September 26, 2022

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Ep 122 – Community Owned and Governed Media Empires with Michael Lazerow from Velvet Sea Ventures

3 min read

On this episode of The Unstoppable Podcast, we’re talking to Michael Lazerow, Co-Founder and Managing Partner at Velvet Sea Ventures.

Michael talks about his early experiences with Web3 through projects like CryptoPunks and what inspired him to start investing. We talk about the importance of asset ownership and how it’s driving the growth of Web3, and Michael shares his thoughts on digital art and projects like Pixel Vault.

We talk about how digital communities of fans can create marketing potential and how communities are changing the way creators tell stories and share their creations. Michael talks about some of the projects that Velvet Sea is looking into.

Michael shares some advice for aspiring founders in the Web3 space and some of the challenges they face. We talk about how off-chain venture capital funding could combine with community-generated funds to drive new projects.

We discuss the importance of anonymity in Web3 and how to strike a balance between the value of privacy and the need to build trust. Finally, we talk about the future of Web3 and what’s to come.

⏳ TIMESTAMPS:

0:00 Intro
1:59 How did Michael get interested in crypto?
5:24 How did Michael realize that Web3 had potential?
8:38 How does owning something on the metaverse affect the everyday person?
14:35 Why are stories so important to NFT projects?
18:43 Is there more marketing potential from ownership communities than the average fan today?
21:58 Has decentralized entertainment the potential to become feature films?
26:51 Are there any lessons that Michael learned from G Funk that he’d pass to other Web3 founders?
29:19 Is the expectation of innovating out of pace in the NFT space dooming founders to failure?
31:54 Could VC funding and community-generated funds come together cohesively?
38:04 Is Michael envisioning Pixel Vault being a 1000 person company one day?
40:02 Is it a problem for contributors of Web3 projects to be anonymous?
46:17 What is Michael’s favorite NFT?
49:54 Who’s an influential web3 creator, entrepreneur, or collector that inspired Michael?
53:04 In 5 years, what’s the craziest thing we’ll be doing on the metaverse?
55:42 Where can you find Michael?

🔗 // GET STARTED WITH BLOCKCHAIN DOMAINS // 🔗
—————————————————————————————–
🔎 Find your blockchain domain name: https://unstoppabledomains.com​
🛒 Buy your domain using credit card, PayPal, crypto, or the crypto.com app: https://youtu.be/EM05fBs_o1g​​​​​​​
🦊 Set up MetaMask: https://medium.com/unstoppabledomains/metamask-an-ultimate-resource-eae3849019e8
📲 Connect your wallet: https://youtu.be/i8PQzzYV5hU
🪄 Claim your domain: https://youtu.be/plWgpXngJL0
🔑 Add your crypto addresses: https://youtu.be/nyge0RegTZ0
🔮 Check out our feature guide for a step by step walkthrough: https://unstoppabledomains.com/features​​​​​​​

🚀 // DO COOL STUFF WITH YOUR BLOCKCHAIN DOMAIN // 🚀
—————————————————————————————————-
💰 Send money: https://youtu.be/D-lVi1x7THk
💻 Build your decentralized website: https://youtu.be/6vWt3XBAFv8
🎨 Set up your NFT gallery: https://unstoppabledomains.com/nft-collection

🎉 // CONNECT WITH US ON SOCIAL // 🎉
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Twitter: https://twitter.com/unstoppableweb​​​​​​​
Instagram: https://www.instagram.com/unstoppableweb
Facebook: https://www.facebook.com/unstoppableweb
Telegram: https://t.me/unstoppabledomains​​​​​​​
LinkedIn: https://www.linkedin.com/company/unstoppable-domains/
Reddit: https://www.reddit.com/r/unstoppabledomains/

Podcast website: https://podcast.unstoppabledomains.com/
Apple Podcasts: https://apple.co/3GE1Rmt
Spotify: https://spoti.fi/3gy9EHV
Full episodes playlist: https://bit.ly/3ow2bO4
Josh’s Twitter: https://mobile.twitter.com/justwavyj

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