31. Are NFTs a Fad or the Future? with Jesse Krieger

Not that long ago, we were all trying to wrap our collective heads around this thing called Bitcoin and how it was promising to revolutionize the way we all pay for goods and services. And now, before we’ve really even come to a consensus on whether cryptocurrencies are a digital currency, a store of value, an investment asset class, or something else entirely, the conversation has shifted to a different form of digital gold called an NFT.

In this episode, Malcolm Ethridge is joined by Jesse Krieger, Chief Content Officer at PowerFan.io, an NFT minting platform for authors and other content creators, allowing them to create and sell exclusive works directly to their audience. Jesse discusses the ways in which cryptocurrency and NFTs differ, how NFTs are changing the narrative of the creative marketplace, and the potential impact NFTs have on ownership and artist royalties.

Jesse Krieger discusses:

  • The key differences between many of the more popular blockchains, cryptocurrencies, and their individual purposes in the marketplace
  • The higher income potential for artists and creators that distribute their content direct to consumers via NFTs
  • PowerFan’s ability to help create and distribute content as an NFT and their accessibility to credit cardholders
  • The multiple use cases for NFTs and the ways in which the space might evolve
  • And more

Resources:

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About Our Guest:

Jesse is the co-founder and Chief Content Officer of PowerFan.io where he helps authors, artists & creators leverage NFTs and blockchain asset strategies. Jesse is also the Founder and Publisher of Lifestyle Entrepreneurs Press, a publishing company that has helped over 500 authors through the entire author journey, from writing and creating a great book, to providing expert publishing support with editing, design, layout and marketing strategy. He has authored and published two best-selling books on two different continents and been featured on over 100 media outlets for his bestselling book Lifestyle Entrepreneur and entrepreneurial endeavors. Jesse also holds degrees from University of California, Berkeley, as well as National Taiwan University and Beijing Normal University.

Disclosures:

The information provided is for educational and informational purposes only, does not constitute investment advice, and should not be relied upon as such. It should not be considered a solicitation to buy or an offer to sell a security. The views expressed in this commentary are subject to change based on market and other conditions. This writing may contain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur. Be sure to consult with your tax and legal advisors before taking any action that could have tax consequences. Investments in securities and insurance products are: NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

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