Rosenstein: Creators and platforms profit more than secondary NFT collectors
Jason Rosenstein · A Top Computer Scientist Got Drained in Seconds From a Discord Link · Aug 30, 2022 · at 7:42
Jason Rosenstein, founder and CEO of curated NFT platform Portion, explains the distribution of financial rewards in NFT projects between creators, founders, and collectors.
0:00 / 0:21exact quote · 21.3s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I think in any given case, generally the owners and the artists receive the most monetary benefit from an NFT project. You'd have to really, as a collector, you'd have to really buy a significant share of the NFTs and then hope that, you know, you've done well on, on what is an investment to be able to make more than the owners.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Jason Rosenstein
Rosenstein: Every future video game will feature a play-to-earn economy
“There's gonna be this play-to-earn economy, in my opinion, that's gonna be created, and I don't think that, that, that people in the future will ever be playing video games to just, for free, essentially. I think that every game will have an economy in whateve…”
Rosenstein: Early NFTs are the Picassos and Mona Lisas of digital art
“The early NFTs are the Picassos and Mona Lisas of this new movement, and people simply gravitate towards them because they're the most well-known. And because they're the most well-known, People want them. It's a simple thing that happens throughout the art cu…”
Rosenstein: Early NFTs like CryptoPunks will endure due to established communities
“Definitely the early NFTs, the OG NFTs, and we're talking things like Crypto punks and rare pepes, you know, from 2016, 2017 for the punks. Those are just very rare OG NFTs that are here to stay because Gigantic communities formed around them, and there's been…”
Rosenstein: In crypto, community is always more important than underlying technology
“The community is always more important than the technology.”
Rosenstein: BCIs will succeed through wearable headbands, not invasive brain implants
“I think BCI's will take off, but, you know, the way I see it is that in, you know, you wear a headband or something. You know? To interact with your machine.”
Rosenstein: Computer scientist drained via Discord link exposing clipboard history
“One of my investors. That's how long ago, almost a year and a half ago, got hacked and they stole his portion tokens. And this is one of the most savvy computer scientists I know on the planet, man, a guy who would never get hacked. And what happened was he cl…”