Will NFTs Recapture Mindshare from Memecoins? | Geebz, TylerD, and DeeZe

Empire

In this episode, Jason is joined by geebz, TylerD, and DeeZe to discuss the current state of NFTs and memecoins. They dive into how meme coins have taken attention away from NFTs recently, similar to the 2021 NFT bull cycle. The guests share their thoughts on the future of the NFT market, including the potential for gaming NFTs, ordinals on Bitcoin, and the experimentation happening with NFT utility. They also discuss the intense competition among NFT marketplaces like Magic Eden, Blur, and OpenSea. Finally, Jason shares learnings from launching the Permies NFT collection for Blockworks' Permissionless conference. Stay tuned for all of this and much more!

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Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.

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https://wormhole.com/empire10-7469

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Monad is a fully EVM compatible Layer 1 blockchain that can support 10,000 real transactions per second. Monad aims to open up the design space for the EVM to support high fidelity defi, consumer facing applications, and more generally allow crypto to scale to the masses.

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Shardeum is an EVM-based autoscaling blockchain

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Timestamps

(00:00) Intro

(02:15) NFTs vs Memecoins

(13:27) Are Memecoins Cycle Top Froth?

(19:24) Roundtripping Gains

(22:37) Future of NFTs

(31:00) Crypto Native NFTs vs Outsiders

(34:56) NFT Allocation in 2024

(48:32) Wormhole Ad

(49:59) Monad Ad

(50:57) Shardeum Ad

(51:53) Supra Ad

(52:50) The Memecoin Supercycle

(56:13) NFT Marketplace Structure

(01:06:32) Web2 NFT Adoption

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.