How the Crypto Turmoil Affects NFT Collectibles

The video discusses the use of NFC technology in sports, independent of cryptocurrency markets. It explores the impact of market cycles on Web 3 and NFTs, highlighting the importance of building during downturns. The NFT market is analyzed, noting a rise in traders but a decline in prices, with a focus on usage value. A partnership with MLB is detailed, emphasizing global reach and audience growth. Serena Williams joins as a board adviser, contributing to diversity and women's sports initiatives.

What is one of the benefits of building during cryptocurrency market cycles?

• Increased distractions

• Higher cryptocurrency prices

• Immediate financial gains

• More focus and less opportunistic builders

What is a key factor that differentiates the company's NFTs from others in the market?

• Their limited availability

• Their high prices

• Their usage value

• Their collectible value

What is the company's projected sales growth for the current year?

• 1 billion

• 500 million

• 900 million

• 700 million

What was one of the strategic questions asked by MLB before partnering?

• Can you provide the best experience to the fans?

• Can you lower the prices of NFTs?

• Can you guarantee immediate profits?

• Can you limit the global reach?

How is Serena Williams contributing to the company as a board adviser?

• By investing in cryptocurrency

• By connecting with athletes and promoting diversity

• By reducing the company's global reach

• By focusing on men's sports