Entrepreneur Gary Vaynerchuk on his new NFT collection

Non-fungible tokens have grabbed headlines for the surprising prices and the celebrities getting involved in the craze, but entrepreneur and VaynerMedia CEO Gary Vaynerchuk is launching a first of its kind NFT collection. VeeFriends features more than 10,000 tokens of art drawn by Vaynerchuck and each assigned utility through a smart contract. He joined "Squawk Box" on Wednesday to discuss his venture.