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Speaker 1: You just realized your business needed to hire someone yesterday.

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Speaker 1: How can you find amazing candidates fast easy? Just use Indeed.

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Speaker 1: five percent more applications than non sponsored jobs. Don't wait

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Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is

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Speaker 1: all you need.

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Speaker 3: Earners what's going on?

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Speaker 4: You are now locked in the cliff Notes, the number

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Speaker 4: one place for investment strategies, tips and advice. I want

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Speaker 4: you to talk about NFTs in virtual reality world because

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Speaker 4: we had spoken about digital fashion shows and all these

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Speaker 4: type of things that could digital museums and paintings. Talk

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Speaker 4: about that a little bit.

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Speaker 3: So all right, this hold on.

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Speaker 2: My sister just text me. She said, he's answering all

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Speaker 2: my because you've been asking me about NFTs all week,

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Speaker 2: that he's answering all my questions with the mind.

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Speaker 5: Going that's that's my goal. I'm trying to get all

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Speaker 5: the question marks check and part of the languages of

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Speaker 5: this is understanding that n F t is a utility

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Speaker 5: of the blockchain. Like really, that's what NFTs is. It's

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Speaker 5: a clever way to use the blockchain. Right, So it

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Speaker 5: opens up a whole new world. But you also have

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Speaker 5: to understand augmented reality. You have to understand virtual reality,

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Speaker 5: and you most definitely have to understand spatial reality.

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Speaker 3: Right.

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Speaker 5: Once you start to understand this, then it changes the game.

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Speaker 5: Now I had the unique experience to be part of

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Speaker 5: the one percent in the world who experienced spatial reality

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Speaker 5: thanks to my brother Idris. Right now, being able to

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Speaker 5: experience this, I now can understand how immersive it is.

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Speaker 5: What is that?

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Speaker 2: What spatial reality?

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Speaker 5: So spatial reality, and that's what I'm about to go

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Speaker 5: into with the AR and the VR. Right, So let's say,

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Speaker 5: first let's start with VR. If it's VR, I put

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Speaker 5: on these glasses and I'm immersed in this world. So

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Speaker 5: I can't walk with VR glasses on. You understand me.

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Speaker 5: If I'm playing like a running game because I'm an

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Speaker 5: run into something, I don't know where I'm going. Right,

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Speaker 5: If it's AR, the same way, It's like we had

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Speaker 5: Pokemon Go and people was able to put their phone

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Speaker 5: and now they can see a little charge start jumping

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Speaker 5: up like, oh, it puts digital items layered on top

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Speaker 5: of the real world.

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Speaker 3: You understand me that it can move around.

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Speaker 5: So the spatial reality essentially, And this is what I

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Speaker 5: had the opportunity of trying, was the hollowlands of Microsoft.

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Speaker 3: Microsoft. That's how I know Microsoft is ready one player.

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Speaker 5: They gonna take it over the literally, like listen, understand,

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Speaker 5: Microsoft is a serious player in the game.

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Speaker 3: And I've seen them going down. I said, oh, they

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Speaker 3: just big discount right now. Yeah.

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Speaker 5: And then and this is where you gotta really really

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Speaker 5: understand the space. So spatial reality, and this is what's

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Speaker 5: gonna blow a lot of people's mind when they actually

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Speaker 5: try it, because it's gonna make regular reality boring. It

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Speaker 5: is very addictive. You're not going to want to come

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Speaker 5: back to.

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Speaker 6: Easily.

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Speaker 5: Yeah, So think of it like this. I put on

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Speaker 5: these glasses and they look just like this. So imagine

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Speaker 5: my glasses look just like this.

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Speaker 3: Right. But now it.

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Speaker 5: Gives me the opportunity to see these digital assets in

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Speaker 5: real time.

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Speaker 3: Right.

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Speaker 5: So let's say instead of having a phone, I now

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Speaker 5: have a digital phone that I can see with my

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Speaker 5: glasses and it moves from my moves. I can pick

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Speaker 5: it up just the same way. Right, So it's three

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Speaker 5: D the same way. If you look at Minority Report,

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Speaker 5: they had versions of it as well, where you can

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Speaker 5: touch and you can move it.

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Speaker 3: That's what we are in the present. We call it

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Speaker 3: the future. It's the present. Right. So now I don't

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Speaker 3: need a.

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Speaker 5: Phone anymore because I can take my phone and it'll

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Speaker 5: come up just like my real phone with all of

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Speaker 5: the apps, and I can FaceTime somebody. Right, but it

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Speaker 5: no longer takes up space, right, it's spacefield, but it

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Speaker 5: doesn't take up any physical space. So now I can

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Speaker 5: have all of these things on me, but they're not physical,

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Speaker 5: they're not carving. So now that replaces the phone, and

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Speaker 5: I don't need that anymore, right, But also think about

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Speaker 5: this the ideas that can come along with it, digital architecture.

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Speaker 5: I can look outside my window and an architect can

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Speaker 5: build layers on top of the city that only I see.

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Speaker 5: You understand me, Like you can now buy digital assets.

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Speaker 5: Let's say you got a digital pen that's sitting on

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Speaker 5: your shirt that you bought from some.

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Speaker 3: Luxury company that you really love.

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Speaker 5: And when the person is put on the glast like

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Speaker 5: man he paid one hundred dollars for that pen the

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Speaker 5: same way it is in gaming.

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Speaker 3: All gamers don't have the same exact assets in the.

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Speaker 5: Game, right, some people pay a lot of money for

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Speaker 5: it in the armor, right, So that goes into things

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Speaker 5: like the Central Land. The Central Land is a virtual

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Speaker 5: space that is owned by its users. You understand me

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Speaker 5: in this space, like people can live in it kind

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Speaker 5: of like it sims so you are in this space

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Speaker 5: for having avatar, right, and imagine like I want my

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Speaker 5: avatar to dress like me though, but let's say a person.

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Speaker 3: Want to crown, like a real crown on the avatar.

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Speaker 5: They got to buy it from our digital store so

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Speaker 5: that they avatar can now wear it.

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Speaker 3: Right, So it's like not.

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Speaker 5: Only you can actually wear these digital clothes that kind

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Speaker 5: of go along with who you are.

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Speaker 3: You understand me, and it can be the same or

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Speaker 3: word you walking around with a whole story.

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Speaker 1: Just go to Indeed dot com slash po d katz

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Speaker 1: Hiring indeed is all you need.

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Speaker 5: Like when a person put on those put on those glasses,

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Speaker 5: you got your book floating next to you, right, and

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Speaker 5: a person get the tab it and they be like, yeah,

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Speaker 5: you want to buy that, and then it takes the

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Speaker 5: money out they wallet and it is yours.

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Speaker 3: Right.

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Speaker 5: It goes into so many use cases because you can

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Speaker 5: walk into a blank museum you put the glasses on it.

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Speaker 5: Now you can see all digital art around you, right,

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Speaker 5: so you see all of the stores clearing out now.

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Speaker 5: It gives an ability for this space to actually be useful.

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Speaker 5: So when you start thinking about that, and I had

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Speaker 5: an idea. I did a whole uh masterclass on this,

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Speaker 5: and I'll share one of the ideas because yeah, y'all

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Speaker 5: get this free guy.

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Speaker 3: So this is like you see NBA top shot right.

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Speaker 5: Top shot is essentially trading virtual digital cards and you

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Speaker 5: get these moments that you get to play like a

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Speaker 5: real but you get the owner, right. And of course

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Speaker 5: all of those won't be valuable in the future because

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Speaker 5: everybody don't care about all of the NBA.

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Speaker 3: Players in the future.

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Speaker 5: Only certain things are actually valuable when you revisit it

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Speaker 5: over time. Lebron stuff, you know, I mean Kobe stuff,

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Speaker 5: like all of those top players.

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Speaker 3: People really care. It has an emotional connection.

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Speaker 5: But imagine this, And the issue is that the players

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Speaker 5: don't actually they not get paid off this right. They

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Speaker 5: don't have digital ownership or their digital sales. They contracts.

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Speaker 5: Everybody contracts is different. But imagine if and y'all can

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Speaker 5: tell me this might be a good idea at night

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Speaker 5: the NBA player jock ahead, But imagine if Lebron is

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Speaker 5: in his backyard, Kyrie, in his backyard of KD and

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Speaker 5: instead of doing top shot, they sell you know, the

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Speaker 5: blacktop you understand me to where they end up back

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Speaker 5: and they plan a one on one game, and instead

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Speaker 5: of selling moments from the NBA, they selling moments from

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Speaker 5: their backyard. Wouldn't that be more valuable? And they saying

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Speaker 5: that we're only going to sell ten moments of this, right,

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Speaker 5: how much would that actually sell for? So I want

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Speaker 5: to get people to start thinking in like different creative

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Speaker 5: ways to where you can start owning yourself and ownership

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Speaker 5: changes in the digital space the same way it's different

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Speaker 5: as it is in a physical space. Different laws apply,

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Speaker 5: different copyright and trademark and different ways that you can

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Speaker 5: actually get around it. So like this and that's just

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Speaker 5: that's a hundred million dollar idea I just threw out.

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Speaker 3: You know, don't understand me.

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Speaker 2: Is what you're referring to is the Microsoft project? Is

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Speaker 2: that similar to Oculus?

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Speaker 3: Yes, it's better, but it's better, much better.

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Speaker 6: Oculus, social media, social media, stone age. What we're talking

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Speaker 6: about is twenty eighty.

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Speaker 2: Well, yeah, that's what I'm saying people. It might, it might.

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Speaker 2: This is this is first of all. First of all,

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Speaker 2: this is a high level conversation. It's like when Kanye

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Speaker 2: said the herms wrap, what do you say? It is true?

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Speaker 6: Good, But that's how I'm always like studied the top

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Speaker 6: because the ones with the most capital, and then behind

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Speaker 6: the scenes with the gouvern. I don't want to go

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Speaker 6: too deep into esoteric, but they're funding a lot of

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Speaker 6: the stuff that is coming out. Go look at Black Mirror.

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Speaker 6: For those who interested in the NFT, go study the

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Speaker 6: entire history of Southey's and how they move art. The

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Speaker 6: same metrics and laws are going to be applied here and.

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Speaker 2: Then saying it's like it's my baddy, but it's like

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Speaker 2: you got to pay attention to what's going on because

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Speaker 2: the future is right now. And this is like even

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Speaker 2: when Gary V, like when he comes on the platform

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Speaker 2: and he's like, this is the only thing I'm focused

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Speaker 2: on in virtual reality.

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Speaker 6: And Cuban said he's studying seven hours. There's a reason

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Speaker 6: for it. There's a new landscape. This is like digital Wakanda.

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Speaker 2: The problem. The problem is that the majority of people,

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Speaker 2: it's like it's like you know the pyramid, right, like

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Speaker 2: people at the top have the information and then it

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Speaker 2: gets fuddled down and it gets trickled down. But most

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Speaker 2: people they're not really thinking about the future until it happens.

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Speaker 2: Most people are just reactionary, like they are in it

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Speaker 2: and they're living in it. But the conversation now is

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Speaker 2: what's going to happen and what is happening. So even

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Speaker 2: if you don't fully understand it, it's important to be

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Speaker 2: aware of it because you're gonna be moved in that

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Speaker 2: direction whether you want to or not or not. It's

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Speaker 2: like it's worse.

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Speaker 6: They're going to create more virtual landscapes for us to Like,

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Speaker 6: for all the parents that they were born in the

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Speaker 6: sixties and seventies, you see how much your kid is

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Speaker 6: on this, they'll be on these lenses nine times more.

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Speaker 3: On them.

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Speaker 4: Yeah, keys, I think I heard you say that.

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Speaker 3: Man.

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Speaker 4: It's some people life happens for them. Some people life

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Speaker 4: happens to them. And if you look at the technology

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Speaker 4: from a standpoint where a two year old is able

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Speaker 4: to function on a technology device way more efficient than

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Speaker 4: a sixty five year old, that tells you something.

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Speaker 3: Ye like my yeah, now, I.

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Speaker 5: Just want to say that, like we're thinking about the children.

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Speaker 5: But I promise once y'all try these lissens on, you're

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Speaker 5: not gonna want to take.

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Speaker 4: Them all Here a more extended conversation. Make sure to

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Speaker 4: check out our live YouTube show market Mondays every Monday

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Speaker 4: eight pm Easter Standard Time, seven pm Central and check

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Speaker 4: out the Market Monday's podcast on iHeart, Spotify, Apple, or

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Speaker 4: wherever you download your podcast.

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Speaker 5: Now my graduates from my school being forced back drop drop,

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Speaker 5: Mike drop.

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Speaker 3: Back drop drop.

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