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  4. Verb Technology Company, Inc (VERB) Message Board

I would say it's a safe bet NFT will be a part of

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Post# of 32974
(Total Views: 501)
Posted On: 11/24/2021 1:32:25 PM
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Posted By: redspeed
Re: Thunder4402 #24380
I would say it's a safe bet NFT will be a part of it since Rory mentioned 3 separate times on the Q3 conference call.

Prices range from $1 to millions, averaging at $900
https://dappradar.com/blog/average-nft-just-a...and-new-tv

Check out Bored Ape Yacht Club

https://nonfungible.com/

Volume All Time: $1.4T

Crazy, but you know what 10% of a trillion is?

austin-powers-dr-evil.gif

And why wouldn't they want to use LIVE interactive streaming to make the most out of selling NFTs

The revenue from this can potentially be crazy for Verb

Once people see the live events scheduled, they can calculate with their slide ruler what the future revenue can look like

"We expect that these events will be hosted by well-known influencers and celebrities and sponsored by retailers and consumer brands. Due to the limitations caused by the ongoing supply chain issues many U.S. retailers are experiencing, we’ve recently shifted the focus of these mega events to digital products, such as NFTs among other things ."


" We’ve now shifted to, as I said, digital products. NFT is a big focus among some other things. We’ll announce that as we get closer to actually doing it and making sure that there’s sufficient inventory of whatever it is to accommodate. Those mega events could generate fairly meaningful revenue for us. In fact, even from a couple of those, we could—based on our modeling, we could be looking at more revenue from those events than we did the entire quarter. We’re pretty excited about that and as a result of what that means for Marketplace as we move forward. I can give you some of the information that we’re looking at based upon feedback that we’re seeing from some of the vendors that we’re working with."

"Just recently, they—the supplier of the products had to pull out because they realized that they’re not going to be able to get the product to support it. They’re still trying to make sure they can meet the needs of the retail stores that they’re selling into during the holiday season. That caused us to step back and reevaluate the kind of events that we want to do, again, for promoting the platform, and we decided we would shift to digital products for these mega promotion events, so that we’re not going to find ourselves in the same position where a vendor or a supplier can’t meet the demand, which would be—which would obviously be horrible. It’s not the experience we want to provide. That’s where the focus on NFTs came from, and the platform supports all of that very, very easily already. "


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