September 19, 2021

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Domain Names For Sale | Intellectual Property | Websites & Hosting

The Fascinating Emerging World of NFT Avatars Online | Ep. #80

2 min read

In this episode of The Unstoppable Podcast, we’re talking to our Co-Founder and CEO Matthew, and our product manager Jimmy Chang. We’re going to dive into the new NFT avatar craze that’s taking over Twitter and what it means for the overall NFT space.

We discuss why people are spending so much money on these NFT avatars. Aren’t they essentially just JPEGs? We also talk about why people are wanting to identify as these digital avatars online, often instead of their real faces, and how it could affect interactions.

We talk about the community that is forming around a shared interest in NFTs, and whether the NFT market is starting to exclude people who can’t afford to pay high prices. The guys also weigh in on what makes an NFT avatar project more or less successful—is artwork less important than community-building and exposure?

Finally, we talk about some of the best NFT projects right now, and what made their community-building so successful, and the guys share their thoughts on the long-term future for NFT avatars.

⏳ TIMESTAMPS:

0:00 Intro
1:43 Why are people spending so much money on NFTs?
7:26 Why are people identifying themselves with NFT Avatars?
10:52 How does identifying yourself with an NFT avatar affect interactions with people?
15:45 NFT avatar communities
20:06 Is the NFT avatar market limited to a small number of people?
24:00 What makes an NFT avatar project more or less successful?
28:16 Why is the NFT space blowing up?
36:40 Jimmy’s favorite NFT projects
39:45 Why does Matt love Pudgy Penguins?
42:48 Will be possible to design interoperable clothing for a digital avatar?
47:03 The long-term outlook of the NFT avatars

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