How Brands Should Use NFTs | Overpriced JPEGs with Avery Akkineni, President, VaynerNFT

Avery Akkineni (@avery_akkineni) is President of VaynerNFT, a VaynerX venture-arm from Gary Vaynerchuk. VaynerNFT partners with some of the world's top brands to build market-leading NFT programs. In this interview, Avery covers everything you need to know about how brands of all sizes should be thinking about NFTs at large. VaynerNFT launched their own NFT project—VeeFriends in early May and since has amassed more than $125 million in sales volume. VaynerNFT has also recently partnered with brand titans such as Pepsi, Coach, Coinbase, and many others to launch their own respective NFT programs. Brands of all sizes are entering the NFT space in troves. However, many are questioning whether there's a right or wrong way to approach NFTs? Should you dip a digital toe in or go all-in? Hint: Avery's perspective is something you won't want to miss. As an ex-Googler & previous Head of VaynerMedia APAC, Avery has played a pivotal role in guiding brands from various industries into the uncharted waters of NFTs. We're so early! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST APPLE: https://podcasts.apple.com/us/podcast/overpriced-jpegs/id1591954323  SPOTIFY: https://open.spotify.com/show/5G2HSDneVg8mZUQ3zUIoLX?si=6d57ee1f89184974  ------ BANKLESS SPONSOR TOOLS: 👀 ZERION | YOUR NFT PORTFOLIO https://bankless.cc/Zerion  💸 ONJUNO | YOUR CRYPTO PAYCHECK https://bankless.cc/OnJuno  🌊 INDEX COOP | METAVERSE INDEX https://bankless.cc/MVI  🦄 BLOCK::BLOCK | METAVERSE IP https://bankless.cc/blockblock  ------ Topics Covered: 0:00 - Intro 4:01 - Avery's background 7:56 - Why NFTs 12:52 - How Avery keeps her finger on the pulse 16:32 - Long-term value creation 22:04 - Securities discussion 28:00 - When will NFTs go mainstream? 31:29 - How brands are using NFTs 44:28 - SMBs and NFTs 50:52 - Potential worries with the rise of web3 ------ Resources: Avery's Twitter https://twitter.com/avery_akkineni  VaynerNFT's website https://vaynernft.co/  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures