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Reaction to Twitter NFT Verification #2005

Reaction to Twitter NFT Verification #2005

Released Sunday, 13th February 2022
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Reaction to Twitter NFT Verification #2005

Reaction to Twitter NFT Verification #2005

Reaction to Twitter NFT Verification #2005

Reaction to Twitter NFT Verification #2005

Sunday, 13th February 2022
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Episode Transcript

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0:01

Welcome to Marketing School, the only

0:03

podcast that provides daily top level

0:05

marketing tips and strategies from entrepreneurs

0:08

that practice what they preach and live

0:10

what they teach. Let's start leveling

0:12

up your marketing knowledge with your instructors,

0:15

Neil Patel and Eric Sue.

0:19

All right, guys, before we start, we got a special

0:21

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0:24

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That makes it super super important to optimize

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your site for low time. And

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one easy way to do it is use the host

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that Eric and I use, dream Hosts. So

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just go to dream host or google it,

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find it, check it out, and it's a great way

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to improve your low time. Today

0:51

we are going to try something new. We're going to

0:53

talk about things that we're excited about, trends that we're excited

0:55

about. Let tweet at me at Ericosue

0:57

if you like this format. But today we're going to be

0:59

talking about well our overall feelings

1:01

with Twitter. Adding NFT verification would

1:03

actually just happened yesterday and

1:05

so basically now what happens

1:07

is when you verify your NFT, you

1:10

will have like a hexagon on your Twitter profile

1:12

which shows that you actually own it and you're not just like right

1:15

click saving someone else's and saying that

1:17

you own it. I think it's really cool, right

1:19

because if you think about crypto

1:22

NFTs, there's only two main areas,

1:24

or two main social networks. I know people

1:26

talk about them in more places than that, but there's two main

1:29

social networks that do really well. One

1:31

is discord and then the other one

1:33

is Twitter. So if you're super

1:35

active on Twitter, if you notice

1:37

a lot of people are doing things like laser

1:40

eyes now copying Tom Brady,

1:42

or they're posting their NFT as

1:44

their actual Twitter profile image. But

1:47

a lot of people don't actually even own a lot of these

1:49

NFTs run that involved a lot of them are just faking

1:52

it. So I think this is really cool to know

1:54

who's actually legit when it comes

1:56

to NFTs on Twitter and who's

1:58

not. Yeah, I think the implications are big here.

2:00

Twitter is just starting to do this, and

2:02

basically what you can do is you can connect your wallets.

2:04

I believe it'll sync with

2:06

your meta mask wallet Rainbow and

2:09

it's okay if you don't know what these are, but these are kind of native

2:11

to kind of the NFT world, even your your Ledger

2:13

wallet as well. So Twitter added this, but

2:15

there's even an announcement yesterday. So Instagram

2:18

has been talking about getting into it. Facebook or

2:20

Meta has been talking about getting into this as well.

2:22

I believe that Meta is actually going to create

2:24

a marketplace for this, and they're going to add

2:26

a level of verification too, so this hexagon thing might

2:29

become a real thing. And I think it's it's

2:31

cool too because if I go to Nil's account,

2:33

I'm going to give him one of my gifting one of my NFTs,

2:36

so he's going to be forced to onboard into this world.

2:38

You can actually click on the NFT and you can see

2:40

the provenance, you can see kind of the you

2:42

know what the NFT is about and the history behind

2:45

it, so you can actually verify this right, and then

2:47

it will actually connect with open Sea. So I think we're going to see

2:49

a lot more collaboration here. But at the end of the

2:51

day, what this means is human beings

2:53

are still the same, Like we want scarce assets,

2:55

right, we want and now it's you know, people are talking about

2:58

digital property all the time. What's the example of

3:00

a real life scarce asset could be like a Mona

3:02

Lisa painting, could be like beachfront property.

3:04

But now you have digital scarcity too,

3:07

and more and more people are going to be doing this. I think

3:09

we're also going to be seeing I'm going

3:11

to be like, hey, how can I find all

3:14

the verified accounts? Right? All the verified

3:16

Twitter accounts? With apes? I can do that now,

3:18

right whereas before I couldn't really tell.

3:21

Now hopefully I'm going to have a way to search for these

3:23

people and maybe figure out different ways to collab with these

3:25

people. I think it's just another way of figuring

3:27

out who you want to work with, these influencers

3:29

that you want to work with, So it's another layer of targeting

3:32

from a marketing perspective. Overall,

3:34

I think it's great. It's just the very beginning right now.

3:37

I think we're going to see this more adoption across

3:39

the board. So neil anything else. The last

3:41

thing for me is Web three is

3:43

big. It's here to stay. When you start noticing

3:45

more of these big platforms in companies like

3:47

the Twitters of the world, encouraging

3:50

it, integrating it within their own

3:52

ecosystem, whether it's something as silly

3:54

as verification that you own

3:56

an NFT. It just provides more

3:58

validity to the market and it's

4:01

here to stay. And you know you're going to see

4:03

many, many more people integrate some

4:06

of these Web three components into their

4:08

businesses and eventually you're probably

4:10

gonna have to as well. Yeah, human beings don't change,

4:12

right, Why does everyone want a blue check mark? And now people

4:14

are going to want this textagon right, So anyway,

4:17

that is it for today. Please don't forget

4:19

to rate, review and subscribe to this podcast because

4:21

it helps us grow and we'll catch you later. We

4:24

appreciate you joining us for this session

4:26

of marketing School. Be sure to rate,

4:28

review and subscribe to the show and

4:30

visit marketingschool dot io for

4:33

more resources based on today's topic,

4:35

as well as access to more episodes

4:37

that will help you find true marketing success.

4:40

Text marketingschool dot io until

4:43

next time. Class dismissed

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