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Aug. 18, 2023

Charles Stanton: How Brands are Coming Onto the Blockchain

Charles Stanton: How Brands are Coming Onto the Blockchain

I am excited to welcome Charles Stanton on #thePOZcast, alongside my special co-host Kevin Logan Jr. Charles is the Chief Marketing Officer at Forj, a company leading the charge in NFT technology and driving audiences into the Web3 space. With a strong UK marketing background, he spearheaded digital campaigns for top brands like KPMG, National Lottery, Bupa, and British Gas. Recognized for his innovative social media marketing, he now applies his expertise at Forj, forging new paths in digital collectibles, gaming, music, and entertainment.

Adam and Kevin sit down with Charles to discuss his journey and his thoughts on how brands can bridge the gap between the metaverse and their audiences. They delve into the challenges and opportunities for brands entering the metaverse, with a focus on Forj's efforts to foster co-creation between fans and creators. The discussion also touches on the importance of putting in the work and effort to succeed in the Web3 space. They emphasize the significance of ownership and peer-to-peer transactions, highlighting the role of blockchain in providing an immutable source of truth.

Notable Quotes

“I talk about the democratization of brands because you know more than just what products have done. So again, they've been the poster child, I suppose, for centralized by paying, but if you think about how ordinary brands will be thinking about themselves in the future they need to start opening up to communities, they need to start being open to co-creation.”
Charles - [12:41]

“I see the metaverse as being like the internet is now. It's not going to be a case of there will be one big festival and all that will be different. Essentially, metaverse experiences that you jump into just as you jump into your website, you allow an address of some kind, you jump into that metaverse experience.” Charles - [20:13]

“As a marketer, imagine a situation where you've developed the brand, you developed your brand values, and you want to communicate these brand values in the real world. It's very hard to do in a way that you have complete control over in the metaverse.” Charles - [22:19]

To learn more about Charles Stanton:

https://forj.network/
https://www.linkedin.com/in/charles-stanton/

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  • [03:12] Charles’ background and career journey
  • [05:18] Charles’s conversation on NFT Investments with his spouse
  • [06:44] Charles’s motivation with Web3 and potential projects, including Cardano.
  • [08:55] The rebranding process from Bondly to Forj and the reasons behind it.
  • [13:39] The reasons behind the greater affinity and engagement in the web3 space compared to traditional marketing approaches.
  • [17:41] How brands can connect with the metaverse and facilitate ownership and Web3 integration.
  • [18:43] Charles’ definition of the Web3 Metaverse
  • [20:11]] The future of the Metaverse and Brand experiences
  • [24:55] Unique opportunities and challenges for brands exploring the Metaverse
  • [27:06] How Forj fosters co-creation between fans and creators in the Metaverse
  • [30:12] Charless recommendations for breaking into Web3 from Web2
  • [34:28] The biggest threats to Web3 adoption and growth
  • [39:21] Why Charles considers blockchain as a technological movement
  • [40:37] Exciting innovations and projects that Forj is working on