News & Article Details

Passion for art + Power of web3 =Randi Zuckerberg. Powerful insights from “Future of Metaverse, Crypto & NFTs” session at inaugural TiEcon 2022 Web3, Crypto, NFT Track.

👉 We have taken the phenomenon of the past two years of people spending so much time online – making human connections & working — & realized that:

🙌🏼 People want to get offline a bit 🙂
🙌🏼 But when they are online, they want a rich immersive experience. They want to showcase their identity, what they stand for, the art they love, & the fashion that represents them. The metaverse takes some of the pain points that we all experienced over last few years & makes that joyful, fun, immersive & educational

👉 If you care how you are representing yourself in the physical world, you care how you are representing yourself in the digital world

👉 NFTs is the coming together of art + technology. Artists & creators can go directly to their community. Underrepresented founders are raising money using NFTs. NFT is a great way to start for crypto-beginners. Three paths: collectibles, 1/1, utility

👉 Embrace TheHug Friendship NFT helps people already onboarded to web3 figure out if they want to be a collector; found their own startup in web3 etc. Includes tools & programs & educational activities in communities that are warm & encouraging. HUG is making web3 inclusive, diverse & friendly 🙏

👉 Advice for those jumping into web3
🙌🏼 It’s so important to have a “why”? If you are getting into it because you have FOMO; if you think you should, or if you feel you want to write the word metaverse in your resume — these are wrong reasons. There will always be someone who will outwork you, outsmart you, outthink you. If you have a why it will weather you through the ups & downs

🙌🏼 Go slow. It is very tempting to rush into things. There is always FOMO. You think you are missing out on a big thing. We are so early. You don’t want to burn out. Your only goal should be to be still standing (tall) in 2025. If you are, you are going to win

🧐 Call to action: If you have a viewpoint of where metaverse, crypto, NFTs should be going, jump in & build it & make it happen