Tom Bilyeu on Impact Theory, Borderless Entertainment, Project Kyzen, and Much More! | Overpriced JPEGs #57

✨ SUBSCRIBE TO THE OVERPRICED JPEGS CHANNEL ✨ https://bankless.cc/jpegs  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://jpegs.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/overpricedjpegs  ------ BANKLESS SPONSOR TOOLS: 🔐 LEDGER | NFT MARKETS https://bankless.cc/LedgerOP3N  😎 BUENO | CREATE NFTS WITHOUT CODE https://bankless.cc/Bueno  🔑 COINSHIFT | TREASURY MANAGEMENT https://bankless.cc/Coinshift  🌐 SINTRA | NFT SOCIAL NETWORK https://bankless.cc/Sintra  ------ Timestamps: 0:00 Intro 3:53 A Recap on Tom and Impact Theory (But Watch/Listen to His Previous Episode!) 8:29 Impact Theory's Mission 9:43 Tom's Decision to Self Fund Instead of Taking VC Money 12:45 When and Why to Raise Money 16:06 Web3's New Language of Ownership 22:13 The Future of Smart Contracts in the Music Industry 24:05 Does Anyone Really Know What Web3 Is? 26:30 What a Family First Approach (to Web3) Looks Like 28:25 Making the Virtual World Tangible with Borderless Entertainment 33:35 Tom's Web3 Scenario for Newbies 36:55 The "1000 Songs In Your Pocket" Moment 39:09 What Is Project Kyzen? 41:47 Making Ready Player One (The Book) a Reality 45:00 Giving Fans a Chance to "Stand in Line" 46:55 Joe Rogan and Steve Jobs Have a Podcast?! 48:00 Incorporating AI Into the Metaverse 49:16 The Double-Edged Sword of Web3 50:34 Possibilities for Gamifying a Healthy Life 54:34 The Decision Against Land Sales 57:38 What Is The Spatial Web? 1:02:24 The Future of In-Person (Digital) Events 1:04:32 Tom's Advice for Partnering Versus Proprietary 1:07:51 Having Fun in the Early Days of Web3 1:09:44 The Decision to Build on IMX 1:11:35 $100,000 Song Contest on Merry Modz 1:13:18 Outro ------ Resources: First Episode with Tom (Spotify) https://open.spotify.com/episode/7LfNteRpfJ93SMDHIJerzx?si=34b177a3d9484f8e  First Episode with Tom (Apple Music) https://podcasts.apple.com/us/podcast/what-tom-bilyeu-is-really-building-overpriced-jpegs-20/id1591954323?i=1000554967948  Tom's Twitter: https://twitter.com/TomBilyeu  Impact Theory Site: http://impacttheory.com/  Project Kyzen Site: https://projectkyzen.io/  $100,000 Song Contest: https://merrymodz.io/contest  Joe Rogan Interviews Steve Jobs https://open.spotify.com/episode/28IaUZqRpjeoHHepqgG12U?si=b632bb59b767466e  ------ 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