Welcome to Episode #7 of the FITFO Podcast! My guest for this episode is Michael Knittel. Mike is a Partner & Portfolio Manager at Arrowroot Family Office in El Dorado Hills and has spent the past 23 years in the securities industry. Over the course of his career, he has built deep relationships across the financial industry, which gives him the unique ability to help both individuals, and large and small businesses, solve complex financial matters. He has spent the past 12 years personally investing in and advising for startup companies and venture capital funds. This conversation, however, is NOT financial advice because he is here to help us figure out Web3, Crypto, the Metaverse and NFTs. Mike has been an early adopter in the space with an impressive NFT collection with Rogi (BAYC 2719) & Igor (MAYC 154390), 6x WoW, and 7x Boss Beauties, just to name a few. A couple of which have been featured in Rolling Stone, Variety, and Business Insider.
This was recorded in June of 2022 and a lot has changed in the space, so it will be interesting to see the evolution and where the next 6 months takes us. I hope you all enjoy!
Time Stamps:
4:31 - Mike's Origin story and how he got into Crypto and the Metaverse
8:56 What will NFTs' utility become?
13:35 Explanation of Doxxed in NFT lingo
16:55 Web2 Metaverses our kids are in and the transformation to Web3 Metaverses
18:30 The power of Community in the space
20:55 Nike's Crypto Dunks and other house hold brands utilizing NFTs to prevent counterfeit sneaker market
26:40 What is Minting in the NFT space?
31:35 Buying the dips
39:23 Cryptocurrency Regulation and stable coins
44 Crypto twitter
49 Wallets, seed phrases and setting up a MetaMask
58 other tech on the horizon for Mike, VR & AR
Follow Michael:
Twitter: https://twitter.com/LagunitasIQ
LinkedIn: https://www.linkedin.com/in/lagunitasiq/
Michael's website for actual financial consultation: https://www.arrowrootfamilyoffice.com/
Follow Bryan:
Instagram: https://instagram.com/bduzco
References:
Yuga Labs: Home of the BAYC & MAYC: https://www.yuga.com/
Metamask: https://metamask.io/
Discord: https://discord.com/
