Moonbirds and the Future of Utility NFTs | Kevin Rose
Kevin Rose is pioneering the intersection between the NFT ecosystem and content creation. Kevin founded digg, the news aggregator site that innovated community-curated content in the early days of Web2. With a macro perspective on all things digital, Kevin has thrived as a builder and investor on the cutting edge of the internet.
The recent launch of Moonbirds is shaping up to be the best NFT drop of 2022, with a flood of volume and lofty valuations. In this episode, we dive into why it worked so well, as well as the lessons learned and actionable takeaways. We also score some advice for Bankless as fellow crypto-native content creators!
The premium of Utility NFTs is growing rapidly, and we’re witnessing the growth in real time with innovative projects like Moonbirds that build upon previous successful projects. Aligning communities, creators, tokens, and value is how we onboard 1 billion people into crypto, and pioneers like Kevin are helping us pave the way.
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📣 THE GRAPH | Graph Day in San Francisco | June 2-5
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Topics Covered:
0:00 Intro
7:30 Kevin Rose
11:10 What is Proof?
18:14 Tokens, Creators, Communities
26:15 The Revenue Model
32:35 Diamond Handers & Tokens
39:57 The Moonbirds Launch
46:52 What’s Coming
50:55 Lessons
57:00 How to Launch an NFT
1:03:40 Utility NFTs
1:11:30 Bankless NFT?
1:17:17 On The Horizon
1:19:12 Closing & Disclaimers
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Resources:
Kevin on Twitter:
Proof Podcast:
Moonbirds Launch:
Proof Collective:
Proof Website:
Moonbirds:
Dune Dashboard:
Moonbirds on Opensea:
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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.
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So informative!! One of the best podcasts of the space.
How the hell do ppl get in when 1 costs $92K on the low end? I still dont know what this is and I do crypto contracts and own a wallet.
Dint knew he started Digg. Nice to see the success.
I liked the discussion but one thing that Kevin had said that caught my attention was the ape coin drop about the holders selling and buying . I feel as this moon bird‘s nesting is a way to kind of make people not sell the NFT and it kind of takes the surprise out of things for example someone who nested today vs someone who nested last week. They will know what their nest is going to provide already. So this I feel will cause people to sell since there’s no surprise really unless the rewards change. If you think of it the holders who sold their ape knowing APEcoin was about to drop messed. Like why would they sell it. The nesting might work though. I have one so we will see
Manifold and divergent for smart contracts . Thanks for the tips
Olympus has a similar community
Is this all a joke?
I like a lot of what Kevin says he believes in, i.e. about having a community that is all about creating, building and innovating. However, I would like to know the context of what he means when he mentioned things such as "not about that initial sale"/"not worth the short term ETH", "we could've charged 5ETH but decided to keep it at 2.5ETH". Forgive me for being ignorant but maybe I've been living on the wrong side of town in the metaverse where anything above 0.1 is considered a cash grab.
Is this just a blatant NFT project shill or are you getting paid for this?
They say want to make it as inclusive as possible but in order to be involved in the community, you have to pay low price of $300,000. Great job guys. I'm sure you'll have such an inclusive community, outside of the token individuals that you choose.
Building a stable community with more meaningful connections is very important. Thank you
Kevin Rose very blatantly ripped us off.
My first bankless episode, you've got a new fan!!
I know this is an unpopular opinion, but I was greatly disappointed by this episode.
I'm not a big fan of most NFT projects these days as most of them are just pump and dumps, but I gave this episode a listen because the title said "Future of Utility NFTs". Given the intro, I thought there might be something behind this project that was unique, something that gave this project's NFTs real intrinsic value. It became clear over the podcast this was not the case. Moonbirds appear to be just another collectible NFT with no real utility aside from the thin veneer of chip tricks like $200 hoodies and occasional access to other low-value events, which pale in value compared to what these tokens currently trade for.
These Moonbird NFTs are just another instantiation of over-hyped crypto enthusiasts attempting to build community around a token. The obvious problem is the misalignment of incentives: if the community becomes more popular, the NFT increases in value, which incentivizes people in the community to bail.
Lets do Vitalik a solid and start focusing on much more important crypto projects with real utility behind them, rather than the latest collectible NFT fad.
Kevin's Trust is worth 280M.
SJW detected. Abort!
Get your money out of this while you still can.
thank you for the great content!
btw a few of the links in the description are not working
I hope moon birds fails. It’s disgusting to be that much money
@1:12 🤠Kev straight up consulted Bankless on air! This is great. Web 3 @ its best: informative + encouraging.
SOo many cool use cases. The wine (around 1:04) rocked my mind.
it's a great question
hoot hoot
The reason for Moonbird success is Kevin's voice. That's the secret sauce😏
At the tail end of What's Coming: "phygital" is the very cool design space. HUDs are phygital, AR is phygital and I'm personally into phygital loops (phygital within phygital). Great podcast, thanks!
I have a Kevin Rose NFT from the Zeta beta run! lol
1:06:57 – provenance of actual physical goods isn't solved yet. Imagine putting a QR code on a label. I could just steal the code and put it on a bunch of Charles Shaw wine bottles, and sell them individually. The same issue would be problematic for the POS idea for getting into events. There's no reason I couldn't create software which asks my friend (who has the vip nft) to sign on my behalf and forward the request to the POS device.
I think these ideas are great, but the false attribution issue is an unsolved problem that prevents all of this from working.
It's an interesting discussion but I'd love if you guys have some people on to showcase collections that regular people can participate in not just the super wealthy. There's tons of artists and communities selling NFTs for like .1 Eth and below and that would be a lot more relevant to the vast majority of people. Thanks 🙂
Wokeness awful. Racial stereotype owls. They’re owls!!
Yooooo!
Revest finance is a great novel use case for NFTs
The mint was largely sold to flippers. I have a suspicion that Premint took number followers into account and left a lot of us long holders out 🤷🏻♂️
Looking forward to this talk!
Hoot Hoot
Hang on that's your project? Are you behind the huge twitter spam campaign trying to get me to buy moonbirds?