Details
Guests:
- Joshua Kim, Creator of Gnogen
- Razvan Statescu, CEO of Elrond Giants
- Edouard Brandeau, Co-Founder of Frame It
Hosts:
- Valentina Malusardi , Community Manager at Morningstar Ventures
- Njani Ruetsch, Content Manager at Morningstar Ventures
With so many interesting NFT projects in the MultiversX ecosystem, and due to the overwhelming demand from our audience, we were thrilled to once again delve into the captivating world of NFTs.
Our engaging discussion explored the current state and future potential of NFTs, including the convergence of virtual and augmented reality, unlocking boundless immersive possibilities and revealing exciting prospects for NFT projects in and outside MultiversX.
Top 3 Key Takeaways:
1. Long-term strategy and an eye for detail can help projects withstand long dynamic market conditions:
The discussion emphasized the importance of creating long value within the NFT ecosystem through a well-structured and strong presence. The guests highlighted the significance of dedicated builders who prioritize meticulous attention to detail and create long-term project strategies. By focusing on careful planning and execution, they aim to establish a solid foundation that can withstand market dynamics and contribute to the overall growth and sustainability of the ecosystem.
2. The integration of technologies like VR and AR has been seen as a massive opportunity for digital collectibles:
The speakers continued the conversation by noting the importance of integrating virtual reality (VR) and augmented reality (AR) technologies for the future success of digital collectibles. However, they also stressed the need to carefully balance implementation with the brand's long-term vision to avoid potential missteps that could harm reputation. While acknowledging the pressure to adopt new technologies rapidly, the speakers reminded the audience to ensure the overall brand vision is maintained. The cautionary tale of Azuki's drop was cited as an example where short-term gains may lead to long-term costs for the brand.
3. The bear market is seen as a pivotal moment where rules are being rewritten, and expectations are being reset:
Our speakers acknowledged the current challenges in the NFT market but expressed their belief that these challenges will prompt reflection and a reevaluation of expectations and strategies for the teams involved. They highlighted that despite the bearish market period, numerous captivating projects are still generating value for the community, and this period acts as a filter for teams that continue building. The speakers recognized the true potential of blockchain technology and NFTs while underscoring the need to effectively communicate the impact and value of these innovations to external audiences.
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Thanks again to our guests for joining our Roundtable discussion and for all the interesting insight.
EGLD Community hosts Twitter Spaces Roundtables and Live Podcasts every month, so keep an eye out for our next session!
Link:
Website: https://linktr.ee/gnogen
Website: https://giantsvillage.com/
Website: https://www.frameit.gg/