Opinion#other
Read time: 06'33''
13 April 2021
Joe Procopio Leaf Fronds black and white
Unsplash © the blowup

What NFTs and Digital Assets mean for startups and entrepreneurs

Meme stocks are yesterday’s news. The hype machine on Non-Fungible Tokens (NFTs) is at full tilt. So is there something of value here for an opportunistic entrepreneur?

NFTs aren’t new, but they aren’t Bitcoin either

Wait. What? Why?

This is where valuations can get sketchy

The markets for virtual assets are individually controlled by the smart contract that created the NFT.

Here’s where I think there is some entrepreneurial opportunity

This article was originally published on Medium by Joe Procopio

Joe Procopio is a multi-exit, multi-failure entrepreneur. In 2015, he sold Automated Insights to Vista Equity Partners. In 2013, he sold ExitEvent to Capitol Broadcasting. Before that, he built Intrepid Media, the first social network for writers. You can read more and sign up for his newsletter at www.joeprocopio.com