You were taught wrong about NFTs & here’s why - mcarbon

Michael and thank you for introduction hello everyone it's a pleasure to be here my name is Michael and thank you for coming to this panel right first things first I got to ask uh what's your sentiment on nfts who loves nfts right there is a few who hates nfts okay as personal who's neutral right B Club paj Penguins auki Mady UTS or Bitcoin puppets it doesn't matter these are not nfts these are warpless jpegs that the mainstream media wants you to believe andf these are all about this is headlines of celebrities losing money and helpless people falling into scams is a culture of hate D and denial I must say well just right click and save d right the thing is I feel like we feel like I believe we already passed that point right we we know that nfts are not about right clicking and saving yet here is the ntion we are keep pushing like nothing changed and FD means are hitting up again here up cop here are upcoming NFD projects that have potential uh polish KY is saying do you remember nfts well tomorrow I will sh you some nfts that will make you money and maybe um gretings by the way I I really like cpto invested here that's not a punch line um do not miss the these upcoming nft white lists and of course nfts are back new collection that a 40x as well as SE trying to just get to our pants I believe for absolutely no reason because it's an complete abstraction it all comes down we we can just narrow it down to well maybe not this one nfts are dead well if you say so and the other side n ifs are not dead here is next 100 let's go well I don't know if it's just me or we can actually say that it almost looks like we don't know what actually NF are all about right like is it actually a speculative token assets a thing that just just turned up in on the internet and we just were like oh wow actually I can make a lot of money on that well so the very simple question what is nft and this is a lecture on technology you've heard everything about except what's worth knowing at least I believe so this presentation is not about making pumping up your bags making money the speculative side on nfts nor is about starting your new career fresh career at makis or something and just to give you a little bit more context my name is Mel vangel Michael carbon in English so carbon in web free and you can find me anywhere from telegram Twitter Instagram and so on by searching mcarbon or30 free I'm a CEO of NF poka back in the days uh the first polish educational and entertainment platform for everything NFS and web pre and today web pre polish web pre entertainment media um I'm a podcaster I run over 300 episodes of podcasts are the I believe are most popular one is G NF Poco so called Kafka that we run every single day from Monday to Friday with Johnny or except this Friday and last Friday but we don't talk about it I wrote an ebook first ebook about nfts in Poland as well as I work as an educational consultant for the biggest uh educational agency in Europe and although well I I I my my my last years were pretty much associated with social media marketing and management but I don't consider myself anyhow good at it but still managed to to build this community in the past pretty lovely community and I believe in culture in and integrity what I mean by that is I actually believe that blockchain belongs to people that care about the technology about the solutions that blockchain provides and about the speculative side of it so getting back to nfts in fact these are not nfts as I already said so let's let's make one thing clear nfts are not a crypto sumr that's really important I believe because if you think about it the what happened is that we really started to believe that nfts are all about speculation all about jpex where we really started to to associate the price of a JPEG with the potential of the whole technology as nft technology as AOG graphic token which is well a Pity because most of us will say nfts are dead only because the price of some jpex went down by 99.99% and it happened to 19 99.99% of all of the collections well it happens right but it's as same as let's say saying that AI technology set of Technologies uh doesn't have don't have much potential only because let's say a performance of a Singler chatbot is not is not that good I would say same goes to n of these and also what's important is that um we go we we could just take the the whole technology and and just put a straight into the bin because some people that go into NFD in the first place because of the price of a JPEG just believe that and if all about that so if it's not about that let's take a step back to actually understand what is all about then and it's in Polish for them but I really like this graph just to quickly remind all of us that in fact web 3 goes to the internet for creators the internet in our own hands right uh so the internet where we own our own things the internet where no one can just take it from us and we can just do whatever you want with it I like to say that web free is the the new generation oh actually should I have my mic a little bit closer yeah okay sorry for that and yeah it's a new generation of entrepreneurs investors developers artists and creators web free creators so what is nft non funable toen we know that right I feel like the first time we all heard about nfts we were like all right non fungible token what the heck is that well the definition is a non-fungible cryptographic token on a blockchain used to verify ownership and offens of a digital content or physical I it does explain a lot yet we still believe the nfts are about selling jpex on a on a let's say opens okay so let's ask ourselves what problem does nft actually solve then well in fact it solves the huge issue on the internet we have we had we actually we actually still have but it's a lack of ownership and verification of content opens in the digital sphere let me explain we moved all the parts of our real life into the digital sphere right when it comes to socializing we have social media when it have when it comes to shopping we have online shopping entertainment YouTube Netflix and so on but when it comes to ownership and verification of content opens we didn't have we actually didn't have an answer till now because we can say nfds or any kind of cryptographic token that kind of works similar to NFS because what's really important to mention is that I'm saying nft is this NF is that but in the future we might have something very similar that was based on the nft concept what that's important it doesn't matter whether it's nfts sbts or any fds it still comes from the same idea of the token cryptographic token and that NFP is inspired oh yeah so nfts can be of course photos posts on Twitter full profiles I mean yeah post and in general full profiles on the social media diplomas songs pickets gaming items IDs and of course any any art um as we know I feel like I could tell you a brief story of nfps but uh maybe there is no point in that so I just quickly go through the slides we started with cord coins in 12 2012 on bitcoin um we we we are not really sure if that was a specific time where the whole NFD thing started but yeah actually in 2013 uh V Le with I forgotten to uh r a white white paper on it so maybe that's the official start of nfds then we had in 2014 Quantum by Kevin McCoy the first art on blockchain Van 2015 spells of Genesis by ever dreamsoft uh the first tokenized gaming item uh 2016 rare Peppers Collectibles memes memes maybe yeah uh 2017 of course crypto Punk but larval lops uh first pfps then crypto ke is by deraps uh first uh gaming on blockchain uh 2020 Collectibles 2021 of course people with his every day is the first 5,000 days and then the worst happened because we board ABF FL the started the whole concept of selling jpex and you know and and uh turning the overall concept of antic technology uh to the the very single small idea of selling jpex on the on the market Black Market even uh yeah then also we got P Penguins by some students I just wanted to mention that actually buet Penguins was were were literally made by some students then it was overtaken by by uh LCA so yeah since 2021 we had a full Supernova I call it uh the times where everyone was got everyone got really hyped on N like I mean you know what I'm talking about right and and the same happens to companies like all the companies wanted to jump on the blockchain uh wah wewa well yeah let's make some money uh actually on this list there is some diamonds up there uh let's say fox with their verified protocol which is pretty good and and yeah there was some more but most of them died in really painful painful death so to make it clear actually you know what for me I got to take SI I very refreshing so coming back to the main question what is NFD well nfds are in my opinion these three things there is more I will get to it but starting from the top and that these are decentralization so ownership proof of access and accessibility what I mean by that of course we're talking about owning the content we upload online on chain we own it we can prove that we own it we can prove that we we are we have the access to um some things and we can access that anytime we want because there is no Bank let's say who all dise some of our tokens or something and I really like the example of a pope right the proof of attendance protocol that I believe it's a perfect example of a con of a concept like a solution for for the concept of proving that you actually were some somewhere done something because when you think about it all the treasure hunts in the past kind of came went down to just one person finding something and then sending the key over and over and over over to people that really didn't take didn't take part in a in a game or something uh so Pope actually solves that right uh then we have creativity so royalties visibility and no middleman of course we are talking here about trading let's say your on the internet Once Sold then you keep receiving royalties because of the way an work so let's say you are artist you made some great stuff and in the 10 years time you still receive royalties it's very simple yet so important for artists to actually make a living and and also I really like the concept of Licensing Auto automation something that uh something that is really something that's really uh loud about especially now because of our story protocol and they're whooping 140 millions of of financing uh they came up with the idea of building the the whole blockchain where you can outmate um IPS so as a person who create IP you can decide you can not only automate the whole process of of Licensing the IP but also you can uh control what what kind of license a person who buys it from you actually receive um then we also have Solutions and benefits so I just decided to put everything in one one um huge box when it comes to Fashion gaming music Collectibles communities Etc nfts just provide many different use cases such as uh when it comes to Fashion checking the uh opens of products when it comes to gaming we talking here about the whole new market of uh digital um of of to tokenized digital items uh when it comes to music let's say new options of selling your stuff and um interacting with your audience and yeah collectibl communities same thing I believe uh you know what I'm talking about but actually the reason why this whole panel happened like in my my my head as an idea was because I actually understood wait a minute people are completely unaware it seems like it uh of the biggest thing about n FPS and if you've heard if you already heard about it well well congratulations I feel like you might belong to 1% of people in the world actually heard about it because when comes to the future of an I could just show you this like that's bollocks pretty much like the size and grow of the nft market I could show you the biggest sales on the nft market and the web premarket valuations by the way these are like statistics from 20 2022 which are pretty funny uh if you are up to date with all the things that are happening on the market well it's just jokes or I could actually just say the n solves one of the biggest issues we've got right here right now just one step away Safety and Security when it comes to offens verification when it comes to the world dominated by AI it's that simple like literally like it's I'm I'm not joking we're literally talking about the world where it's all about creating content it's all about proving that you are human and yet I feel like we really struggle to understand that nfts are the solution whenever someone ask oh my God this AI routs really scary I'm not able to I'm not able to differ what's made by AI or human anymore and MAA is trying to do some stuff with very automated authentification it doesn't really work does it we could actually just create an infrastructure where all the content that we put on the internet all the content that we put on chain works as a as an nft or any kind of cryptographic token based on nfts right like the same concept so of course the things you're looking at right now lady on the left is not a real person but she could be right the cat in the middle is not a real cat it's not a real content but they could be it could be your art spread all around Philippines where people make money out of it and you get nothing because content M fry and the future of the internet the future of our physical world is all about the digital world and also online shopping I really like the idea of like Drop Shipping and you know all the SAS uh Services where everything is automated everything can be sold anywhere and yet we don't really provide any form of verification whether what we buying is is anyhow original is anyhow is that actually a real real product what would I get would I get a potato in a box of like a iPhone box um so yeah I will say oh I actually missed I know what I missed I I I will show it to you in a second but yeah when it comes to the conclusion I would say as I mentioned before it's not about nfts it's about a concept of token cryptographic tokens that help us verify what's authentic in the world that's that gone fully digital so physical and I really like do you do you do you know about the coinbase commercials about um art on like creating art on chain have you seen any of those these are really great I hope I can actually show it to you but but for some reason think it's been can I oh I can uh will I get any audio no well I would just to my volume max when you posted Mr migles afterno afternoon snack he got lots of love but then migles started popping up in other places Mr migles was going viral and at first it was fun but then it kept going they were making Mr migles say things Mr miggles wouldn't say Making Mr migles lick things Mr migles wouldn't lick using Mr migles to sell things that Mr migles couldn't sell and guess who reaped the rewards not Mr mles they used his content to boost their algorithms mles drove the traffic but mels missed the income and the internet that should reward making things totally Sidelines the creators who make it possible but if migles had started out on chain then he could control his content and everyone could know that he is the real Mr migles and he could get paid directly and isn't that what it should be an Internet by creators for creators that rewards the creators who create the creative Creations we love so when you come to the ad um I got to say for now it is some kind of Utopia right uh it doesn't work like that for now uh what's funny is that straight after that that Alver um came out someone made a meme coin and made loads of money on that of course Mr Migos did not get anything so the whole point of the the ad kind of uh missed but it show shows us a really interesting concept right that it's not a it's not that much of a concept anymore it's becoming reality just now just here and every person who's saying the nfts are dead nfts are um all about selling jpex online on chain actually you if you are that person you add to the very long process you add problems to the very very long process of um increasing the adoption of such a Solutions because as I said we don't have such Solutions don't work for now but they will because they have to because if you said well how long do we need to wait till such infrastructure actually become reality well it's pretty obvious isn't it that would be the time when AI will become really a real problem real deal it's happening right now but not long till we are really and then people will remind themselves of the solutions the cryptographic tokens such as NDS actually offer yeah don't hate on nfts [Music] guys I believe that's it from me thank you uh so we have time for questions or yeah are there any questions yeah sure thing sir um I I just had a question about the the migles token um you said that wasn't that he didn't receive anything for the mean point but wasn't that token back by coinbase as well uh oh I didn't know that what was it actually because the I think that's how it got so big is because coinbase was actually behind it uh I'm talking about the mem coin like so so what happens straight after I didn't know that oh fun base right yeah I mean there were many tokens Tyler Mr Amigos that that were created on base but there was you're saying that there was a main one actually that was packed by coinbase okay I didn't know that well that's a that's a good point all right so actually Mr Migos did make some money but uh also there were like plenty of other tokens that um did the same thing and also made some money and Mr migles didn't get anything but um yeah the main issue for now with such Solutions is that with such a concept is that um Mr Migos although was on chain there is no infrastructure that could actually that will actually allow us to control what's happening with that token because it's not IP I mean it it is IP in the in the form of a I would say more of a concept rather than the actual licensed IP on the internet something that story protocol might provide but I'm still a bit skeptic anybody else yep thank you very much