Think Bigger In The Next NFT Summer – Anndy Lian at NFT NYC 2023

Think Bigger In The Next NFT Summer – Anndy Lian at NFT NYC 2023

In the realm of NFTs (non-fungible tokens), it is crucial to think beyond mere speculation and embrace a more sustainable and innovative approach. Anndy Lian delves into the transformative power of NFTs and highlights the paradigm shift being witnessed in the industry. As big brands increasingly recognize the immense opportunities presented by NFTs, it is essential for crypto natives to think even bigger and contribute to the growth and long-term viability of this emerging sector.

Thinking Beyond Speculation:
While NFTs have garnered attention for their speculative nature, moving away from the short-term mindset and considering their broader implications is vital. Currently, the focus is on the price and potential financial gains of NFTs. However, NFTs should be viewed as a technology that can address specific needs and create new possibilities to truly unlock their value.

Leveraging the Power of Big Brands:
Prominent brands such as Gucci, Porsche, Starbucks, Amazon, and Red Bull have embraced NFTs as an opportunity to enhance engagement with their communities and promote the adoption of Web3 technology. These forward-thinking brands are not merely selling NFTs for quick profits but are instead investing in the future. By leveraging their influence and credibility, they are elevating the crypto industry and driving mainstream acceptance.

The Lessons from Tech Visionaries:
Historically, visionaries like Bill Gates and Jack Ma have foreseen the transformative potential of emerging technologies. Although initially met with skepticism, their predictions about the internet and e-commerce have become a reality. Similarly, the integration of NFTs into the strategies of major brands today signifies a shift towards a future where NFTs serve a purpose beyond speculation.

Seizing Opportunities for Growth:
Crypto natives must not lag behind in this rapidly evolving landscape. It is imperative to think bigger, demonstrate sustainability, and exhibit the true potential of NFTs. By showcasing the value and utility of NFTs, both in the Web3 and Web2 domains, crypto natives can prove their commitment to driving lasting change.

Embracing Innovation:
NFTs possess the power to transform various sectors, ranging from art and collectibles to membership programs and decentralized finance. However, it is crucial not to saturate the market by applying NFTs indiscriminately. Instead, identifying the inherent value in each asset and creating meaningful connections between the physical and digital realms will pave the way for a prosperous future.

Digital Assets as Catalysts for Change:
In the quest for a sustainable and interconnected world, NFTs emerge as revolutionary digital assets. By embracing this paradigm shift collectively, we have the potential to reshape industries, challenge traditional notions of value, and make a positive impact on a global scale. The journey towards a fully integrated Web3 experience may take time, but the transformation will be significant.

Conclusion:
As NFTs evolve beyond speculation and embrace a more sustainable approach, the importance of forward-thinking individuals and communities cannot be overstated. By thinking big and aligning with the vision of major brands, crypto natives can contribute to the growth and long-term success of NFTs. The future holds tremendous potential for innovative use cases and the integration of Web3 technology, and it is up to us to seize this opportunity and drive change. Together, we can revolutionize industries and establish NFTs as a catalyst for a more interconnected and prosperous future.

Anndy Lian is an intergovernmental blockchain expert. His recent book- NFT: From Zero to Hero, highlighted the core application of NFT technologies.

NFT NYC 2023 is one of the most highly anticipated events in the NFT space. With over 6,000 attendees, 1,500 speakers, and 500 brands, the conference provided a space for people to connect, debate, and learn

The original source of the video is from NFT.NYC official youtube channel: https://youtu.be/B00bpG_ovl4.

Anndy has also written a full article on how he sees big brands integrating with web3 at this link: https://cryptoslate.com/nfts-and-big-brands-exploring-new-possibilities/

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Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Panel Discussion: How will NFT empower the creator economy in the web3 era?

Panel Discussion: How will NFT empower the creator economy in the web3 era?

The rise of Non-Fungible Tokens (NFTs) has sparked a remarkable transformation in the cultural and creative economy, ushering in an era filled with new possibilities within the web3 ecosystem. NFTs offer creators unprecedented opportunities to monetize their work, establish ownership, and engage with their audience in exciting and innovative ways. This panel, organized by WikiEXPO explores the ways in which NFTs empower the creator economy and contribute to the development and prosperity of the cultural industry.

The panelists are Ganesh R, Co-founder, Firebond; Hanis Harmiles, Founder, Reinvent DAO; Tony Fu, Founder, NFT China; James Lee, CCO, Srarry Nift; Caesar Chen, Ethereum Developer & Anndy Lian, Intergovernmental Blockchain Advisor.

Direct Monetization and Increased Revenue:

NFTs provide creators with a distinct advantage: the ability to monetize their work directly, without the need for intermediaries. By minting and selling their digital creations as NFTs, artists can bypass traditional platforms and retain a larger portion of the revenue generated. This direct relationship between creators and collectors promotes a more equitable distribution of profits, ensuring that artists receive fair compensation for their contributions and fostering a sustainable economy.

Royalties and Secondary Sales:

A revolutionary aspect of NFTs is the inclusion of smart contracts. Creators can program these contracts to include royalties, guaranteeing them a percentage of future sales. This means that artists can benefit from the increasing value of their work over time or from subsequent sales on secondary markets. Such a system provides artists with a consistent revenue stream, incentivizing them to continue producing exceptional works and fueling the growth of the cultural industry.

Authenticity and Provenance:

Authenticity has long been a concern in the art world. However, NFTs tackle this issue by leveraging blockchain technology to establish transparent and immutable records of ownership and provenance. Each NFT is uniquely identified and linked to its creator, making it incredibly difficult to counterfeit or plagiarize digital assets. Collectors can now have confidence in the legitimacy and originality of the NFTs they acquire, building trust within the ecosystem and driving the demand for digital creations.

Tokenizing Intellectual Property:

NFTs extend beyond traditional visual artworks, encompassing a wide range of digital content such as music, videos, virtual real estate, and virtual goods. This ability to tokenize intellectual property opens up new avenues for creators in various fields to monetize their unique creations. Musicians, for instance, can release albums as NFTs, granting exclusive access to bonus tracks or backstage experiences. Filmmakers can tokenize movie memorabilia, offering collectors the opportunity to own iconic props or moments from their favorite films. This expansion of tokenization possibilities stimulates creativity and innovation, propelling the cultural industry forward.

Community Engagement and Collaboration:

NFTs foster direct interaction between creators and their audience, nurturing a sense of community and engagement. Artists can utilize platforms built around NFTs to communicate with collectors, offer exclusive perks, organize virtual events, and cultivate a dedicated fan base. This heightened connectivity enables creators to receive insights, feedback, and support from their community, resulting in more refined and impactful artistic creations. NFTs also facilitate collaboration between artists, encouraging the exchange of ideas, cross-disciplinary projects, and collective creativity.

Decentralized Marketplaces and Creative Freedom:

In the web3 era, NFTs are accompanied by decentralized marketplaces that empower creators with greater autonomy and creative freedom. These platforms eliminate the need for traditional gatekeepers, allowing artists to reach a global audience without geographical limitations. Moreover, creators have the flexibility to experiment with various pricing models, access real-time sales data, and maintain control over their artistic direction. By removing barriers and creating a more inclusive environment, NFTs unlock the full potential of the creator economy, fostering a thriving cultural industry.

Conclusion:

NFTs have emerged as a powerful force propelling the cultural and creative economy into uncharted territories. By empowering creators through direct monetization, royalties, authenticity, and community engagement, NFTs have revolutionized how artists interact with their audience and monetize their work. Through the tokenization of intellectual property and the freedom offered by decentralized marketplaces. As this technology continues to evolve, it promises to reshape the future of creativity, creating a more vibrant and inclusive ecosystem for artists and enthusiasts alike.

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Anndy Lian’s NFT NYC Speech: Think Bigger in the Next NFT Summer

Anndy Lian’s NFT NYC Speech: Think Bigger in the Next NFT Summer

Best selling book author, Anndy Lian gave his speech titled “Think Bigger In the next NFT Summer” at NFT.NYC 2023.

The concept of NFTs (Non-Fungible Tokens) has been in existence for some time now. However, while it has gained considerable popularity, it has also raised concerns amongst some people. Many individuals have developed a negative perception of NFTs due to the hype surrounding them. There have also been instances of NFT wash trades, which are used to inflate NFT prices artificially. Additionally, some NFTs have no practical use, and some are regarded as securities, which is a regulatory issue.

Despite this, the NFT craze is far from over, and it could be just the beginning of a new era. Big names like Gucci, Porsche, Starbucks, Amazon, and Red Bull Racing have started investing in NFTs, which suggests that the market is gaining traction and legitimacy. This year could be the last NFT summer where people only see NFTs as a speculative asset.

In 1999, Bill Gates predicted that everything would be on the internet. Jack Ma did the same in China, but people thought it was impossible. Now, we are living in a world where the internet is an integral part of our daily lives. If we continue to use our current mindset to envision the future, we risk being left behind, just like those who laughed at the internet in its early days.

We need to broaden our minds and start thinking beyond the current limitations of NFTs. NFTs can be used for anything, from digital art and music to virtual real estate and gaming items. The possibilities are endless, and the new assets are in the digital world. Crypto natives need to think bigger and explore the true potential of NFTs.

Although we currently view NFTs as speculative, we must start using them in the future we create. Big brands have recognized this and are willing to invest in the technology. It is time for us to move past the current hype and start creating and exploring the digital world that awaits us.

In conclusion, the next NFT summer will not be about speculating on assets but rather about creating and using them. NFTs represent the future, and it is time for us to start thinking beyond our current limitations and explore their full potential. The possibilities are endless, and anything can be an NFT. Let us embrace this technology and start creating a better digital world.

NFT NYC is a yearly event dedicated to NFTs and blockchain technology, which has quickly become a major focus of the art and collectibles world. This immersive conference and festival attracts a wide variety of participants, including industry leaders, artists, collectors, and enthusiasts, who come together to explore the possibilities of NFTs. Attendees can learn about the latest trends, technologies, and best practices related to NFTs.

Timeline:

00:00 Introduction of Anndy Lian’s vlog at New York
00:19 Anndy Lian gets his VIP Speaker badge to NFT.NYC Conference
00:30 Walking into NFT.NYC Conference area
00:59 Visting the art gallery at NFT.NYC
01:13 Introduction of the First Speaker, Anndy Lian
01:47 Anndy Lian’s Introduction
02:05 Anndy Lian’s Talk on “Thinking Bigger in the Next NFT Summer”
04:01 Anndy Lian’s Discussion on NFTs and their Current State
04:52 Anndy Lian’s Thoughts on NFTs in the Upcoming Summer and the Participation of Big Brands
08:57 Anndy urges all to think bigger in the next NFT Summer
10:19 Conclusion to Anndy Lian’s speech is “Anything can be NFT. Your new assets is in the digital world.”
11:50 End of Anndy’s speech
11:55 Continue to look at the exhibitions and network
12:42 End of video

Tags:

#NFTs, #ThinkBigger, #AnndyLian, #NFTNYC, #DigitalAssets, #BlockchainTechnology, #CryptoNatives, #VirtualRealEstate, #GamingItems, #ArtandMusic, #EndlessPossibilities
#CreateTheFuture, #BeyondLimitations, #InvestInTechnology, #BetterDigitalWorld, #NFT, #newyork

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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