The Future of NFTs | Fantom Edge

Luis Fausto is joined by PierogiPierogi, NFT Lead at Atlantica Market, an NFT marketplace powered by the Hector Network.

Pierogi shares his insight on skills you can transfer from Web2 into Web3, what he hopes to see from the NFT market, the progress of NFTs, and the his bullish views on the maturity of the space.

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00:00:00 In this section, the Pierogi discusses the healthy competition that exists in the NFT space, which is driving innovation and benefiting users. He also highlights the importance of critical thinking and decision-making skills in transitioning from Web 2 to Web 3, and the significance of servicing businesses and consumers to attract new users into the crypto space. He introduces Atlantica, a series of NFT marketplace solutions and services that is aimed at alleviating stress and allowing creators to focus on their branding, marketing, and product servicing. He also emphasizes the need for NFT marketplaces to differentiate themselves by offering unique and valuable products and services.

00:05:00 In this section, the speakers discuss the future of NFTs and how they can be used beyond just digital collectibles for games and art pieces. They look towards integrating products that haven’t yet hit the blockchain, focusing on the content that the NFTs could display or unlock for users. They emphasize the importance of quality over quantity while giving back to the community of creators and businesses through perks for loyal users. They also discuss the need to move beyond just financial aspects towards unlocking experiences, assets, and creativity. They both believe that NFTs can have a different purpose than just financial transactions and look towards a more technological aspect related to the content the NFTs unlock. The speakers end the section with a bullish future in the blockchain and cryptocurrency area, hoping for more innovation and unique uses for NFTs in the future.

00:10:00 In this section, Pierogi talks about healthy competition among NFTs and how it leads to innovation, benefiting end users. This competition and innovation drive the creation of better products, services, and user experiences, ultimately leading to the maturity of crypto. He also highlights the importance of creating assets that excite users and provide them with real-life value beyond just financial gains. The speakers agree that competition and maturation are essential for increased adoption of NFTs.

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