Feb. 24, 2021

#155 - NFTs Explained: How Digital Art Is Being Sold For Millions and What the Opportunities Are

#155 - NFTs Explained: How Digital Art Is Being Sold For Millions and What the Opportunities Are

Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss:


Negotiation as a Service (NaaS)
- The guys talk about (and maybe invent) a new category of business: negotiations as a service. The idea here is that there are certain big ticket items where ...


Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) discuss:


Negotiation as a Service (NaaS)

  • The guys talk about (and maybe invent) a new category of business: negotiations as a service. The idea here is that there are certain big ticket items where a professional can negotiate a better price for the end consumer. 
  • Incentives matter, however. For a Realtor, getting a client a better deal isn’t always in their best interest. A better model: the negotiator gets a designated percentage if they are able to negotiate below a set price.
  • Idea: Applying a better incentive model to real estate or home financing. Paying a skilled negotiator a fee for reducing your interest rate can result in thousands being saved annually.
  • Idea: Salary negotiations for both employee and employer. 


NFTs 


CoinMarketCap

  • CoinMarketCap is a displayed of crypto prices. It's a simple idea that has been working.
  • When they delisted South Korean cryptos without warning on Jan. 7th, the move wiped out $100 billion of total crypto asset market value.
  • They were acquired for a rumored $400 million. The company only had 36 employees.


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Editing thanks to Jonathan Gallegos (@jjonthan)

 

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