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How NFTs and DeFi Create Derivatives, Loan Collateral, and Positive Environmental Impact - Josh Doner, Tracer DAO

Episode Summary

Josh Doner is one of the first people in the world to buy an NFT and a CryptoPunk OG from June 2017. He's a growth leader working on a DAO called Tracer, a decentralized Perpetual Contracts Protocol on Ethereum used to hedge risk to both digital and real world assets. Josh is a regular speaker on NFTs, Defi and Blockchain related topics. In this conversation, we spoke about 🚀 how Josh started his NFT journey through buying a CryptoPunk, 📈 growth and change in the NFT market, ⚡️ creating NFT derivatives, NFT loan collateral and other DeFi applications, 🌎 the environmental benefits of Ethereum for governments and businesses, and 👀 the evolution of NFTs for entertainment franchises .

Episode Notes

Time Stamps:

(0:30) - Introduction to Josh and how he got into the crypto space
(4:23) - Buying a Crypto Punk NFT and seeing Gary Vee promote the NFT industry
(8:17) - How NFTs can be used by sports teams and entertainment franchises
(10:25) - NFTs colliding with DeFi to create derivatives, provide collateral for loans, NFT fractionalization and more
(15:07) - What Tracer DAO does - a derivative protocol on arbitrum and creating NFT derivatives
(23:30) - All the different ways NFTs are coming together with DeFi
(30:12) - How to think about NFTs becoming more valuable over time as digital collectibles, art, financial products, and more
(32:00) - How Ethereum can help drive economic growth and reduce carbon emissions for governments, businesses, and more
(41:00) - Closing thoughts and where to find Josh

Find Josh and Tracer DAO:

On LinkedIn = https://www.linkedin.com/in/joshuadoner/
On Twitter = https://twitter.com/mynt_josh
On their website = https://tracer.finance/

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