Here’s why CNET co-founder Halsey Minor is bullish on NFTs – TechCrunch

“Opportunities are limited only by the creators own creativity”

Halsey Minor has lived many lives.

One of the founders of CNET, Minor entered tech media at a time when the closest thing most of us had to the web was a spider spinning cobwebs on an old NES. Born in Charlottesville, Virginia, Minor worked for Merrill Lynch during the internet boom in the early 1990s and, in the words of Wayne Gretzky, has been skating to the puck ever since.

Since his first foray into media, Minor has largely focused on cryptocurrency and blockchain. In 2014, he launched an exchange, Bitreserve, which morphed into Uphold, a money transfer product supporting over 30 currencies, including crypto.

In recent years, he has created Live Planet, a video service, and VideoCoin, a token that rewards idle data centers for streaming video content. Now he has expanded into NFTs and sees the space as wide open but in need of serious change. We spoke to Minor about his vision for today’s NFT market and what needs to be done to transform today’s technology into tomorrow’s CNET.

NFTs are one of those pervasive technologies that will affect virtually everything we do, from e-commerce to marketing and entertainment. In three years, everyone will be interacting with NFTs on a daily basis. Halsey Miner

These days, Minor is creating startups — and running Zoom calls.

“I spent the pandemic raising five children – with two dogs and a cat,” Minor said. “It’s been incredibly difficult if you have a lot of kids because of all the extra work that comes with Zoom-based homeschooling. I’ve been extraordinarily lucky to be able to work from home.

“With five children in school, that leaves very little time for anything other than 24-hour work,” he said. “People honestly don’t talk about it enough, probably because it’s not a sexy story.”

TechCrunch: You got into crypto and NFTs after a career in content. Why?

Halsey Minor: Just as I recognized the massive internet explosion many years ago, I see crypto and NFTs as the technology of the future. As NFTs become more accessible and mainstream, the creator economy will continue to migrate to blockchain and, I believe, will eventually overtake traditional platforms. I’m all-in on video NFTs with Vivid Labs because we believe video is the next big bulwark for NFTs and has the potential to spread across various verticals, from gaming to art to entertainment. traditional. Video has always been one of the most compelling, engaging, and empathetic mediums in all of entertainment, and we don’t expect NFTs to be immune to that.

What advice do you have for new founders right now? What is the best way to raise capital?

When I started my first CNET business 26 years ago, I had no track record. Everything I did was to gain credibility. I hired a former head of programming and marketing at Fox and head of multimedia at Bell Labs with extensive internet experience (rare skill in 1995). You have to sell your vision to great people to build great things. These people helped make CNET a NASDAQ 100 company in four years.

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