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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

NFT sales volumes are falling and crypto prices remain depressed, but Nigam expressed confidence about the long-term demand for digital avatars, likening them to mobile apps in their significance to the internet. Eventually, Nigam sees the company expanding into a full-fledged social network, which he said Gen Z is “starving for.”

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Neel Grover: How Indi Is Helping People Earn Money For Their Knowledge

socalTECH

We have a couple of thousand retailers and a product catalog of 80 million products, and every day, people are posting their photos and videos to Instagram, TikTok, Facebook, Snapchat, and Twitter. The second part of our app is Know It, which is a video on demand platform. Retailers will pay them for those recommendations.

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What Jonah @Peretti, CEO of BuzzFeed, Sees in the Future of Digital Media

Both Sides of the Table

Around 2001 Jonah was studying at MIT Media Lab and began running experiments in viral stories in an era before smart phones (2007) and before social networks took off (2004–2007) and before YouTube (2005). Again he looked to the media industry history and pointed out that before Ted Turner founded CNN he had an entertainment channel.

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