For Anyone Who Still Thinks NFTs are a Scam…



Today’s video is a conversation I had with the amazing Daniel Pink and Angela Oguntala after the Brand Minds conference in Bucharest, Romania! For anyone out there still struggling with the concept on NFTs, the practicality of them, the utility or the point of NFTs, this episode is going to be a great listen.

Thanks for watching!
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Check out another series on my channel:
Keynotes: https://www.youtube.com/watch?v=6vCDlmhRmBo&list=PLfA33-E9P7FCEF1izpctGGoak841XYzrJ
NFTs: https://www.youtube.com/watch?v=AwMJ6bScB2s&list=PLfA33-E9P7FAcvsVSFqzSuJhHu3SkW2Ma
Business Meetings: https://www.youtube.com/watch?v=wILI_VV6z4Y&list=PLfA33-E9P7FCTIY62wkqZ-E1cwpc2hxBJ
Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLfA33-E9P7FAvnrOcgy4MvIcCXxoyjuku
Trash Talk: https://youtube.com/playlist?list=PLfA33-E9P7FDelN4bXFgtJuczC9HHmm2-
WeeklyVee: https://youtube.com/playlist?list=PLfA33-E9P7FBPjdQcF6uedz9fdk8XKn-b

Gary Vaynerchuk is a serial entrepreneur, and serves as the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends.

Gary is considered one of the leading global minds on what’s next in culture, relevance and the internet. Known as “GaryVee” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. Whether its emerging artists, esports, NFT investing or digital communications, Gary understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase and Uber.

Gary is an entrepreneur at heart — he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full service advertising agency, VaynerMedia which has offices in NY, LA, London, Mexico City, LATAM and Singapore. VaynerMedia is part of the VaynerX holding company which also includes VaynerProductions, VaynerNFT, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce. Gary is also the Co-Founder of VaynerSports, Resy and Empathy Wines. Gary guided both Resy and Empathy to successful exits — both were sold respectively to American Express and Constellation Brands. He’s also a Board Member at Candy Digital, Co-Founder of VCR Group, Co-Founder of ArtOfficial, and Creator & CEO of VeeFriends. Gary was recently named to the Fortune list of the Top 50 Influential people in the NFT industry.
In addition to running multiple businesses, Gary documents his life daily as a CEO through his social media channels which has more than 34 million followers and garnishes over 272 million monthly impressions/views across all platforms. His podcast ‘The GaryVee Audio Experience’ ranks among the top podcasts globally. He is a five-time New York Times Best-Selling Author and one of the most highly sought after public speakers.

Gary serves on the board of GymShark, MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.

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43 thoughts on “For Anyone Who Still Thinks NFTs are a Scam…

  • July 1, 2022 at 1:51 am
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    web3 today is the BBS phase of the internet. text-based bulletin boards for "extremely motivated individuals".

  • July 1, 2022 at 1:51 am
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    Just to be clear….and NFT will be very valuable assuming……..a coffee shop hires am extremely successful artists who drew the art on the apple reader?.

  • July 1, 2022 at 1:51 am
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    Recently, I lost $15,700k to some excentral trading scam platform. I was depressed and almost gave up. All thanks to a God sent hacker who helped me get back. You can get to him with the name written above..

  • July 1, 2022 at 1:51 am
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    Recently, I lost $15,700k to some excentral trading scam platform. I was depressed and almost gave up. All thanks to a God sent hacker who helped me get back. You can get to him with the name written above..

  • July 1, 2022 at 1:51 am
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    QUESTION 🙂 Does anyone know what Gary means at 31:16 ? What does it mean that "ethereum is going to proof of stake vs proof of work" ? And then in that rendering in august its deploying less work than netflix? And how did he connect that to "stop watching netflix". And why does that make it a polarizing conversation?

  • July 1, 2022 at 1:51 am
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    I agree that NFTs are here to stay but there is a big problem and that is lack of innovation and a saturated market of copy cats and cash grabs. The biggest projects to come out of the bear market and future blue chips will be the ones no one is talking about, underrated, innovative, talented and experienced team with major utility and upside, most likely still under 1 eth.

    It's just too easy to create a pfp project and copy the bayc airdrop template. The investor size of the NFT market is a fraction of the crypto market and with even more projects saturating the market daily with little to no fundamentals, innovation or utility. Every good NFT project isn't required to have utility in the traditional sense if is something like art for instance, outside the utility to entertain or inspire perhaps. However, web3 could just be the tip and nfts could go well beyond this capacity if the cash grabs would end and the innovation would commence.

  • July 1, 2022 at 1:51 am
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    Holly smokes, the guy is proposing to monetize people, or in other words: make people pay taxes to millionares and billionares. Insanity. An absolute insanity. Especially in USA where one can easily fall into debt, use the monetization option and essentially become a slave to a billionare for the rest of his life solely because he couldn't afford the healthcare he needs. That's like… literally worse than anything Pondsmith thought of for the Cyberpunk franchise.

  • July 1, 2022 at 1:51 am
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    ''What the internet did for information, the blockchain will do for transactions' '

  • July 1, 2022 at 1:51 am
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    DO NOT take anyone's advice that proclaims himself an alpha male or actually says the word comma while speaking

  • July 1, 2022 at 1:51 am
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    I like it how they don’t let each other finish their sentences 🙃

  • July 1, 2022 at 1:51 am
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    This nigga fell off. Your fan base is broke asf.

  • July 1, 2022 at 1:51 am
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    Yeah, 10+20 years from now when they figure out how to make it useful. But not now lol.

  • July 1, 2022 at 1:51 am
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    Gary's ability to see that far ahead is crazy haha much respect my boy !!!

  • July 1, 2022 at 1:51 am
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    @GaryVee – I would love for you to become a part of our NFT minting company, Mint City. We are specifically reaching out to these real world businesses (coffee shops, ski lifts, etc). We have a powerful tech and business team, but you would help us reach almost any business. Let’s talk.

  • July 1, 2022 at 1:51 am
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    NFTs are not a scam, but the way you lie, manipulate the market and promote unethical people that do intentionally scam and fraud people. How can anyone take you seriously anymore?

    Remember when you told all of your supporters (because we're not imvestors) that VF2 and VeeCon tickets were going to be worth $10,000 USD or more and now it's only worth $500 – even I saw that coming man…

  • July 1, 2022 at 1:51 am
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    What internet did for information, blockchain will do for transaction.
    ~GaryVee~

  • July 1, 2022 at 1:51 am
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    @GaryVee Hey would you possibly make available the links to read you're sending him to us? I am reading a bunch and not sure what is good or bad info.

  • July 1, 2022 at 1:51 am
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    That was very insightful, thank you.
    I hope for your coffee card story to become true, I hope also that all participants to the contest will get a tiny percentage as well. Raising awareness to young artists about classical contests being free spec work 🙂

  • July 1, 2022 at 1:51 am
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    MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below,…..

  • July 1, 2022 at 1:51 am
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    He needs to put those links in the description of the video. He said let's exchange emails and I'll send you a bunch of links on NFTs. I really need him to post them under the video description.

  • July 1, 2022 at 1:51 am
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    I don’t think NFT is a scam. It just I can right click, then save as jpeg.

  • July 1, 2022 at 1:51 am
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    I'm really happy for this conversation to be posted for everyone here to hear/see. Really interested seeing this clip 20+ years from now

  • July 1, 2022 at 1:51 am
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    Would love to have those links that Daniel got from Gary…

  • July 1, 2022 at 1:51 am
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    Hey guys I am inviting all PokeMineGo trainers! Lets play and defeat the evil bosses every 9:00 PM to 9:30 PM daily and save the DEME universe from the wicked plot.

  • July 1, 2022 at 1:51 am
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    I can see the concept but does this actually work out? Is it really created money from essentially nowhere? I’m not so sure.

  • July 1, 2022 at 1:51 am
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    Me responding to ( 6:05) don’t you need to buy an NFT with crypto? The answer is yes… so if the government shuts down crypto what will happen to NFTs? Now don’t get me wrong I love NFTs but just a question

  • July 1, 2022 at 1:51 am
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    I listened to the Gas part on Ethereum too, The shard chains are what will help reduce gas fees significantly. Arbitrums currency is Ether, and now you can deposit yours on there.

    The funny thing is they’re saying shards are coming after the merge, but I’m pretty sure they’re doing it all at once, and Arbitrum is the first beta I’m aware of.

    Time will tell though

  • July 1, 2022 at 1:51 am
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    First of all, great video Gary! Love your work and your commitment to delivering value! Truly. Second of all, I love how you called this a great conversation and “exchange of ideas” as you steamrolled them for 30 minutes with your ideas and perspective. 😂 But that’s why we love you Gary.

  • July 1, 2022 at 1:51 am
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    hi guys im if been drawing cars cartoons & people for a while can it also been use as an NFT …. cause its laying around & im just wondering now what i can do with it

Comments are closed.