What Are On-Chain NFTs? with J1mmy.eth | Overpriced JPEGs #19

In this episode, Carly chats with Jimmy McNelis, better known as j1mmy.eth. J1mmy is the Founder & CEO of nft42, a serious NFT OG, and an outspoken advocate of on-chain art. If you don't know exactly what "on-chain art" means, why it's important, or how it's done, then you absolutely need to tune into this episode. The two also talk CyberBrokers - one of the hottest new projects and one that is carrying the on-chain art torch. AND finally, j1mmy helps break down the recent Yuga Labs acquisition of Meebits and Punks. As a holder of 60 Bored Apes, 86 Mutant Apes, 86 Meebits, & 5 CryptoPunks, J1mmy is well-positioned to give his thoughts :) ------ 🚀 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: 👀 POLYGON | NFTs ON LAYER 2 https://bankless.cc/Polygon  💸 UNSTOPPABLE | YOUR CRYPTO DOMAIN https://bankless.cc/Unstoppable  🌊 INDEX COOP | METAVERSE INDEX https://bankless.cc/MVI  🔷 AXIE | PLAY, EARN, TRADE https://bankless.cc/AxieInfinity  ------ Timestamps: 0:00 Intro 4:11 Who is J1mmy? 9:10 What Clicked for J1mmy? 11:40 Avastars 20:23 Why On-Chain Art? 31:24 On-Chain Royalties 36:34 Why On-Chain Isn't Popular? 45:20 CyberBrokers 51:16 Yuga Labs Acquires CryptoPunks x Meebits 1:01:45 The Rights Debate 1:07:40 CC0 1:13:35 Final Thoughts ------ Resources: J1mmy's Twitter: https://twitter.com/j1mmyeth  Avastars: https://twitter.com/AvaStarsNFT  Nameless: https://twitter.com/nameless_nft  CyberBrokers: https://twitter.com/CyberBrokers_  ----- 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