nft stands for for nonfungible token. on block chains used to represent an asset usually it's art but it could also be simply a meme or a video. a popular meme just sold for $580,000 crypto punks, a block chain for head shots had over $15 million in sales in a single day a digital nba top shots are among the most popular here. the league gets a cut of the trading, trading topping $200 million just over the past 30 days the video highlight of lebron james' dunk shot went for over $200,000 mark cuban's among the biggest proponents here. one of his twitter posts going for $950,000 and lindsay lohan sold an image of her face for $17,000. that was immediately flipped by the buyer for $58,000. carl, a goldrush here even though it's hard to explain what the gold is. back to you. >> that's exactly right. robert, thank you for that joining us right now maybe can help is mike winkleman, aforementioned artist known as beeple thank you for being with us. >> thank you very much for having me. i noticed you guys don't have enough sound

they are used to transacting in either, in the nft-based art collecting world. a natural inclination for us. it is something that could lead to more money on the bottom line for everyone involved, so we have a fiduciary responsibility to make sure if we have the opportunity, we pursue it. it is that perfect situation where we have a seller is very literate when it comes to cryptocurrencies, and we have an audience that wants to pay using cryptocurrency, so it is the perfect situation. joe: we have about one minute left. it seems like people are into buying stuff, art, nfc's, basketball cards, physical ones, digital ones. what is going on? why this surge to spend on collectibles? >> people have always wanted to collect. it makes us human, the desire to acquire things. in letdown, probably -- lockdown, probably the energy towards that activity is encouraged. you have a very limited real life compared to the virtual life you lead, and there is something to be said about the virtual nature of the asset, right? we have been spending the last year plus, and looking to

to trade the platform, and where is that standing right now, and nowadays so much interest in the nftsundable trades. >> well, what is unique about that is that the securities trade and settle on trade plus zero, t-0 days rather than the t- t- t-plus2 that has caught the market. and as far as nonfungible tokens, and yes, those can be traded on the t-zero, and any asset that has value that the owner wants to create liquidity in whether it is real estate, whether it is an artist's futur income, and all of those things can be securitized. >> when you saw that for t-zero basically, what did you think and do you think that overstock could play a role in how trades are settled in the future, and this is what the robinhood ceo wants to do, but t-zero wants to be a competitor to robinhood or the coin-base. >> well, t-zero offers what coin base has, and we have a crypto wallet and allow for security tokens to trade and t-zero recently got a broker dealer to allow for mns securities to trade and t-zero is going to bring it together. there is no reason in 2021 why the trades can't settle immediat

i hope hollywood and everyone involved nft entertainment industry realizes how ridiculous this is ande around and bite them in the butt, too. they better make sure they're perfect before they cancel other people. those who live in glass houses shouldn't throw stones. there are a lot of glass houses in entertainment, sports, politics, and hollywood. >> harris: leslie. >> a couple of things. people tried to cancel me. i'm a liberal democrat. republicans try to cancel each other with the censure for people that voted with democrats in the impeachment trial. look, the bottom line is there are first of all the bachelor, crest, they're companies, businesses. their bottom line. they care about ratings and money and the outpouring of people that felt violated, hurt and were offended had to be addressed. i don't think it's a matter of canceling, a matter of addressing a large segment of the population. remember, this girl is dating on this show and i'll be honest i'm not a big fan of this show or people dating like this on television but this woman is dating an african-american. she has made a

showing that the industry has really reached a much higher public acceptance and personally , i think the nft little bit more personal, but i'm very happy to see that cryptocurrency has come along this way. actually, if you think about it, in a very short period of time. charles: yeah, no you're absolutely right. in the meantime though it hasn't been a smooth ride, right? we see bitcoin under pressure again and a lot of folks are telling me these wild gyrations are just part of the growing pains. is that your assessment of this , maybe if you want to be a part of it get used to 20% gyrations? >> yes. 100%, so any value asset and yes , i do consider bitcoin a value asset, which warren buffett would probably get angry about, but i do think that it is now time to accept bitcoin in some other cryptocurrencies as a value asset but if you look at any online financial traded assets, there are ups and downs, there are going to be up days and down days and you have to really understand, why are you investing in this thing? are you investing in it so that as the previous guest mentioned so that you com

either for yourself or others or getting into what's called nfts?e fact that -- one of the things i loved when i connected with is the grit his family came to this country with $89 he played tennis put himself through college. as a teenager sold his baseball card collection for over $100,000 to put himself through college. one of those cards was an a-rod card that means he still owes me. >> alex, i'm going to repay you back with this transaction and all our shareholders, we're going to do great things and we're very excited for slam corp >> we appreciate both of you joining us we do plan to follow and hope to follow your progress we hope you come back as you work on the transaction and potentially find a target. >> thank you >> thank you for your time >> you bet joe? >> thanks, andrew. let's get to the head quarters jim, we're coming out of a spac discussion we've had a few this morning and i know you have a pretty interesting discussion coming up with ralenson, right from lucid >> yes i think today is the day the fulcrum days. people expect one thi