Investing in Web3: Culture and Entertainment

“Humans are funny,” says Kala. “We know what we should be doing, but we don’t do it.” We know we’re supposed to exercise. We know we’re supposed to save money. Eat healthy. Drink water.

A simple example: You have an NFT, and that NFT can be used as collateral to get a loan or even fractionalized and sold to multiple buyers in smaller chunks. A more provocative example: Let’s imagine a star gamer who spends 16 hours a day crushing Fortnite. She has maxed out her armor and weapons – and these are incredibly valuable in the game.

Someone will eventually fix this problem. Burke predicts that what will “drive a huge amount of users” is an “extended reach and distribution of NFTs.” Maybe that’s a more creative way of showcasing NFTs. Maybe it’s smoother integration into Web2. The exact how and what is still to be determined, but Burke is now eyeing “startups coming to market that evolve or upgrade how you experience an NFT.”As Kala puts it, we’re still in the “eBay era” of NFT marketplaces. The space is early and crude.

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