146 - Tim Ferriss on NFTs and 'Cockpunch'

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Nov 28, 2022

Tim Ferriss, a five-time NYT best-selling author and award-winning podcaster, dives deep into the world of NFTs and his latest project, 'Cockpunch.' He shares exciting insights on how NFTs can empower artists and reshape creative expression. Ferriss reflects on the lessons learned from his time with FTX and offers advice for navigating the tumultuous crypto landscape. The conversation also humorously explores the whimsical narrative of anthropomorphized roosters in 'Cockpunch,' blending creativity, community, and philanthropy in the NFT space.

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ADVICE

Visual Art and Creative Control

Tim Ferriss emphasizes the importance of visual appeal in art.
He believes crowdsourcing creative decisions can be detrimental.

ANECDOTE

Lean Team Approach

Tim Ferriss's NFT project team is small and lean, prioritizing contractors over large teams.
He is heavily involved as the creator, writer, and 'benevolent dictator'.

INSIGHT

Emergent Long Fiction

Tim Ferris is creating an Emergent Long Fiction (ELF) project.
This involves creating a dynamic world with initial parameters that evolve based on community interaction.

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✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/debrief-tim-ferriss

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Tim Ferriss is a 5-time NYT best-selling author, an award-winning podcaster with over 900 million downloads, and a prolific angel investor. After nearly a year of work, he has finally begun to start talking about his secretive NFT drop.

What’s it about? Why’s he spending this next chapter of his life on NFTs? What alpha did he decide to drop on Bankless?

Also, Tim—like some of us, unfortunately—had money in FTX. We ask him about that and his advice for dealing with these tumultuous times.

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------ Timestamps:

0:00 Intro 7:20 Tim a Crypto Guy? 18:00 Tim’s Crypto Trepidations 26:32 What’s in Tim’s Control? 30:20 NFTs & Creative Expression 36:13 Evaluating NFTs 42:30 Tim’s Team 47:10 Tim’s NFT Origins 51:40 Why Tim’s Excited & World Building 1:03:13 Cockpunch 1:22:03 Cockpunch Utility 1:24:40 Supporting Science 1:30:26 Cockpunch Mint Details 1:41:43 Strategizing Cockpunch Community 1:49:46 Storytelling via a New Medium 1:53:00 Next Steps 1:54:10 Tim’s Advice on FTX Closing & Disclaimers

------ Resources:

Trickster makes this world https://www.goodreads.com/en/book/show/56450.Trickster_Makes_This_World

Tim Ferriss https://twitter.com/tferriss

Cockpunch www.cockpunch.com

Saisei Foundation https://saiseifoundation.org/

Fear Setting https://tim.blog/2017/05/15/fear-setting/

The TAO of Seneca https://tim.blog/2017/07/06/tao-of-seneca/

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures