Magdalena Kala: "I'm a Consumer Needs and Wants Investor" (From DTC to Web3)

“Every Company Will Be a Crypto Company”Mags is someone who is thinking about the future of the startup ecosystem. She’s passionate about why and how people spend their time, money, and attention“The reality is people will always have needs, they will always buy things and services to fulfill those needs. New brands will still be launching.” -MagsThe journey of NFTs is still early. In many ways they’re very similar to DTC brands as its become easy to launch, and the early movers have made a lot of moneyIn return, we’ve gotten flooded with too many options that are not differentiated“My gut feel right now is that Web3 is about technical capabilities and about user needs. But it's also about culture and ethos and the mentality around what that actually means and then why the centralization matters.” -Mags“Initially, every company is a tech company and then every company is a fintech company, and at some point every company will be a crypto company.” -MagsNFTs are loyalty. They’re a way to assign value to what it means to be associated to a brand“The benefit of a DAO is just the speed of organization.”- BrianLive Streaming is just a part of content, and content is important and will continue to be in the future. It’s a matter of storytellingAssociated Links:Learn more about Magdalena KalaSubscribe to InsidersListen to our other episodes of Future CommerceListen to our newest podcast, Infinite ShelfHave any questions or comments about the show? Let us know on Futurecommerce.com, or reach out to us on Twitter, Facebook, Instagram, or LinkedIn. We love hearing from our listeners! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.