John Kraski and Justin Shenkarow: The Current State of Things in Web3 (E13)

In This Episode

• (00:46) – Kevin and Adam’s experiences with investing in meme coins and the psychology behind FOMO 
• (04:21) – The importance of narrative in the culture of meme coins.
• (05:22) – The power of getting involved/onboarding 
• (08:51) – John’s experience moving to Dubai, finding a place to live, and adjusting to life in a new city.
• (11:27) – The cleanliness of Dubai and how it compares to other places in the world.
• (13:03) – Justin’s journey and what he does in the Web3NFT space 
• (15:44) – The future of NFT conferences and satellite events, and the importance of community building and networking in the NFT world
• (17:35) – State of the market for PFP NFTs and the challenges of mass adoption and community building.
• (21:11) – Web3 Animation Studio and the tech behind NFTs
• (23:16) – How NFTs are revolutionizing storytelling and community engagement in the entertainment industry
• (24:47) – Big brands and NFTs: Thoughts on their strategies and ROI.
• (26:36) –The importance of being agile and pivoting in the cryptocurrency space to listen to customers
• (27:54) – The negative impact of scams and negative PR on NFTs
• (31:32) – Thoughts on mass adoption in the cryptocurrency space
• (32:14) – How Web3 will achieve mass adoption, the role of AI, and the potential of a cartoon to introduce NFTs to the mainstream.
• (34:53) – The different strategies that big  brands are using to build a presence in the metaverse and the potential challenges
• (38:35) – How big brands like Mastercard and Apple are waiting to enter the crypto
• (42:51) – Why is Metaverse not ready for mass adoption yet?
• (43:32) – Predictions on when mass adoption will happen
• (44:16) – Experimental Phase of Metaverse and the Future of metaverse
• (45:23) – Bitcoin Ordinances and NFTs 
• (47:50) – The biggest threat to the future of the metaverse growing and mass adoption