Why you don't need to worry about NFTs

In April 2021, I said there would be a huge supply and demand issue over the next 24 months .. some have been amazing projects led by true operators who are focused on delivering value to their communities – most are not. The demand has not and will not be able to keep up with that extraordinary level of supply, and any time that happens, there’s a bubble waiting to burst.. Still, just like when the dotcom bubble burst, the winners will remain standing. Just like Amazon and eBay were the giants that survived, there will be key NFT projects that will stand the test of time
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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 MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.

[garyvee]

In April 2021, I said there would be a huge supply and demand issue over the next 24 months .. some have been amazing projects led by true operators who are focused on delivering value to their communities – most are not. The demand has not and will not be able to keep up with that extraordinary level of supply, and any time that happens, there’s a bubble waiting to burst.. Still, just like when the dotcom bubble burst, the winners will remain standing. Just like Amazon and eBay were the giants that survived, there will be key NFT projects that will stand the test of time

[Renji]

You say 99% isn’t the right NFT. So your chances of finding that 1% is extremely thin. By the time you find the 1% it’s too late and there’s another 99% created. NFTs are a scam. Change my mind.

[PocketBeemRocket]

This is a pile of cope. An ebb and flow doesn't dive to the ends of the Marianas trench.

[sparker.]

Everyone use to love this guy before nfts.. crazy how the comment energy has changed 😂

[fightgame]

I feel sorry for a lot of people who bought nfts smh. They are coping rn

[isrulius]

Bruh NFTs are dead and aren’t coming back. Just give up the grift and find something new to shill. They didn’t turn out to be the next printing press or whatever you called it, just own it.

[mantarayy]

are VF2s gonna be worth something though?

[nathanpetronzio]

So which NFT’s are the Jackson Pollock? Or Mickey Mantle rookie card?

Which NFT has appreciated in value???

If The Merge was the highest ever selling NFT collection, and is now depreciated 96.5% .. it’s certainly not that 🤣😂😂

[stouycrypto]

Agree 100% Gary - seems like the legacy media is max fudding NFT and crypto right now. The tech is here forever.

[SarthakGupta]

"we've obviously become more educated" sir I beg to differ

[pyotrberia]

The 99% is now %100 but many people have become more educated about being scammed.

[milkinobama]

hey gary, you still not worried about NFTs?

[arielhernandez]

Blablabla its true, belive me, Im Gary

[eltonlovell]

100% worthless.. all of them - worth nothing!

[arielhernandez]

This guy is evil. He live from lies and your money.

[Chris-jtpl]

lmao he’s acting like he knew this would happen what a scam

[josephluccheseable]

Time to show the world what these smart contracts can do...not just goofy pictures my friends...these contracts have the power to and will change the world...thank you Gary.

[jeremy_logan]

People just don't get it. I'm holding the 1% and I'm convicted by that

[younesbaha]

😂😂😂😂😂😂 all gambling, nothing to do with investing

[RobertLoyale]

Digital footprint alone was enough.

If Chris Brown sold Official Trackable NFTs of his exclusive music (and you can only hear it if you got the NFT), and that NFT unlocked a pass to all of his concerts…people would’ve been breaking necks to get the real version. 😂

If McDonalds made an Official Trackable NFT that gave you $6million every year if you held it for 5 months then everyone and their momma would’ve jumped on it.

But y’all are looking at the art and thinking “i could just screenshot it”