to do more community uh you know more uh education on it you know what i mean like what i'm doing is i'm not doing anything like the amount of i have smart friends and i have people that are being very generous with their intellect and knowledge i just don't rush into things yeah smart man shout out new view investor gary how do you evaluate an nft what is your criteria my in uh the underlying information supply and demand who's behind it what do i know about them do i think they're a good i look i think of it as jockeys and horses you know the underlining data the subjectiveness and my ability on the creative part that's the horse the jockey is who's the human behind this do they understand how to cultivate a community in perpetuity or are they just trying to do something for a quick win right so those are the two big criterias shout out to wheel nfts with a physical counterpart does a physical devalue the nft or does it not matter my intuition is that it enhances i think it broadens people's intrigue i think it's another data point to make it interesting i don't know where the community sits on this if they think that eliminates its purity i could see a path to that i also don't think anybody gets to make the rules and i think that people that just want to do the nft are right for them and themselves and i think the people that want to do the physical counterpart are right for them and themselves yeah i think that one of the bigger issues right now in this space is the physical custody no one knows how that's going to play out right it once that nft with the physical counterpart is sold the physical is distributed and then that nft is reposted on a secondary sales site do you get the physical do you not what condition is it in someone open i think that's one of the bigger issues i imagine someone's going to step in and take care of that it's funny for me my intuition is that they should be separated immediately that the nft that's what's amazing about the blockchain and the ledger it's like so incredible it is and i think let the real world do its real world thing you're not gonna ever be able to attach it you've already created a vulnerability if you think you're gonna attach it because of condition providence like what really happened right i think it's a nice to have it's an added value it isn't the thing right it's how my stomach thinks of it yeah i think they either it's either that and that's probably most cases and i imagine there's a service that comes out that does take custody and work tile it and it just sits somewhere exactly i think that's right shout out joel miyazawa what is your biggest pain point with nfts you know what's so funny my brain went here right away it's my knowledge that it's going to get mucky here how this plays out i know and i remember the hurt feelings of people i loved in web 2. 0 when it started crossing the chasm of being commercialized and the purity of we're going to change the world mixing with monies and this one is much more transactional than that was yes um my biggest difficulty is knowing that there's gonna be a lot of emotion a lot of money lost a lot of short-term thinking a lot of bad characters a lot of people becoming miffed of the overall space because they'll see somebody that they grew up with turn into in their mind somebody who's selling out even though that person is just trying to do something you know that's good for their family there's just there's gonna be emotions and i know that and so because i know that it's like this is why i'm i think i'm speaking the way i am to everybody which is like hey be prepared it's okay like let go of commencing lean into conviction tell do it your way because you'll win in the end you will build a meaningful project that has real community you might get outsold by somebody who's a better self-promoter but let's talk about what it looks like in nine years and that's what i always play for that's the biggest deal is ignoring the person who's out selling you now that because that's it's so easy to look at that it just so and having the humility to not impose your way of seeing this on everybody yes people you know it's like it's important because it's what happens to people that fall in love with a band that gets big they start hating them that's right but you didn't get to control you know you don't get to control what the band's doing you get to control how you enjoy it you're in charge of that that's right i knew about them first right it's that whole thing which is gonna happen a lot right now yeah no question shout out to bill ellis fabulous artist by the way how do we guarantee the longevity of the nft space it's been guaranteed nice good answer also bill ellis okay it's real let me just triple down in that yeah it's you know google is a very big search engine i was there when everybody was fighting it out yahoo dog pile you know ash jeeves like all these sg's good reference you know and a lot of them were worth a lot of money on paper and they went to zero search engines are here yep nft collectibles arts and all the music and all the beautiful things that are coming will be here for everyone's rest of their life will there is there a concern that all this gold rush will hurt the brand to the overall market of course will that not matter in the end of course people thought the internet was a fad when the stock market collapsed in april of 2000 and everyone dismissed the internet that's when i tripled down on the internet and changed my life do i think there'll be a crash of things that are selling for a lot of money right now i do i really do but do i think that eliminates the market no i do not yeah it's inevitable but i like your initia that initial answer of it's already been guaranteed uh also a question from bill ellis when are you gary vee going to drink whiskey with me and roger i'm open to it i actually you know i'm i am still through and through a wine man and when my whiskey friends bring it out but i am far from scared of having a good whiskey or a good bourbon or you know i and i've you know don't forget my family owns a liquor store i've got some stuff i got some papi i've got some japanese stuff so i'm in for it nice shout out danette were you bitter 65 gary in the blou auction i was not i saw that was not me and i'm so happy for blou i really am and talk to him a bunch before the uh process uh but i was not shout out nicholas costa where do you source your information in the nft space who are you following it's funny what a great question i'm very um i'm just following a lot of voices i get into rabbit holes speaking a lot to friends that i really know like scott belski kevin rose lazaro talk to those kind of character a little bit more outside of it right then i follow and listen to you maddie down in australia dcl blogger shout out huge fan um you know uh there so you know there's you know jeff holgram holberg you know has been somebody i've spent a lot of time with you know um uh trying to think because i want to make sure emmanuel who was that coca-cola has been very involved in so rare matt at larva was very gracious and i was able to speak to kevin rose has been a big factor because he's so truly authentically a learner too and i went through that with him he's been big for me and just continue to add people to conversations um uh donny over bitsky he was very gracious with several hours of time bitsky's picking up some heat right now you know um so you know i'm you know people was very gracious and you know his journey um and just a lot of people on dm little tidbits i also am a very interesting learner i don't like taking anybody's points of view i like listening to them you know um and then kind of looking at things you know mike novogratz you know somebody i've spent some time talking to like a lot of people but i'm in this i'm a very funny character i take everything with a grain of salt because i'm aware that people have subconscious agendas it's very true which i don't blame you know so i try to be thoughtful i watch what people react to you know i watch every comment on the artifact drop like i want i read people more than experts i read you know i try to get educated gary that's why i love this so much i love seeing you dive into nfts because i've seen you dive publicly into other things before and i've seen your process you get your hands dirty before i see you go out there and like when it came time right when that came time and when the next book came time i've seen you get out there and then i've seen you pull back and go through this process that's as old as time i love that our paths intersected in this space and see you do it here it's really meaningful to me separately and i just think that everyone listening to this in nfts should be really excited that you're doing it i appreciate that i like being good for communities and i know how to do it and i think when you have a big microphone like i do which i've earned so there'd be no confusion no doubt um i'm gonna be very careful with it incredibly and i will make micro missteps because we all do but i think when you have a platform those get compounded so i'm petrified to do so and i just really enjoy this community so much and look i mean let's call a spade there is the art combo there is a heavy layer of collectibility in this a lot of the tokens are very grounded in video game sports card comic book culture something that i feel deeply comfortable in deeply you know i've never collected art and flipped it i've only supported art which is awesome actually because i think that's going to be good for me in this space but boy do i like buying an athlete you know nba top shop yes i think it's an incredible project for a million reasons i also think it's an incredibly interesting project because i think a lot of people can lose a lot of money not because top shots doing anything wrong rolehome is incredibly thoughtful flow i think it's amazing it's that those are more like sports cards they'll be the next one in the next year and i know what kevin garnett and chris paul and tim duncan and patrick ewing rookie cards go for there's not a sustainability to top shot long term and so i'm very concerned of how big that crash will be on it especially because it's by far the biggest project for the normal consumer does that hurt quote unquote the space it may yeah this is why we have to educate and say things like this i'm a macro master fan a top shot i think it's so cool basketball the best culture yeah but i'm also a monster fan of sports cards but i'm out there saying all the time that if you buy rookies and not lebron and jordan yeah you're gonna somebody's gonna be held with the bag are you gonna get hurt and look at the junk wax there right what's happening right now in top shots right now they're starting to say anyone who reserves will get it well that's a supply faucet that's been turned on but even if you go to the original stuff terry rozier can't maintain long-term value right tyler hero can't they have to become a top 25 player of all time and i'm eligible i bring up hiro and rogers guys that i admire tremendously who at this point i'm pretty convinced they're not going to be one of the 25 to 50 best players of all time and i tell people to go look at vince carter or dirk novitskiy rookie cards and then look at current player rookie cards who are four times more expensive on supply and demand and i say put that into top shot you need to be careful don't forget there's a bunch of ethereum and bitcoin trillionaires right who are diversifying which creates economic dynamics so it's just a time to be thoughtful and a time to focus on your conviction i'm excited to be a part of it i thank you for your time man gary it's been an absolute pleasure today

uh let's grab that glass of whisk with bill ella sometime send me a dm let's do that i will absolutely talk to you bye-bye bye youtube watcher what's up it's garyvee first of all thank you so much i hope you're doing super well during these times uh i also want to ask you please subscribe because my commitment and exploration of youtube is about to explode stories polls more content more engagement more surprise and delight this is the time to subscribe i hope you consider it and i hope i see you soon