Adam Carswell, along with co-hostsNadir PriceandJohn Okocha, bring on special guestAlbert Polanco, NFT & Blockchain Expert, to discuss what Non-Fungible Tokens (NFTs) are and how they use blockchain technology to allow people true ownership over their digital and physical assets.
In this episode, Albert talks about:
Adam would like to give a huge thanks to Albert for coming on the Dream Chasers platform and sharing his knowledge and experience with the emerging NFT marketplace.
Watch the video replay here:https://www.youtube.com/watch?v=9gEsU6mI1rI
Contact Albert Polanco: https://nftyfarm.com/ | Youtube Channel
Timestamped Shownotes:
03:45 – Host Adam Carswell introduces special guest Albert Polanco, NFT & Blockchain Expert, and co-hosts Nadir Price and John Okocha
08:40 – What is a Non-Fungible Token (NFT)?
09:33 – What do NFTs allow for buyers, sellers and traders and what are some examples of use-cases?
10:37 – How does the current state of the economy work between businesses and consumers?
11:50 – How do NFTs use blockchain technology to allow for true ownership of digital assets?
12:10 – What is the Blockchain and how does it aid NFTs?
12:52 – What are the possibilities of programming NFTs on the Blockchain?
14:38 – How do NFTs add utility by serving functional purposes for their digital assets?
16:09 – How can NFTs prove the authenticity of digital and physical items?
17:14 – How can NFTs track the ownership history of an asset?
18:15 – How can NFTs be easily transferred between third-parties globally?
19:45 – How can NFTs prove the scarcity of a digital asset?
20:31 – Why should people care about NFTs?
22:10 – How can an NFT actually prove the authenticity of a physical asset, like Michael Jordan’s basketball?
23:29 – What are Albert’s thoughts on the supposed environmental footprint of NFTs’ energy consumption ?
28:16 – How easy is it to integrate NFTs into the market?
29:55 – What are Albert’s thoughts on BitClout in the NFT space?
31:24 – What is the WAX blockchain and how does it regulate NFT transactions?
34:11 – How are NFTs being integrated into games and virtual reality?
37:48 – How many users are on WAX and how fast is it growing?
37:48 – What advice does Albert have for those looking into the NFT space?
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