NFTs are just a medium for digital art – Jürgen Pölzl

well [Music] um as someone feel it the same we have been on a lot of conventions also last year and the atmosphere was not as good as this year and especially here at EVC people are very motivated they feel that the increase in the market will come again and that's also somehow how I feel it we are doing quite a good job with our two different projects that we are working on with Audi Q and kalindo last year obviously it was tough time I'm also given the the market situation nevertheless this year we see the increase we see the increased interest of our investors but also but also the numbers um tell us that there is a true increase of interest at Investments again [Music] I mean I guess this was the whole motivation when we started rdq around two years ago we were sit together and we well basically we thought about in which nfts we want to invest in next from private side near zero and then we thought there's so many projects out there and most of the project unfortunately are not um as good as they tell us and therefore we said okay it would be nice to create a portfolio where we have our expert discussing in which project we should invest in next and then to offer through our rdq token the possibilities for our investors for our community to invest in a whole portfolio than compared to an investment in one single nft project because first of all obviously this is risk spreading the second thing is that a lot of people in the space don't have the experience that we do in the digital art market and therefore that was the start of the whole process where we sit together and said we need to truly um create a collection that we can offer for our investors or Audi Q holders foreign [Music] well obviously um already two years ago we somehow saw the size we thought okay this Market is so huge and there's so much hype in it especially in 2021 and we somehow expected to drop the the decrease of the market and that's what happened in 2022 as the market completely decreased on Open Sea we saw numbers decrease of almost 80 percent of the trading volume per days and this somehow we expected that's also the reason why we are very much focusing on those collaborations with traditional art institutions such as museums Galleries and artists because we believe that what we have seen the last couple of years those nft projects are nice but we want to bring more digital art through digital art um into the nft space if you want to call it I call it digital art space because for me nft is truly only the technical uh the the the non-functionable talk is only the medium where the digital art pieces are stored on so for me it's not nft art this is something that doesn't exist for me it's always stays digital art but truly with a different medium where we can transfer ownership through the whole globe I mean back in the days if you copy the digital art piece on a USB stick and if you would then later on have sold the USB stick with the with the Coatings from the digital art pieces on it you also didn't call it USB art so I believe as we are at the beginning of such a revolution giving the blockchain technology and there's a lot of people are playing with that and I believe within the next three to five years we will not call it anymore nftr it will always or and it is always digital art only saved on a new media mount foreign [Music] we're using the same blockchain technology architecture that we have created for rdq we are also using for kalindo only with a complete different market for kolindo we have created a portfolio where we basically invest in real estate projects in real estate but also in energy project represents the whole portfolio that we are creating for our calendar token holders and especially with felindo we are partnering with a very strong partner they have 35 years plus experience in a real estate market we are also partnering with external Partners specialized in the energy part or in the energy project that we are investing in so we somehow gathered a community with a lot of Specialists that are working for kolindo to increase the portfolio and therefore hopefully also increase the constant value of the collino token that is represented by the portfolio [Music] thank you look um with both project rdq and kalindo we are um we are ethereum based because for such big projects there's articune to Lindo we really had we really want to have a stable Network that's the reason why we are working on ethereum I see huge potential in all the use cases where you can tokenize weather tangible or intangible assets this within the next five years will will be huge I believe that's also what what we are aiming for and I mean obviously the risks are here mostly from a technical point of view I would say that's the reason why ethereum for us is the trusted harder because we didn't want to go with a smaller Network that is unstable then obviously I also believe that all the regulation issues those are good things as the whole Market needs to be regulated I'm looking forward to have the right guidelines from the different authorities that we certainly know what we can do and what we can so I believe that is a huge huge potential but also some technical risks as the whole industry is still a very young one [Music]