The future of NFTs is honestly looking scary



NFTs are at a crossroad, and the next 6-18 months could decide whether we go down the path of an open or corporate metaverse.

In this video I lay out an argument made by Punk 6529, an influential account from NFT Twitter. The argument goes as follows:

1) Governments/corporations want to maintain and even increase the current state of centralization.
2) Crypto has typically been a home base for decentralization.
3) NFTs are quickly attracting new users and brands, but as crypto gets bigger fewer people care about decentralization.
4) Tech companies are now coming out with alternatives to NFTs and they may take the upper hand.
5) This issue is bigger than you think because the metaverse will be a huge part of society.


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Not to be dramatic, but the future is still up in the air and It’s up to us to decide where the space goes from here.

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0:00 start here
1:02 punk 6529
1:59 the world is centralized
3:23 crypto users are changing
4:58 brands see this as a land grab
6:12 uhhhhh is this forreal?
7:43 the metaverse is more important than people think
9:14 what can we actually do?

tags: bored ape yacht club, cryptopunks, moonbirds, azuki, doodles, opensea, metamask, coinbase, metaverse

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28 thoughts on “The future of NFTs is honestly looking scary

  • April 23, 2022 at 3:58 am
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    So capitalism still screwing our lives and now crypto future? Nothing new here…China? Pure dictatorship..Canada? Not so much they're just doing what they must to stop antiscience flat earthers negatonists

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  • April 23, 2022 at 3:58 am
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    Why didn’t you mention the other side of the spectrum? Decentralized NFT exchanges such as LooksRare?

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  • April 23, 2022 at 3:58 am
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    Great video, thanks to face this very crucial topic.

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  • April 23, 2022 at 3:58 am
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    Despite the economic crisis, this is still a good time to invest in Crypto and Gold

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  • April 23, 2022 at 3:58 am
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    oh you are scared
    sell me your nfts and[ pls retire

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  • April 23, 2022 at 3:58 am
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    Thanks mate, I found out about Moonbirds from your videos and was able to buy one 😉

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  • April 23, 2022 at 3:58 am
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    Greta vid as always, for point 3 you say zuck will copy the best features of NFTs – will it be possible for him to copy the best feature of self custody whilst also having a high take rate?

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  • April 23, 2022 at 3:58 am
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    been with you since you had 1k followers, im super proud keep it up!
    wen video about CYPHER by Collider Craftworks?

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  • April 23, 2022 at 3:58 am
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    the greed and hunger of these already mega powerful companies is ridiculous

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  • April 23, 2022 at 3:58 am
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    "corporations" – Point 3 (Sorry, I was once a proofreader). Really interesting video, though.

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  • April 23, 2022 at 3:58 am
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    Marvel, Disney, usps, and DC are already on the blockchain. Look up Veve the first nft market place with official AAA I.P’s.

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  • April 23, 2022 at 3:58 am
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    This is the best video of my life. Thank you.

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  • April 23, 2022 at 3:58 am
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    This dude probably does a killer Christopher Walken impersonation.

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  • April 23, 2022 at 3:58 am
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    This season has been really great, I've been making massive profits on my crypto investment all thanks to my Expert, Frederick Joseph.

    Reply
  • April 23, 2022 at 3:58 am
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    God bless you brother, more people like you needed in this space

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  • April 23, 2022 at 3:58 am
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    Love this topic because more ppl are not talking about 👏

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  • April 23, 2022 at 3:58 am
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    Wish there was a way to gate BigCos from writing anything to the blockchain. This changes the "why" for my next decade.

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  • April 23, 2022 at 3:58 am
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    😊😊😊😊

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  • April 23, 2022 at 3:58 am
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    you grab a moonbird for yourself Giancarlo? is a video on those coming after we have more details regarding nesting?

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  • April 23, 2022 at 3:58 am
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    i guess we had to know that they would come and try and conquer. great video as usual!

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  • April 23, 2022 at 3:58 am
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    if meta takes 50% cut, then they're digging their own grave

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  • April 23, 2022 at 3:58 am
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    Can we truly be decentralised if rich companies are buying up large stores of ETH and BTC to then have a big influence on the markets?

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  • April 23, 2022 at 3:58 am
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    this is getting into sci-fi territory and its scary

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  • April 23, 2022 at 3:58 am
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    Great video, reminded me to delete Instagram and remove some tokens I had left on centralized exchange.

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  • April 23, 2022 at 3:58 am
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    Why are you all stuck inside the Eth cult? Have they made that switch to POS yet? Delayed yet again? Hmm, why is that? How will King Vitalik get all the miners on board?

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  • April 23, 2022 at 3:58 am
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    Boggles my mind how most are still haggling over Eth based NFTs. How can you bring the masses when you have to pay $40 in gas to mint an NFT you might sell for fun for a couple bucks each. Makes no sense. I am using XTZ and yield farming via Tezotopia. Highest fee I think I've seen in Temple wallet is $0.04. Most are $0.01. No hesitation in making transactions.

    Reply

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