WTF are NFTS?
By Stephen Drew
April 9, 2022
0:00 / 01:14:44
Stephen Drew00:08

Hello? Hello everyone. How are we? I am just arrived early just to make sure everything's getting set up is I have got my new computer here, so it's all about getting things set up, but while we wait.

Let me get off in two minutes,

joined the music,

Stephen. Well, I just want to make it as nice, both as possible.

Go make you a moderator. I still, I still never, never do it. Flip house etiquette is wasted on me. Hey, everyone in the audience, we're going to kick off the one minute so we can turn off. So while look, it's been a while. Okay. I haven't done an Architecture, Social clubhouse for a little while. I've been busy.

I've been terrible. We've probably before he jumped into it, if you want to check out Jason and he's going to explain much more later, Jason runs regular G a a at the global Arctics Alliance club, the club club on club house. And I really think you should recommend it. I really think you should check it out, but the reason why I fought it would be good to do this topic is because earlier I think mid December, I got totally sucked in to this world of NFTs and met the verses.

And at first I was like, what the heck? A man of us I've been playing video games. I've been playing MMOs for years. That's nothing new. That's nothing. They were at home and actually working in the office of Accuray Lowery. Someone sent me a meme about NFT. Saying how irrelevant they are, how you can copy and paste them.

And I completely laughed and I've fought brilliant. What a, what a waste of time. This is hilarious. This is funny. And then why I, the more and more research I did on NFTs, non fungible tokens. I think that's the definition should probably have a look at that before I started, but yeah, and FTS, I thought, Hmm.

Maybe there's something here and it's a divisive topic, the blockchain and FTS, the ma of first, how that all works in the architecture world. And at the same time though, it is an interesting prospect. It's virtual. And the talking about the blockchain and FTS, what can be done in the built environment?

How can we as architects use them, but so that all that in mind, I for we would do this special and we can find out together what the fuck. Alright. And FTS. And so I'm joined by Jason biome, who is a seasoned architect and Jason has his notepad ready. All right. So I don't know why. Yeah. So exactly. So we're going to do it together.

We need to explain to Jason the Gabba that no pad needs to be for a really useful knowledge of by the time that Jason leaves so that he can make his millions in NFTs. Or he can say to me, Steve, what a load of rubbish. All right. So. I'm going to talk about it a little bit, but really it's for opening up the conversation.

And if there's anyone in the audience and I can see one or two names from this space, once the come on stage, and maybe you can explain it much, much, much, much, much better than me, that wouldn't be hard, but you would be welcome on the stage. So raise your hands. And Jason will help me as well, inviting people to the stage.

So come on guys, and guys and girls in the audience, raise your hand and join us on the stage. If you'd like to talk a little bit about this on a first point, though, let's open up. Let's talk about what we all think and their teas are. So my first foray looking into NFTs. The first one I saw Jason and we were talking about it earlier was, uh, I believe Anna like a 3d designer who sold the house as an NFT.

And there was the first house or $500,000. And I was thinking, how the hell is this possible? Yeah, I know. Right. And then also I was looking at the visuals and I was thinking, I can do that myself, but there's a lot more complicated than that. It is a lot more complicated. So how do you even get into it or what isn't NFT and what different and F teas can you have?

So I can see a few names here as well. Yami. Good to see you in the audience and Russell, I'm sure I'd love to hear your thoughts in the tech space. Are people talking about, but come on there's anyone more than put their hand up, come to the stage. Come on. Come on. Am I going to put the elevator music on again or wait for someone?

Come on. We got no one, Jason. Huh? This is going to be me talking for five minutes. Yes, we've got, we've got someone who's raised their hands, who I'm actually going to be recording a podcast with, thank you at Donna for saving my bacon because I make the stage, but really I need an expert to help me out on this.

So do you want to introduce yourself to the room down there? Yeah, sure.

Adonis Zachariades06:37

Hi everyone. Um, I'm definitely not an expert in NFC, so otherwise it seems I'm building my own. And if C niche, NFC marketplace for 3d design.

Stephen Drew06:50

Um,

Adonis Zachariades06:51

it's called . Uh, we are going to be launching a really soon together with some interesting features, like a larger file sizes, different file formats for NFCS and who wished to, to help build and open and in terrible problem, metaverse through architects and NFTs.

So what do you want to hear from me? What do you want me to say? Why, why did I start. Well, good.

Stephen Drew07:24

Well, good question. We'll discover it together. This could be like a practice for our podcast with me when we do it, right? Why not? Who cares? So there's a few stores online, right. Currently right now. So for anyone that's listening to me, ramble on and wants to see what an NFT is, probably the easiest way to find the NFTs as a Stein point, it's on a website called open seed.io, right?

And that is a large marketplace, but there's some limitations isn't there done this and what you can actually put on there right now. So it's tends to be images. It can be, I guess it can link to documents and artworks and, and basically the premise is of an NFT, a non fungible token, right? Is that if someone owns the NFT, someone buys then nifty.

Basically saying in the virtual space that they are the person that has the ownership of that item. Is that yeah.

Adonis Zachariades08:27

Where do you think that's exactly that an NFC and I'm not going to go into details about the blockchain and everything like that. It's simply digital ownership. That's what I call it. So just like you own your car and you simply have a deed that says that the car is yours and you need to take care for it and you need to take it to an emergency.

It's exactly the same thing. You have a certificate of ownership for something now, lately we see with pictures. So a lot of people are scratching their heads. Why would I need a certificate of ownership for a picture and okay. But it's so much more than that. So for me, it's, it's exactly that I income. I capsulate everything is.

At digital certificate of ownership. And then I just don't go beyond that is the easiest way to think about it.

Stephen Drew09:23

Great. I think that's really, really useful. And probably, and this can be at the end of the implied because we haven't discussed this before. So another way to visualize a little bit more about NFTs and what you're up to is actually on your current website, which is Reno v.io.

And that is really interesting. So you're currently developing this marketplace and that's what tailored more towards architects, more towards designers, more towards, uh, dealing with larger, um, files, lots of Fredy formats, because currently on the open sea, you CA you can't really put anything more than 40 megabytes.

And that has to be one or two very particular file formats. Right? So for an architect, Uh, currently, if you were just using the current existing marketplaces to make an NFT, you'd have to be looking at doing images and that kind of stuff. Right. Because you can't necessarily put the Fredy model on there.

Is that right?

Adonis Zachariades10:26

That's exactly right. Can

Stephen Drew10:29

you hear me? Yeah. Yeah, yeah. I love it. Are we in the kitchen or something away?

Adonis Zachariades10:34

Uh, I was going to make some tea that, uh, put your, my headphones while I'm doing that. Uh, uh, no worries, but without putting to shame a pen, see, would you send an amazing marketplace by the way?

And they were in, they are the pioneers within the space, um, ICO. Pennsy just like we see Amazon, they can sell anything and everything, and they're really good at it. And they, and they. And they're really famous for it, but what do we see that is happening? Is that us more, as the NFCS capture more than imagination of people, they become more famous.

We're going to see more niche NFC marketplaces specifically for the reasons that, uh, for, for example, for specific reasons that you want to create an FTS, for example, architecture, that's a really interesting vertical that should have its own marketplace. Just like you go on behind SU so appreciate some art or you go to dribbles, appreciate websites and 3d design.

For example, you should be going to this specific NFC marketplace to purchase this specific NFC that. Within your area, such as hierarchy the picture. Now you've touched on a really good point. Open, see, allows you to mince up to a hundred megabytes and you're actually pushing if you're mincing a 200 megabytes, uh, with, uh, three 3d file formats.

I think it's, uh, OBJ FBX, and glTF now, you know, better than me. I'm not an architect. I'm actually an economies and financial realities as a background. But architects creates in various four months, depending on what they feel more comfortable with tools they use, uh, et cetera. When we were creating this marketplace because architects are hard.

We want to allow for these architects to create in what they're comfortable with a new one to make them create source. And we want to allow them to publish what they have in mind as an NFC, without any. Really limitations. And, uh, and that's why we built it this way. Now open C is really good when it comes to other kinds of NFTs, like the generative NFTs, those 10,000 arts and FTS that you hear everywhere, like got club or crypto Pines.

It's it's ideal when you want to sell something like that. But when you're moving away from that, you need something more specialized. Yeah.

Stephen Drew13:15

Yeah. It's interesting. And I think that's what can be tricky about understanding it and NFT it at first, because what you're talking about, some of the tactical issues, which will be really interesting.

So you were Novi open up that, as you said, open it up to an architect and share a 3d model made in different softwares, Mitch, maybe a big. That's really, really interesting, but I guess what's, it's hard to get your head around that first, when you're first getting into NFTs, the variety of NFTs is huge.

Isn't there people can. I was looking at, um, you know, like an app, which was to showcase NFTs and someone literally NFTs are what's called minted, which is to make an image or whatever they minted this. I, um, which was a photo off their mum. I didn't really feel like I wanted to buy that, but it's so wild.

Isn't that am, I think let's go back a bit to the, you were talking about with, with open sea and I think it's really good, but you're right. It's amazing. It's open. And I, you know, I'm looking at playing with open sea and I think it's the perfect thing to do that, but. We have to be really upfront while there's lots of NFTs and the, some of the ones in the press, which make shitloads of money.

Um, it's all sounds appealing. There's I imagine there's also lots of NFTs, which kind of just go into the graveyard of like full of, you know, there's like an open, so you can pretty much put anything on there. Right? So there's a lot of NFTs which fill the space. I don't know if you feel that as well then Donez

Adonis Zachariades14:53

we certainly, uh, I, I sometimes feel lost in the vice the ratio of NFTs that are actually an open seat is like, uh, , it's a fun game at night.

If you want to fall asleep, just scroll through all the NFTs on open, see have fun. Uh, you're going to be scrolling for hours. Um, yeah. It's to be honest, if you think about it, everything could be an NFC, like you said, Picture of, of their mom. It could definitely be an NFC is like you can make any digital creation, no matter how smart, stupid, silly, interesting, or not interesting.

It could be an NFC. Now, if that NFC has value, well, it only has as much value as the other person who is willing to purchase it. Correct. Um, so at some point in the future, I think that everything that is digital will simply be an NFC, but it won't even be thinking about it. Every picture that you're going to be creating.

Every digital item that you have will be an NFC and you will have their ownership of it, but you won't make a big fuss about it. It's just like your JPEG is on your computer screen and you don't blink twice is going to be the same. It's got to be a J pick NFT.

Stephen Drew16:19

Yeah, I think, look, you've look at darn it.

I'm going to, you need to have your team and you you've really helped me out by kind of breaking the ice this topic. Cause it's a big, it's a big thing to decrypt what the fuck and NFTE is. And so I kind of, I kind of make a bit off more than I could chew when I brought the topic, but a we don't, we don't script things.

Yeah. There is no angle. And as well, I'm going to open up the conversation further because not everyone has to agree on if, how they feel about NFTs as well. And there's a few topics that we can bring up as well about, you know, how did they deal with the sustainability aspect of things. And I know that you're looking at doing things as sustainable as possible with your market place.

And that's really, really cool, but let's open it up a little bit. So I Yemi, I'm going to come to you in a second because I'm going to love to get your thoughts on this. And you're someone who's practicing in the industry. And when I think of NFTs and the possibilities, forget my awesome mum for a second.

We're not going to talk about pictures of that, but in an architectural sense, it could be so cool. What becomes valuable NFTs because basically us as the community or the why the community, people who are buying these NFTs, they're seeing what the value is, right? And also equally, or the graveyard of NFTs on open sea, which are worthless.

That's because there's no value there. So the question I keep pondering in my head is how do you make something over the immense value? How can it also connect to the real life? And I think that will be the interesting thing for us to do. You know, cause as architects, we're always helping with the built environment and there's a space for architects to design in the digital world.

But also there's quite a lot of interesting things about what can be done between the both. And, you know, at NFTs, we were talking about art and 3d model. They can also be quite utility. So for instance, with the board eight yacht club, I think that, um, if you got one of the cards, for example, I hear that you can get invited to when they have a pie.

If they have a party in New York, only the card members can enter, or for example, as a private room online. So it was really interesting to see how either, you know, an NFT can open some possibilities that were never there before. But that's just my thoughts. And before we move on to TME, Jason, how are you keeping up, but use Fastly scribbling things down, or do we still need to get a little bit more in the topic and credited?

I think instantly what I'm thinking of is how can I make money out of this? Um, um, and, and what I think the question for the room, and I'd love to hear your thoughts on this is for example, could I buy the Royal Institute of British architects, um, artwork and claim their digital title? Can I just do that now and make some money out of it?

I don't think he, I don't think he can. I think like it's a massive gray area and I would encourage you if you're going to end the FTE something to do it on your own, um, on your own staff or yeah. Or have a legal, licensed agreement where it's in. Right. But you have the right to use it. And I tell you what, Jason, I wouldn't wish to be you getting that license from Ribera.

That's going to be an interesting conversation with their lawyers. Um, but it's interesting, you know, what can be done, but it was not even just about money. It's about what, you know, what projects can be made, I think is also interesting as well. So good point, Jason, and I think we'll do another few minutes before we kind of go to a little bit of a segue and you can kind of refresh the room and talk.

The G a mobile access Alliance, which is the constant room that you guys should all be in. But before we do that before you explained about your awesome club and club house, Yemi my fabulous friend. Hello? Hey, I've got like, I've got some intro music for you somewhere.

Loving it, loving it, loving. I cut it off because you know why I'm deeply interested to hear what you've been saying. So if anyone that doesn't know you first, you want to intro yourself into the, in the way their industry as well. Yeah, sure. So I'm an architect by profession currently working as a development manager, developing, um, affordable social housing as well as actually just housing in general in Northland.

Great. Perfect. Well, look, you do a lot of awesome projects as well, so I'm sure at one point, right, something brought you down the NFT rabbit hole as I, oh, it's more kind of just general, um, interest. And like you say, trying to stay abreast of technology and understanding, um, yeah, just trying to get an understanding of, um, what NFTs are, what the metaverse are.

I mean, is, I mean, there's lots, there's lots going on at the moment. Um, I think since 2020, generally with a lot of us been stuck at home and, um, maybe not spending that money on, um, transport, seeing where, where else we can put our money. I think there's been lots of interesting crypto and the like, since I'm locked down.

So my, my there's an interest there, but I'm no. Expert. I think you, you touched on something. Um, and then, um, Jason touched on something just in terms of real life kind of usage. I can see, um, you know, architecture has moved from us drawing pen, pencil, um, largely some of us still, still do and, and, and love sketch into, you know, uh, a more technological way or graphical way or digital way of representing our work.

And the construction industry is at all times trying to keep up with, um, digital transformation and technology and just one of the very kind of practical ways I can see. The metaverse, um, helping architects is that I think, you know, in the way we represent our drawings, uh, three, three dimensionally, we've found that, um, sometimes for, for lay clients, it's so much easier when you're presenting a drawing, not to do so in plan and elevation, but to have a 3d, 3d drawing is fantastic.

Now, if we can stop putting headsets on clients and actually walking them around, um, the, you know, their existing propo, the existing, and then the new, I mean, amazing, fantastic. That's where we get kind of real buy-in and understanding. And then I guess NFTs are exciting. The metaverse is exciting. The metaverse is not necessarily.

And new concept has been around for, for a long time. We talk about gaming. We talk about VR, all the rest of it. I would be quite interested actually to, to, for the experts in the room. And just generally to hear what people think about the pros and the cons for me, I think one of the cons touches back on what, um, Jason has said is that, you know, physical art can't really be digitalized.

The reason why people own physical art and the reason why you then would own digital are often different. You know, um, a lot of the times people will pay to go in, uh, to a private viewing or whatever it is. We go to museums, whatever, to look at re um, pieces of art. Whereas with. You know, you can't digitalize, uh, physical art, and there's just an alert to seeing things, you know, one of a kind painting or whatever with your own own eyes that our token wouldn't, um, provide.

And also, I think there's a big thing here about value. So, you know, when you purchase one of the, um, you know, an NFT, you're not necessarily purchasing the copyright to the art. So this speaks directly to Jason's, um, point. And in that way, you know, you, you can find lots of copies on the internet or wherever the token that you own, that you've paid potentially millions, thousands, hundreds of pounds, um, for, and I think, you know, if I've understood it correctly, when you buy the assets or you own as the record saying that you own the token behind the original asset.

So I would question how much value. That actually is in owning an asset that you don't actually control. Um, so, so there's a question there and to two others, environmental costs, I mean, it's, uh, environmental, um, the environment carbon is a big thing in architecture and construction. And you know, when I think of, um, the Ethereum blockchain and, you know, talk about electricity and all the rest of it, it scares me and I shudder at the amount of electricity and environmental cost of crypto in general, including NFC.

So it'd be great maybe to hear a little bit more from a dentist on how he. I know there are some chains that are not more energy efficient than others and are seeking to, um, improve. And I guess, with any new technology, it's going to take awhile to get us to where we need to get to. I think the last thing to also touch on, and this will just be in relation to the things I'm passionate about is about, um, equality and inclusion, you know, are we, um, is this space one that is truly accessible for, um, Joe Bloggs down the road to buy an NFT?

As we said, some of these NFTs go for ridiculous money, some I guess not, not as much, but do, do you have to, would you say you have to be quite tech savvy to. Engage in, um, the, this field and, um, yeah. You know, could, could my dad jump on and buy an MFT and how do we deal with, uh, accessibility and, uh, fair, fair access to all which is massive in architecture and in the construction industry.

So a few questions they're more than answers, I guess. Yeah. I love that. And the, their questions, I think we're all share and it's kind of that ongoing thing, isn't it? And so I'll say it with my broken knowledge a little bit, what I I've, I've looked into as well, and then maybe I've done. This can actually help me with proper answers as someone who's a specialist in this field.

But if you look at even, um, so I use open sea as a big example, and they mainly the big, and this is goes to your point in terms of trading the NFTs in which blockchain, or they were on the predominant or the most well-known. Is it right. And so that's ITI, Hage, I think is the kind of assemble for it. And you're right.

Yami, because it's constantly brought up about sustainability and, um, you know, the environmental costs of that. And I was looking recently open seat, um, have started adopting more this other, um, this other coin or whatever you call it at which polygon, there you go. He knows what I'm going with that, and that was, that's really interesting.

It kind of actually suffered the other day because one or two, I think like one of these big games was using it a lot, but polygon and I've started to look into it. It's much more sustainable. It uses a lot less energy to just in its general process in, and there's what is called layer two. And I believe if the theory is layer one and I mean, that's a whole topic in itself.

But for example, the fact that open C is adopted other cryptocurrencies, uh, you know, to use, which are more sustainable. It seems like a step in the right direction. That's of course it seems like it's a lot more to go. So you jumped in there and helped me kindly would probably take on that. What is your thoughts on that point that Yemi raises about environmental before we talk about stuff like application?

Adonis Zachariades28:49

Yeah, of course. I mean it's unfortunately, or fortunately is a really big part of water doing. Um, if uranium is the most popular chain, but they do understand the environmental impact that they're having. And for that reason, they are trying to shift into Ethereum to play know if you heard about it, we just simply changing the way their consensus mechanism.

So, if you heard about proof of work, that's when they need energy and computational power in order to validate transactions. And when you hear layer two solutions or about Ethereum 2.0, is that the ones who move into proof of stake, P O P O S, where the way that they validate transactions is by staking your coins.

So proving ownership of, uh, of the chain instead of using computational power. So it is an, and you should to everyone and everybody is trying to, to move away from, uh, chains that are actually not environmentally friendly. And that's why you see polygon. And that's why you see immutable eggs. And so many others that are coming to play.

I mean, there, there there's so many, um, but. Just like, for example, us dollar is king. When it comes to currencies is the same. When you have a Bitcoin and Ethereum, it's really difficult to shift somebody, especially when they capture such a big percentage of the market and move them away into, into a chain that is more environmentally friendly, at least for now, I will say, um, as we move along and, and let's not forget that this is really new, everything is really new.

Everything is like in a sense happened yesterday. So, uh, we're really working in dog years here and we're moving really fast, um, to move into more environmentally friendly, eh, chains, all of us all within the crypto space, I will say because everybody wants that. Um, but even if we are new to this space, we have the legacy systems, you know, Battery slowly needs to change.

And that's why you have a theory as well. And he's there, but it's one of the biggest and strongest chains, uh, because it was one of the first and they were pioneers within this space, eh, and it's really hard to change or evolve and move forward with. Actually

Stephen Drew31:32

whilst well said, because you've been such a good sport.

I'm going to try and put your website on the link at the top. So I dunno if that works or not, but check out it really works. Yay. Check out. I think it's really good exercise anyways, because not even in the interest of promotion, it'd be really interesting for everyone to visualize exactly what I've done is open about.

And what he's building is it is architecture specific. I'm lucky. Cause we're going to be recording a podcast around that. We are going to do it, but this is kind of, this is the roar and scripted talk before the row and scripted podcasts. And then this is me

Adonis Zachariades32:07

jumping into court, just getting their age. And I like it.

If T's attire I rest and everything in between, and I appreciate architecture. This is normal. Well, I'm plugging rent specifically. It's just me and the love of NFCS, but

Stephen Drew32:22

well, lucky you build, you're building a market place in the space, so it's irrelevant. Well, people can have their own opinion on what the market price, but the fact is this would be the first architectural one.

And it's interesting learning all this stuff that you're taking into consideration in the marketplace because yes, it's, you know, as you've listened to here and like Amie and Yami is actually. You know, while considering questions, those are going to be questions that the architect. So it's always a two-way chat, a look that you need to have your team for that.

And so I'm here on this stage. I would have been absolutely screwed if you didn't join the stage. So I'm pleased you are, but stay here. I would T just relaxed for a little bit, cause we're going to need you. I suspect we're gonna need you, uh, while I'm good at talking, I'm making random sound facts. That's my job.

But Jason is the person that really helps me run all these rows. And he's a bit of a seasoned pro when it comes to cloud powers. So we're going to have a nice interlude for second. And anyone here, just to let you know, if you do come to the stage, she will be on Spotify with chase son. Do you want to just kind of let everyone know a little bit of club?

I would say, okay. Tell us all about the GAA for people that are new. Yeah, no, absolutely. Thank you, Stephen. Um, I think just, just for everyone in the room, that's maybe not being here on new to this room, so please follow the Architecture, Social, which is like a little green, um, sort of, um, how symbol at the, at the top, top, top there, um, you've still got the number Stephen well done.

Um, but I just want to sort of bench and I'd been following everyone in the room. Um, so if you could follow people back and follow people on stage, that'd be appreciated and maybe just, um, take a little bit of time to fill out your bio is it's always interesting to see who's in the room, cause I've been, um, sort of looking at everyone's bios in here, but three and I'm doing a room tomorrow night.

So I do ream every Thursday. We've done 40 rooms in a row. And so we did 40 rooms in a row last year, um, every week on Thursdays at seven. And we're talking about titles. So we're talking about, um, professional titles. Um, what's the purpose of them and are they still relevant and should the be protected?

And I think it'd be lovely if, uh, people in the room tonight, some of you could make it tomorrow. It'd be one. It'd be absolutely wonderful. Um, so it's a global architects Alliance. If you just click on my bio, you will see, um, the clubs that I run and, um, it's growing as well. So it's, it's, it's, um, it's a growing club and more and more people come into it.

So yeah. Thank you, Steve, for letting me advertise that room briefly. Well, my pleasure. I mean, it's great because I do these specials. Whenever something really gets my interest and I used to do a fair, well, we will get some, especially when it comes to talking about careers, but if you want a better continuity any once, somewhere just to unwind and do check out Jason's awesome GAA, but right.

So what I'm thinking, not this point, Jason is we can, we can, I don't know what you call it. Is it refreshing the room? So we go one or two people on the stage now there's, it's not like a panel of experts. I am far from an expert far, far, far from it. I am just someone who discovered this world in December and this got really, really excited.

And one thing I would say. Getting involved in these small communities is really awesome because in the architecture scene, there's one or two, I think discords and telegrams. So you can check out as a telegram, for example, and that sort of a really good way to find out more and more about NFTs because I'm constantly learning.

And I constantly find information on what people are sharing. There is also, I believe another really cool group, which is on discord, which I think is called like architect or architecture, Dao, and that's worth checking out. And as well as that, there's another really cool one as another really cool is core.

It's called architecture architects in the metaverse. So search for that. There's a few people on there, but they're all sharing really good tidbits of information. So if anyone here is in the audience is thinking about just learning. Definitely go check it out. Cause I think it's a really good, fun, exciting community.

And it's better for architects to be involved in it rather than not being involved because in my opinion, you know, we'll do another talk at some point for Mehta versus, and yes, there's been a method versus around for a long time. I think though, the reality is that this world is NFT world in this Bush is only just beginning.

And I think it's a little bit naive to think it will, it will not continue to grow in some shape or form. Maybe there's a debt, maybe there's a bubble. And what I mean by bubble is maybe things will pop. Maybe the value on the coins will go lower and so forth. But I think it's going to pick back up again.

So it's better to get familiar with that. That's how you want, if you do your research into NFTs and you said to me, Steve, I've researched that I'm really interested in good for you, but I think it's such a cool space to read up on it. And I encourage everyone to do it on that note though, let's open up the room.

Is there anyone here that it may be is not that experienced with NFTs is not that experienced with a mat averse or maybe they've got their own projects. If anyone would like to raise their hand now is probably a really good time to do it. I'm happy to keep talking, but this is just about your room as well.

And I'd love anyone's thoughts. Yeah, I've done. Well, maybe if you know, I can ask the dumb questions in the ring. I don't have a clue what I'm talking about. It's just, how would I get started on, on this and maybe it's, um, you know, maybe not directly to you, Steve. Yeah. You know, I understand. I redo, I Google what NFT means, how, how would I just get started?

That'd be my question. I can, I can handle this because I'm a full on newbie, you know? So we got a proper architect. Yeah. Yeah. Mean, oh, well, you're a proper architect as well. Jason, who are thinking, this is interesting though, and this is actually building the bloody marketplace where things are going on.

So he's on the technical end and I'm the new guy that's looking in. But I would think checkout open C or IO first and have a little look around from there. And actually it sounds really naive, but I am, I listened. There's a book and an, or an audio book, which is really good. Let me go and check my Amazon records.

Now, the name of that, but I listened to this audio book back at the start at December, and Harvey was talking about the concept, talking about the theory, but to answer your question, there was a lot of information about how you get started. And so that book is called the NFT handbook, how they create Sal by non fungible tokens.

And I listened to that and it was really good. And they will talk to you about all the marketplace says, which, uh, um, more, all the part, well, that's actually wrong. They'll talk about the popular ones that you need to know, and now they don't talk about them. This is marketplace coming up. Is on the verge of rolling it out in the next few months, but it talks about the common ways to do, and it will talk about what actually meant and means how to get a crypto wall, a wall at a virtual digital wallet to put the money on which you're going to need.

And it will go for the process. And as well as that, it we'll talk about a little bit about, you know, the fact that just because you make an NFT doesn't mean anyone's going to buy it. A lot of it is to do a community. A lot of it has to do is with trust and really it's about someone. Pay virtual currency for it.

So there's gotta be a pole. There's gotta be some desirability there. So everyone check, check out the NFT handbook. Um, I don't know the author, not like, um, I get any kickback from it, but I found that really valuable. So Jason part way answer the question. Cause I kind of copped out and it give, it suggested an audio book, but it's a really valuable one.

Um, I'm conscious cause we got Alex, who's joined them the stage. Really good to see you here, Alex. And you've been in the Architecture Social community for a long time and I value your opinion. But do you, would you like to unmute yourself and say hello to the room and share what you felt, um, that you'd like to chat about on the stage?

Stephen? Hi, caisson prior and high-end me. Uh, so I. Kind of interested in entities. Um, what I was thinking about was can BIM data be integrated into an LSD and, uh, for example, the furniture being a separate MFT by a different person being purchased from it, having the blueprint embedded in the NFT, and we created as a, kind of a, basically you're selling on a license to create the item physically, um, that kind of rural.

Kind of retreat, the fresh boat between reality and the digital specs. Um, so that's something that, um, um, I'm not very sure it's not possible, uh, to call and talk about, but, um, also I want to go back to one of the kinds of things that you've touched, talked about was, um, uh, is it accessible to everyone and how to kind of do it, um, put, uh, how to get involved.

So personally I'm, I've got Ethereum. Um, so you'll probably need like some of marketplace and stuff like that, but, uh, you need to be very careful on whether the fact that it's supported in the UK, uh, to protect your, uh, money and asset. So for example, buying non. No UK and I financially kind of shakes and then, and stuff like that.

I'm not sure that a donor has anything to add on that part. Ooh, well, don't they say, if you're here and you not having your cup of tea, feel free to jump in.

Adonis Zachariades43:09

Well, I'll jump in on the first question. Cause I really like it by the way, with the furniture. Uh, and then FC can be anything. All right. So when it comes to.

Uh, if you want to eat, for example, you create a really, I'll take you back