NFT 2.0: The next generation of NFTs will be streamlined and trustworthy
Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head around why NFTs exist, demand has soared, institutions have been built, and the lingo has entered our collective consciousness.
There is an elephant in the room, though: NFTs are difficult to use and a majority of them are digital snake oil. But these problems create the opportunity to provide answers. The accessibility and legitimacy of NFTs are both ripe for change. As funding pours into the space, the market is starting to mature, and that change is gaining momentum. We’re entering a new era of NFTs — NFT 2.0 — where the technology will be more easily accessible by the mainstream, and the underlying value proposition of the NFTs will be more transparent and reliable.
Mark Peter Davis is a venture capitalist, serial entrepreneur, author and community organizer. He is the managing partner of Interplay, a top-performing venture capital firm based in New York City. He’s also an active podcaster, the author of The Fundraising Rules and the founder of both the Columbia Venture Community and the Duke Venture Community.
Sterling Campbell is the CEO of Minotaur, Web3 company servicing top-tier creators and brands as they develop NFT projects, decentralized autonomous organiations and tokens. He has spent the majority of his career focusing on consumer-focused tech for Blockchain Capital, Lerer Hippeau, Grishin Robotics and William Morris Endeavor, where he also developed talent. Sterling earned his bachelor of science in music industry and business administration from the University of Southern California and his master of business administration from Columbia Business School.
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