How greed is ruining NFTs | Sidebean

How greed is ruining NFTs -Thank you to BTCS for being the sponsor of this video about NFTs. BTCS is a leader in blockchain infrastructure and data. To learn more about BTCS head over to. ► https://btcs.com/ - Our NFTs include 12x30min office hour sessions with Caya ►https://opensea.io/collection/company-forensics -Follow Andrés Murillo's artistic work. ► https://www.instagram.com/murillo__andres/ - We don’t just make videos. We help startups present to investors. ► https://youtube.slidebean.com/nft #slidebean #crypto #nft -- There are two things you need to understand about NFTs: 1- Millions of people are trading with them- but most of them are just trying to make a quick buck. 2- What NFTs could do for society, for technology, and for the web is fantastic. They could help break our reliance on tech giants like Facebook, and Google and help us move forward. For the better. I firmly believe that. For the past few weeks, I’ve been getting deeper and deeper into this rabbit hole, and I was constantly left in awe. Because of the speculation, the price manipulation happening right now around NFTs - might just ruin this fantastic piece of technology for everyone. So many people trading with NFTs don’t understand them, are not innovating with them, are not coming up with new ways to leverage the blockchain. So many of them are jumping in to try to find the next collection going viral, drawing the price up… and then flipping it. But I’m getting ahead of myself. Before I dive into that rabbit hole (and I will), in this video I want you to understand NFTs, and more importantly, what they could mean for the future of the internet. -- 0:00 NFts - Intro 1:23 NFTs - What are NFT'? 7:10 NFTs - The Danger of NFTs 11:17 NFTs - Long Term Potential --- Follow Caya: https://twitter.com/cayahere https://instagram.com/caya_here Turn on notifications for the podcast & rate it a 5-star for new episodes. Sidebean makes documentaries about startups, tech, and their impact on society. It is a venture-backed company that helps other startups navigate the complicated road to success. They love to cover stories around business, startups, and tech, trying both to teach and entertain. Subscribe to Sidebean on YouTube: https://www.youtube.com/@slidebean/ Disclaimer: This podcast is an independently produced audio adaptation of content originally shared by Sidebean. It was created by a fan who appreciates Sidebean’s thoughtful storytelling and wanted to make these ideas more accessible for audio-focused listeners. This is not an official production of Sidebean, nor is it affiliated with or endorsed by the channel. All rights to the original video content belong to Sidebean. If you are a representative of Sidebean and have any questions or requests, please feel free to reach out. - -------- ------------- Keywords: openai, tech society, startup success, technology news, startup insights, startup analysis Learn more about your ad choices. Visit megaphone.fm/adchoices