“great ideas need to look on their surface like a bad idea because if they were obviously good ideas….”
Keith Grossman: something coming from TIME….farokh will be able to post it
Keith Grossman: seeing a lot of eagerness and curiosity in institutional world
but way NFT ecosystem operates very differently from way media ecosystem does
went to a brand
offered cash + term for NFT
Keith: no, pay me in ETH and give me 0 float
brand: what does that mean?
Keith: give me ETH, pay me today
brand: that’s not how this works
Flip side: brands are eager but want to get too gimmicky
Keith: w/ 1-on-1 TIME pieces, adamant that they are pieces of art; limit supply; specific pieces; will not just allow brands to come in and collaborate with time. Everything being built with community first, backwards into brand. Thinking about community first.
ETH addresses of some might get flooded with spam NFTs when more people come into space. Have junk email address, need junk ETH addresses.
John Knoph working on fractionalizing work of some photographers, putting it into vault, building community
Farokh: people can think of certain NFTs as a marketing expense
Visa
Arizona iced tea
Keith dropping something in 9-10 days (sept 14-15)?
talking about buying a “lifelong” NFT
kinda funny when 250 ppl are listening and Farokh is trying to figure out what to order for dinner
Notes 0004
Rough notes collected via twitter spaces. These notes do not necessarily represent my own thoughts/beliefs.