Introducing my panelists for today - debating - “𝑵𝑭𝑻𝒔 – 𝑪𝒓𝒆𝒂𝒕𝒊𝒏𝒈 𝒆𝒄𝒐𝒏𝒐𝒎𝒊𝒄 𝒐𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 & 𝒖𝒕𝒊𝒍𝒊𝒕𝒚 𝒇𝒐𝒓 𝒕𝒉𝒆 𝒄𝒓𝒆𝒂𝒕𝒐𝒓 𝒆𝒄𝒐𝒏𝒐𝒎𝒚 𝒐𝒓 𝒂 𝒏𝒐𝒏-𝒔𝒕𝒂𝒓𝒕𝒆𝒓 𝒇𝒐𝒓 𝒇𝒐𝒓𝒘𝒂𝒓𝒅-𝒍𝒐𝒐𝒌𝒊𝒏𝒈 𝒃𝒓𝒂𝒏𝒅𝒔 & 𝒄𝒓𝒆𝒂𝒕𝒐𝒓𝒔” at BW Web 3.0 Summit & Awards 2023.
An incredible opportunity for brands to get an answer to the question of the hour - NFTs 👍 or 👎?
Let me simplify the topic further, the panel today has 2 stances:
🔷 𝐍𝐅𝐓𝐬 – 𝐂𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 & 𝐮𝐭𝐢𝐥𝐢𝐭𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐜𝐫𝐞𝐚𝐭𝐨𝐫 𝐞𝐜𝐨𝐧𝐨𝐦𝐲
NFTs have provided new opportunities for creators, artists & brands to monetize their work directly. Tokenizing their creations as NFTs, enables them to retain ownership, bypass traditional intermediaries like galleries, agents, or streaming platforms, and connect directly with their audience, potentially increasing their revenue and overall control over their work. This is the decentralised economy enabled by Web3.0
Vs.
🔷 𝐀 𝐧𝐨𝐧-𝐬𝐭𝐚𝐫𝐭𝐞𝐫 𝐟𝐨𝐫 𝐟𝐨𝐫𝐰𝐚𝐫𝐝-𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐛𝐫𝐚𝐧𝐝𝐬 & 𝐜𝐫𝐞𝐚𝐭𝐨𝐫𝐬
On the other hand, some brands and creators may view NFTs as a non-starter or approach them with caution. Several concerns and criticisms have been raised regarding NFTs, including environmental impact due to the energy consumption of blockchain networks, high transaction fees, potential for copyright infringement, and market volatility.
Introducing my panel for the session:
For the Motion:
▶ Sristhi Assudani, Region Lead, IEEE Blockchain APAC Technical Community
▶ Rohit Agarwal, Founder and CEO, Alpha Zegus
▶ Vatsal Gaur, Partner, King Stubb & Kasiva, Advocates & Attorneys
Against the Motion:
▶ Aman Sanduja, Founder, Black Rabbit Studios
▶ Anirudh Rastogi, Founder & Managing Partner, Ikigai Law
▶ Chirag Mehta, Business Development (Asia & MEA) & Lead Consultant – Tokenomics DAO, BrightNode
▶ Sagar Pratap Joisar, Founder, Xenon Labs
Don't miss this insightful discussion on the future of digital assets and their impact on the creative landscape.
Streaming the session LIVE today at 4:10pm!
Till then, tell me in the comments which side are you on?
Kudos to team BW Businessworld World for hosting the summit Annurag Batra, Tanvie Ahuja, Uday Laroia, Mahek Surti, Baani Chauhan