NFT Business Model: Quick Win and Long-Term Strategy

Date: April 20, 2022 (Wednesday)
Time: 3:30-4:30pm

NFT Business Model:
Quick Win and Long-Term Strategy

NFT is not rocket science. The blockchain-based data ownership management technology appears to have made the statement ‘Data is the new oil’ come true literally, mainly via digital art. Dapper Labs, the creator of one of the first NFT games Cryptokitties, has received a USD7.6 billion valuation in late 2021; meanwhile, NFTs has generated over USD23 billion in trading volume in 2021. Daily NFT trading volume, however, has dropped 80% on the NFT-marketplace OpenSea last month. In this workshop, we are going to discuss whether it has been a hype and how we should plan the business and investment strategies towards a highly speculative market. We will also explore how you could make the best use of your creativity and knowledge in developing NFT-technology-based projects that bring positive impact and create tangible and intangible value.

Date: April 20, 2022 (Wednesday)

Time: 3:30-4:30pm

Speaker: Mr Joseph Chan, Associate Director – Centre for Asian Entrepreneurship & Business Values, Programme Lead – Entrepreneurship, Design & Innovation, Faculty of Business and Economics, HKU
Moderator: Dr John Yuen, Assistant Professor, Department of Computer Science, HKU
Mode: Zoom

About the speaker:

Joseph Chan is leading the Entrepreneurship, Design and Innovation programme at HKU Business School and is the Associate Director of Centre for Asian Entrepreneurship and Business Values. His current researches focus on Innovation & Entrepreneurship, Blockchain Application and Design Thinking. Joseph’s innovation vision conglomerates the inter-disciplinary areas of business strategy, ecosystem, technology and smart cities. His projects were developed and implemented in Europe, Middle-East, India, Thailand, Hong Kong and Mainland in China – which includes award-winning blockchain and NFT-based smart customer relationship management tool.

Joseph is also an educator who inspires students across different levels and disciplines to be creative with the understanding of stakeholders, industries and markets. His students would use Design Thinking to solve business, design, social, entrepreneurship and technology problems – and have been receiving local and international innovation award.  He has been awarded Best Design Educator Award in 2016 by Hong Kong Designers Association.