Matt Fortnow is a true veteran in the tech startup space:
Matt cofounded Commissioner.com in 1996, the Internet’s first fantasy sports service. He grew the company, which created fantasy sports games for the NFL, Major League Baseball, and others, and sold it a few years later with his partners to CBS SportsLine.
Ever since the sale of the company, Matt has been consulting entrepreneurs and has been involved in various startups as an investor or advisor.
Previously as an entertainment lawyer, he represented a variety of musical artists, songwriters, producers, and record companies and co‐authored the 7th Edition of This Business of Music, the bible of the music industry.
He is a lecturer and an author and, in this episode, we will be talking about his new book entitled The NFT Handbook – How to create, sell and buy non-fungible tokens – which he wrote together with QuHarrison Terry, and all things NFT.
I hope you enjoy this conversation with Matt Fortnow!
Listen to the conversation on Apple Podcasts, Spotify and anywhere else where good podcasts can be found or just click play below:
Connect with Matt:
What we talked about and when
|01:30||Why the NFT Handbook is an excellent reference for anyone interested in non-fungible tokens|
|03:00||A quick explanation of NFTs, Blockchain and Cryptocurrencies|
|05:00||The connection of NFTs to the online and offline world you need to understand|
|06:00||A common misconception about NFTs, why they are not perfect, but why that also is an advantage of the concept|
|07:00||The role of copyright and contract issues and why this matters to the people minting NFTs and those buying it|
|08:00||The incredible number of forgeries in the art world and how NFTs solve the problem|
|10:00||When a Jackson Pollock painting doesn’t sing like a Pollock and the fallibility of experts|
|11:00||The royalty element of NFTs explained and how it can be applied to all sorts of content|
|12:30||What to bear in mind when trying to collect royalties with your work and the trends towards specific NFT marketplaces|
|13:45||The role of Ethereum and other cryptocurrencies for the NFT sector and what the future will bring|
|16:30||The securities discussion relating to cryptocurrencies, how it impacts non-fungible tokens and what to look out for|
|18:30||What regulators like the SECs focus on with regard to NFTs and what creators need to think of|
|21:00||How to invest in royalties through non-fungible tokens and the future of the music industry|
|22:30||The NFTs Matt would buy if money didn’t matter|
Some of the people that got mentioned and other interesting stuff from the Episode:
- Matt’s co-author and marketing expert QuHarrison Terry
- The NFT Handbook
- This Business of Music
- Matt’s consultancy Blockchain Guys
- The Three Stooges NFTs
- The Bored Ape Yacht Club
- Ethereum, WAX and Tezos
- CryptoPunks by Larva Labs
- Mike Winkelmann aka Beeple, the Picasso of NFTs
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