Shaping The Future of The Internet with Jay Steinback

Jay Steinback is the Co-Founder, CEO, and visionary of yWhales, aiming to drive communities globally to implement, innovate, and lead the next evolution of the internet. He founded yWhales at the behest of hundreds of business professionals around the planet that were eager to learn and invest in the upcoming Web3 transition. Leveraging the YPO network to transition into a Web3 community became a full-time endeavor with Jay adding many staff and Co-Founders along the way. Key Highlights:[00:01 -13:41]  Cryptocurrency: Money, Trust and RegulationThere are resources available online but there’s no solid guidance A lot of business professionals are to learn and investThe lack of answers fueled Jay to research and study, leading to the birth of yWhalesJay prefers not to be on social media but focuses on the community that helps and nurtures potential clientsKnow your customer to understand how you can help them with their needs[13:42 - 19:31] Building Business through Relationships Maintaining a community requires a huge amount of time and resourcesPeople are engaged when you are there if they need youMake ways to keep in touch with people weekly through different channels[19:32 - 40:28] What’s Happening in the Crypto Space Right NowPeople know NFT but there are only a few ownersJay is receiving high-volume inquiries from people who are interested in the ventureLots of capital was pulled off but smart investors are into it knowing that zero is not an option but it's up to the technologyWhat you put up in NFT has to have a real-world valueFOMO drives the movement in the digital world where avoidable errors occur, hence where the regulation could come to playThe challenge in governance is hindering technological advancement [40:29 - 42:23] Closing SegmentJay’s advice if you want to learn more: Look at what they’ve done instead of listening to what they’re telling youFollow Jay on  LinkedIn and check out his website https://www.ywhales.com for more information!Key Quotes:“I don't want to be an expert. I don't believe in that in an industry this young because, for everything, there are 10 things that haven't even been discovered or built yet or designed yet that you have to kind of keep an open mind.” - Jay SteinbackLIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.