Will Every Piece of Media Enter the Internet as an NFT? Variant Fund Says Yes - Ep.317

Published: Feb. 8, 2022, 8:30 a.m.

b"Variant Fund is a venture capital firm that describes itself as \\u201ca first-check crypto fund investing in the ownership economy.\\u201d Jesse Walden and Li Jin, co-founders and general partners at Variant, join Unchained to discuss the ownership economy, issues with web2 and web3, NFTs, the future of work, and more. Highlights:\\n where Li and Jesse met and how their backgrounds as investors + founders led them to the crypto space\\n how Li\\u2019s investing niche, which she describes as the passion economy, ended up intersecting with crypto\\n why Li believes that web3 platforms will be better for creators than the current web2 ecosystem\\n why Jesse was so inspired by Bitcoin after working in the music industry for so many years\\n why Jesse believes that NFTs are the \\u201cport of entry\\u201d for the mainstream adoption of crypto\\n what other use-cases exist for NFTs outside of the JPEG or PNG meme (and why Jesse is so excited about music NFTs)\\n why Li believes that web3 tools can help fix the issues inherent to the \\u201cgig economy\\u201d\\n Li and Jesse respond to criticisms of web3 coming from Jack Dorsey and Moxie Marlinspike\\n how Variant Fund thinks about investing in crypto projects\\n what token allocation Variant Fund targets when investing in crypto projects\\n why mainstream platforms are experiencing backlash for integrating with NFTs and crypto\\n what trends in NFTs, DAOs, and the ownership economy Jesse and Li think will pop in 2022\\n Get Access to Premium Content\\n Sign up for a premium Bulletin subscription!\\n For becoming a premium subscriber, you'll get access\\xa0to:\\n a premium-only Discord group\\n \\n premium-only interviews\\n \\n the opportunity to ask questions\\n \\n the chance to weigh in on guests for Unchained\\n \\n and\\xa0whatever other future offerings we add to the mix\\n \\n The special launch price until February 14 $2.99/mo or $29.99/year. Starting on February 15, the price increases to $4.99/mo or $49.99/year.\\n Join now!\\n Get a Signed Book Plate!\\n Many of you have asked me how you can get a signed copy of the book. Here\\u2019s how:\\n Pre-order the book, which you can do at bit.ly/cryptopians.\\n \\n Make a social media post about the book that includes the pre-order link, bit.ly/cryptoptians or to the book on any bookseller of your choice.\\n \\n Send a copy of your receipt to hello@unchainedpodcast.com with the subject line, \\u201csigned book plate.\\u201d\\n \\n In the email, include a pdf of your receipt + a screenshot of or a link to your social media post + the address to which you\\u2019d like me to send the book plate + the name of who you\\u2019d like me to dedicate the book plate to.\\n \\n If you show a pre-order receipt that shows you bought more than one format of the book, such as an audiobook and a hardcover, you can get two signed book plates.\\n Finally, if you sign up for the Bulletin premium subscription plus do all the above to get a signed book plate, you\\u2019ll also receive a POAP.\\n Thank you to our sponsors!\\n Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n Beefy Finance: https://beefy.finance\\xa0\\xa0\\n Bosonic: https://bosonic.digital/\\n\\n Alchemy Pay:\\xa0 https://alchemypay.org\\n\\n \\xa0\\n Episode links\\n \\xa0\\n Li Jin\\n Twitter: https://twitter.com/ljin18\\xa0\\n Substack: https://li.substack.com/\\n\\n Li Jin on the creator economy The future of the creator economy \\n https://drive.google.com/file/u/1/d/1C3fBfPgWxf-zqezGlPFr7VXIetlHlnaZ/view\\xa0\\n \\n https://twitter.com/ljin18/status/1454096370281943041\\xa0\\n \\n What the creator economy is doing wrong \\nhttps://li.substack.com/p/legitimacy-lost\\xa0\\n \\n How to fix the \\u201cgig\\u201d style economy for creators https://li.substack.com/p/the-creator-economy-is-in-crisis\\n \\n How the creator economy could power universal basic income https://li.substack.com/p/the-case-for-universal-creative-income\\n \\n What labor should look like in Web3 https://li.substack.com/p/a-labor-movement-for-the-platform\\n \\n Building the middle class of the creator economy https://li.substack.com/p/building-the-middle-class-of-the\\n \\n \\n Other Web3 is the \\u201cgolden age\\u201d of content \\n https://every.mirror.xyz/y_WLA-Tk3VF5uPqHi-glDLVVfHxLUbjXakRI7SMISas\\xa0\\n \\n Transitioning to Web3 from a non-tech perspective \\n https://twitter.com/ljin18/status/1479111931977867275\\xa0\\n \\n \\n \\xa0\\n Jesse Walden\\n Twitter: https://twitter.com/jessewldn\\xa0\\n Website (no blogs since 2020): https://jessewalden.com/\\xa0\\n Random Tweets DAOs https://twitter.com/jessewldn/status/1459014962207244290\\n \\n https://twitter.com/jessewldn/status/1470406564582498315\\xa0\\n \\n NFTs \\n https://twitter.com/jessewldn/status/1473641606951669767\\xa0\\n \\n Music NFTs x Sound XYZ https://twitter.com/jessewldn/status/1471148257892044812\\n \\n Commoditizing a compliment \\n https://twitter.com/jessewldn/status/1465713306363117578\\xa0\\n \\n \\n Writing NFTs make the internet ownable https://variant.mirror.xyz/T8kdtZRIgy_srXB5B06L8vBqFHYlEBcv6ae2zR6Y_eo\\n \\n Product vs. Protocol https://variant.fund/writing/balance-product-protocol-web3\\n \\n Leadership in the ownership economy \\n https://variant.fund/writing/leadership-in-the-ownership-economyscaling-decision\\xa0\\n \\n How DeFi crosses the chasm https://variant.fund/writing/how-does-defi-cross-the-chasm\\n \\n Crypto\\u2019s Business Model is Familiar. What Isn\\u2019t is Who Benefits \\n https://variant.fund/writing/cryptos-business-model-is-familiar.-what-isnt-is\\xa0\\n \\n Narrative Economics \\nhttps://variant.fund/writing/narrative-economics\\xa0\\n \\n Progressive decentralization https://variant.fund/writing/progressive-decentralization-a-playbook-for-building\\n \\n Layers of blockchain computing https://variant.fund/writing/layers-not-eras-of-blockchain-computing\\n \\n \\n \\xa0\\n Variant Fund\\n Variant Fund Twitter https://twitter.com/variantfund\\n \\n Variant Fund website https://variant.fund/\\n \\n Writing:\\xa0 \\nhttps://variant.fund/writing\\xa0\\n \\n Mirror Blog (Feb 2021 article on NFTs) \\nhttps://variant.mirror.xyz/\\xa0\\n \\n Variant Fund + Atelier joining forces \\n https://variant.fund/writing/atelier-ventures-and-variant-fund-are-joining-forces\\xa0\\n https://techcrunch.com/2021/10/19/variant-debuts-a-new-110m-fund-for-crypto-startups-announces-li-jin-has-joined-as-a-general-partner/\\n Variant Fund team https://twitter.com/spencernoon/status/1450500555961507844\\n \\n \\n \\nLearn more about your ad choices. Visit megaphone.fm/adchoices"