This year\u2019s Art Basel was a blast. Miami showed up in style to nft now and Mana Common\u2019s The Gateway: A Web3 Metropolis, a five-day activation of art, performances, and panel talks by some of Web3\u2019s biggest names. On Wednesday, we brought you a rundown of some of the highlights<\/a> from dozens of event talks, showcasing what the ecosystem\u2019s most prominent developers and thought leaders had to say about the future of crypto and NFTs. But to really do justice to the sheer number of fantastic panels from the week, we\u2019re playing the rest of the hits \u2014 a part two, for you.<\/p>\n The Co-founder of the Los Angeles-based esports and entertainment organization spoke about the future of Web3 gaming on Wednesday:<\/p>\n \u201cI see a world where, if you spend 8 hours a day playing a game, there\u2019s a place for you in the Web3 economy to build a place for yourself and a career for yourself.\u201d<\/p>\n During the same panel, Faze Clan CEO Lee Trink likewise offered his thoughts on how blockchain-based gaming can impact the wider NFT ecosystem:<\/p>\n \u201cMy hope through Web3 games is that we have a new renaissance period, one where you have more artists that are able to support themselves [by] making their own art.\u201d<\/p>\n Speaking to the often over-looked category of literary NFTs in the Web3 space, poet Ana Mar\u00eda Caballero took to the stage with fellow literary artist Sasha Stiles to address how Web3 tech can help change the way the world views writers and poets, allowing them to financially sustain themselves through their work in ways previously thought to be impossible:<\/p>\n \u201cEven Nobel Prize-winning poets cannot hope to sustain [themselves] as poets. There is always a secondary career\u2026.what we\u2019re doing here\u00a0[with NFTs] is saying that poetry has value.\u201d<\/p>\n During a panel talk entitled \u201cWhy Community Is More Than a Buzzword in Web3\u201d, Frank DeGods, Alex Zhang, BLOND:ISH, and Lin Dai discussed how NFT project teams create (or fail to create) meaningful values and missions for their communities to rally around.<\/p>\n \u201cOn any random day, is a project doing something that\u2019s worth relevancy? Worth talking about? If not, then naturally people are into 10, 15, 20, 30 different projects. What quickly happens is the ones who are not doing something worth talking about, people get less interested. It\u2019s just the nature of the game. There\u2019s so much oversupply of NFTs.\u201d<\/p>\n \u201cI think great communities, in the beginning, have to start with leaders. Any great community leads by example. It has leaders that step up to the plate whether explicitly chosen or organically risen.\u201d<\/p>\n \u201cA lot of projects quietly went away because they couldn\u2019t deliver on their [community] promises.\u201d<\/p>\n \u201cThe way I\u2019ve found a way to bring people into this space is to give them something that they want. They want concert tickets. They want to be backstage. So, that\u2019s how I get people in the community. Keeping it really simple. You just have to define what is value in your ecosystem and then you can align incentives around that.\u201d<\/p>\n The well-known former professional athlete turned NFT enthusiast and founder of Aku Dreams dropped by The Dupont Building on Friday last week to discuss how brands build their image in the digital age. Here\u2019s what he had to say:<\/p>\n \u201cI fell in love with blockchain technology and how it can innovate across creative mediums. A photograph now has an entirely different meaning than just a photo on a wall. It\u2019s programmable.\u201d<\/p>\n \u201cThe copy\/pasting stuff, we saw a lot of that in 2021. If you did it, you could make money, so innovation became stagnant. For the NFT industry to grow, we need to get back to innovation.\u201d<\/p>\n Filmmaker Julie Pacino joined J.N. Silva, Nelson G. Navarrete, and Isabella Montoya for a discussion on the state of film NFTs. A significant portion of the conversation<\/a> was also devoted to the importance of royalties<\/a> and how they offer valuable opportunities to artists:<\/p>\n \u201cThat\u2019s the thing about this space that I think some people have confusion about \u2014 that it\u2019s just this easy thing and we show up and we\u2019re just millionaires all of a sudden. And it\u2019s not. You still have to show up every day. You have to grind. You have to represent your own artwork and talk about it. These are all things we as [artists and filmmakers] we\u2019ve been doing this our whole lives. But the difference is in [the NFT] space people are listening.\u201d<\/p>\n \u201cI think [the NFT space] clicked for me when I understood the power of being able to trace who was owning your digital asset and it meant being able to connect directly with your collectors, and of course royalties which are extremely important \u2014 and should never go away.\u201d<\/p>\n \u201c[Royalties] are important because they give us the means to keep this thing afloat and to give back to each other and support each other and uplift each other.\u201d<\/p>\n \u201c[Royalties are] exciting from a collector\u2019s point of view because if me (the artist) is selling you some work and then I go hustle my ass off and elevate my value then you\u2019re [also] going to benefit from it.\u201d<\/p>\nFaZe Banks, co-founder of Faze Clan<\/h2>\n
Lee Trink, CEO and co-founder of Faze Clan<\/strong><\/h3>\n
Ana Mar\u00eda Caballero, co-founder of theVERSEverse<\/h2>\n
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Frank DeGods, founder of DeGods<\/h2>\n
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Alex Zhang, mayor of Friends With Benefits<\/h3>\n
Lin Dai, CEO of OneOf<\/h3>\n
BLOND:ISH, DJ and Web3 advocate<\/h3>\n
Micah Johnson, creator of Aku Dream<\/h2>\n
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\nJulie Pacino, filmmaker<\/h2>\n
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\nIvan Soto-Wright, CEO and Co-founder of MoonPay<\/h2>\n
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