The Future of Finance: Cryptocurrency, NTFs, and Blockchain
Adam Mastrelli is a Partner at Woodstock Fund, a Web 3.0 investment fund. In this role, he focuses on business development and investor relations for DeFi, Web 3.0, gaming, and the metaverse. Adam is also the Founding Partner of Deal.Game and held various roles at IBM, including Digital Assets and Banking, Blockchain Lab Services, Global Client Executive, and Account Services.
In this episode…
With cryptocurrency gaining traction in the stock market, many people want to capitalize on its financial benefits. So, what does this digital currency entail, and what should you consider before investing?
Crypto is a decentralized form of currency that does not rely on third-party mediation from banks or other government entities. It uses automation to process multiple transactions almost instantly and can be traded digitally. NFTs also transfer value, but unlike crypto, they are individually verified intellectual property and can’t be exchanged. Both digital assets exist within the blockchain, a secure distributed database that stores a record of transactions. While cryptocurrency and NFTs allow for financial freedom, they can also be regulated and banned by individual governments.
In today’s episode of What The Teck?, Rolando Rosas and Dave Kelly sit down with Adam Mastrelli, Partner at Woodstock Fund, to discuss cryptocurrency, NFTs, and blockchain. Adam talks about the evolution of the internet, tokenizing and decentralized finance, and the capabilities, benefits, and risks of smart contracts and automated transactions.