Matt Medved

Look, we're never going to see a 2021 repeat itself again.

But...

You have to look at the adoption arc of technology.

It took more than a decade for Bitcoin to go from its birth to being accepted by the traditional institutions, the financial system.

The NFT space is still very new and nascent, right?

And so I think as we zoom out, we're going to continue to see it bend towards progress, that arc.

And the thing is, in an increasingly digital world, you cannot tell me that unique digital assets are not going to be more important and more valuable in the future, right?

We've seen this even outside of the blockchain context when it comes to Roblox, when it comes to Fortnite, to Counter-Strike.

You know, there was all this stuff with the skins recently.

You know, that's not going out, like, that's not going anywhere, right?

And so, but where I think it's going to get really interesting, I mean, one of the reasons that we rebranded from NFT Now to Now Media was we recognized that the culture, the digital culture movement is bigger than any one medium, right?

I come from the music side.

So NFT's arc reminds me a lot of MP3s.

When MP3 players first came out and it was new technology, everybody was talking about MP3s.

And, you know, then it kind of moved from the conversation from what they are to what they do.

Right.

You know, the Apple iPod, you know, had the 1000 songs in your pocket moment, which I put that tech on the map for like your average consumer.

By now, people don't talk about MP3s anymore, but they still use them every day.

They're still streaming them, all those things.

And that, I think, is a success because that's how you know technology has really hit mainstream is when you're not talking about the tech itself, but about what it creates, right?