Did you catch Lydia Moynihan's spot-on question to Gary Vaynerchuk on the New York Next Podcast?

She asked:

"NFTs, crypto—it does feel like there are these waves, and people get really exuberant about it. I know they always say technology is overestimated in the short term and underestimated in the long term... So how do you think about capitalizing on something? You see that trend, but you don't go overboard."

Gary's response hit the nail on the head:

"People don't study history enough. A great thing you can ask your ChatGPT is, 'Tell me the history of the credit card.' These credit cards were super not accepted in 1964. People said, 'That's my money,' and resisted the government having access to their information. People need to realize: technology is undefeated."

Here's the deal:

Blockchain isn't just about the latest crypto craze or digital art trend. It's the underlying technology that's set to redefine how we do business—just like credit cards did decades ago.

‍

A short clip from Gary Vee's interview on Blockchain technology:

Think About It:

• Credit Cards Were Once Radical: Back in the '60s, people thought credit cards were insane. "Why would I trust a piece of plastic over cash?" Sound familiar? Now, try running a business without accepting credit cards—good luck with that.
• Technology Is Undefeated: As Gary said, tech keeps marching forward, whether we're ready or not. Those who adapt thrive; those who don't get left behind.

Why Blockchain Deserves Your Attention Now

NFTs and crypto had their wild moments. But let's not throw the baby out with the bathwater. The real game-changer is blockchain itself—a decentralized ledger that no single entity controls. It's about transparency, security, and trust.

‍

Lydia emphasised it well: Technology is overestimated in the short term and underestimated in the long term

Real-World Impact That's Happening Today:

• Big Brands Aren't Waiting Around: Louis Vuitton is using blockchain to authenticate products, tackling the $4.5 trillion counterfeiting problem head-on.
• Supply Chains Transformed:  Walmart is using blockchain to track produce from farm to shelf in seconds. This isn't theory—it's saving time, money, and even lives by preventing contaminated food from reaching consumers.

My Take—and Why It Matters to You

When we started Venly, we saw beyond the hype. We recognized the promise of blockchain and smart contracts and how it is the next foundational technology, much like the credit card was.

‍

We've helped businesses:

• Navigate the Noise: Cut through the over-exuberance and focus on practical applications that make a real difference.
• Implement Without Overhauling: You don't need to reinvent the wheel. We integrate blockchain solutions seamlessly into your existing operations.
• Stay Ahead of the Curve: While others are still debating, you can be leveraging technology that's set to become the new standard.

Ask Yourself:

• Will you be the business owner who scoffs at new tech, only to play catch-up later?
• Or will you recognize the patterns of history and seize the opportunity now?

Let's Talk - No Hype, Just Substance

I believe blockchain is the next big leap - just like credit cards were decades ago.

Want to find out how this technology could revolutionize your business?

Don't be the one left wondering "what if" years down the line.

‍

➡️ Claim your free consultation with Venly

➡️ Discover Blockchain Solutions tailored for You

‍

Let's make it happen.