NM Special Report | Trevor McFedries on Market Imaginaries (2025)

With tariff talk dominating all channels, we speak with Trevor McFedries about the current psychic space of markets.Trevor is neither an economics nor a policy expert but, as a co-creator of Lil Miquela (the first virtual influencer) and Friends With Benefits (the first block-chain based culture DAO), he does fundamentally understand the business landscape of the past decade— which is to say one heavily influenced by internet culture, crypto, consumer accessible trading apps and venture capital. He's also long been involved in music including SoFTT, his project with Kablito, that has a new EP out on PAN.We ask Trevor whether he thinks the speculation-driven mode of the past decade is only going to accelerate? Or, if Trump’s policies mark the beginning of something different and, if so, how he imagines markets and culture changing in turn.See also: NM18 | Trevor McFedries (Sept 2019)