Jordi Alexander - NFT market crystal ball gazing

FIR with Jordi Alexander On today’s episode of ‘ Floor Is Rising’, hosts Sabre Tooth (Professional NFT Collector) and Kizu (A Professional Art Critic) talk with guest Jordi Alexander, Game Theorist and 1st Principles Thinker, CIO of Selini Capital & Advisor to many NFT Projects, All-around games expert, and former poker player who has a lot of opinions on things to Crypto. He shares his opinions on a variety of subjects related to NFT's. Episode Highlights 01:45 – Jordi shares how he got into Crypto and his first introduction to NFTs. 03:35 - There's a lot more psychology involved behind thesis in NFTs, says Jordi. 05:35 – Sabre and Jordi discuss the BAYC flipping of the Punks pfps. 07:25 – Jordi talks about the two things that he finds interesting in his current role. 09:38 – Jordi thinks a lot about the fragmentation of liquidity and what does that end game look like? 12:28 – Kizu asks if the community is driving the price or if the price is driving the community. 14:07 – The best practice that most people think of in the NFT space is post hoc rationalization. This is valuable because it increased the price thus, it is now valuable. 16:00 - The price has been a reflection of what has gone right and what has gone wrong, states Jordi 17:35 – Jordi explains the concept of risk-adjusted investing. 19:54 – Jordi discusses NFT from a legal and security perspective. 22:17 - There are arguments to be made that they are securities and this creates a lot of legal battles that are going to have to be fought, highlights Jordi 24:00 – The NFT being part of the community, it is good if you reward people in that NFT community. If they're being active in the community, you want to give them something that's the very basic thing. 26:11 – When you add financial incentives to a particular game design or game mechanic that didn't have that before, it turns into completely something else. 29:33 – Jordi expresses his view on how he feels about attempting to dethrone the open sea situation that probably will play out in the next few years. 32:43 - We will have wallets specially designed for NFTs where we’ll have our wallet address and for all the other EVM chains and everything else that exists, states Jordi. 34:35 - It's a little bit of a circular thing where people are paying fees to themselves to get a slightly higher percentage of rewards, mentions Jordi. 36:22 – Jordi is very curious to see how digital artists start to create modes for themselves where their art cannot be as easily replicated and that is quite sustainable. 38:00 – Jordi shares about building community when it is one on one. 40:00 - The benefit of NFT is that everybody can look at it. It's not like it's locked up somewhere. Everybody's looking at the creation and there is the status aspect as well. 42:00 – Jordi suggests people look at NFT as real estate and when he wants to invest in real estate, he is looking for things that are not easy to replicate. 45:15 – Jordi talks about his favorite NFT project of artists. Three Key Points There are always going to be people who are looking at the market and saying which one is the most expensive, that's going to show people the most status and they just want to buy that one and don't care if it's pixelated or if it's an ape, there is a clear catalyst that just drives price forward, and that is price. Jordi explains that the gaming side is a whole different element where NFTs just fit in very nicely in terms of the ownership of items. We don't necessarily need to create a whole new structure there. It's just exactly what it used to be where we would have some rare item in the game and now, we're just making that NFT so that it's much easier for people to move

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Jordi Alexander - NFT market crystal ball gazing is an episode from Floor is Rising by Floor is Rising Podcast.

This episode is 47:45 long.

This episode was published on Apr 25, 2022.

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