Opinion certainty 2/5 debate potential 3/5

Kayvon Tehranian: Nyan Cat is more recognizable than the Mona Lisa

Kayvon Turanian · NFTs and the Creator Economy · May 19, 2021 · at 3:54

Kayvon Tehranian, founder and CEO of Foundation, discusses the cultural reach of famous digital memes at the a16z NFT Summit.

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“I would argue it's probably more recognizable than the Mona Lisa”

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More from Kayvon Turanian

Prediction Not checkable as stated
Kayvon Tehranian predicts the NFT movement will match the Renaissance's cultural impact
“I will go on the record and saying that I think it will be a similar era in terms of its impact given what we've seen in only just three months on foundation.”
Kayvon Turanian May 19, 2021 ▶ 16:31 NFTs and the Creator Economy
Assertion Partly supported
Rafaël Rozendaal made over $1.3M selling five NFTs on Foundation
“Raphael Rosendahl in his two month career so far in foundation has made over 1.3 million dollars sending, selling five NFTs.”
Kayvon Turanian May 19, 2021 ▶ 7:03 NFTs and the Creator Economy
Assertion Supported
Nyan Cat NFT sold for 300 Ethereum on Foundation
“Ultimately, through the course of the auction, the piece went for 300 Ethereum.”
Kayvon Turanian May 19, 2021 ▶ 4:23 NFTs and the Creator Economy
What-if
Traditional payment friction would make global artist sales impossible without blockchains
“Without any obstacle around customs, foreign exchange, wire transfers that would have perhaps, perhaps made this interaction impossible without blockchains and without foundation.”
Kayvon Turanian May 19, 2021 ▶ 6:08 NFTs and the Creator Economy
Assertion Supported
Edward Snowden's NFT sold on Foundation for 2,224 Ethereum ($5.5M)
“This piece sold for 2224 Ethereum. In today's prices, that's 7.5 million dollars. At the time of the auction, that was 5.5 million.”
Kayvon Turanian May 19, 2021 ▶ 9:19 NFTs and the Creator Economy
Prediction Not checkable as stated
DAOs will pool resources to make investments no individual could afford
“And I think that speaks to a trend that we'll see where people come together and collectively pool resources together, use smart contracts to govern their collective resources and make investments that no individual could.”
Kayvon Turanian May 19, 2021 ▶ 10:35 NFTs and the Creator Economy
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