Any tips for NFT research? While I get your point of buying ETH NFT’s at the bottom, to me it still feels like the exception and not the norm for these assets to appreciate without utility function.
Most of these projects, people will lose money. The only NFT’s that have held their value for me have been ones tied to membership logins. (Example: using an NFT as login authentication to access AI crypto research and API’s.
If the NFT doesn’t have utility, then you’re trusting the project creators to maintain a community and keep people interested, which is hard to do in crypto. (Only a few blue chip NFT’s that have actually done this in the long term)
It hard for me to invest in NFT’s that are just art right now.. but.. I still get your point for the objective investment opportunity.
Thank you for freeing up this article. What do you think about being on the other side of the proverbial coin and being the creator of NFTs? I am a starving artist at this point in my life and in need of patronage if I am to get into this market. Do you think there is room for this in the new digital art frontier for artists? There are sooooo many artists that need CAPITAL to make their art for investors (sharks) to circle and take a bite of. Just my two cents from the other side of this coin.
I'm so pleased you brought that up. Apart from that what is the difference between 'Crypto Punk' and let's say 'MUTANT APE YACHT CLUB' NFT? How to launch and pump 'Kate Arcangeli' NFT or for that matter a 'Gustav Sauerkraut Reverse Engineering 'NFT??
Thanks for the article, always good stuff 🔥
Any tips for NFT research? While I get your point of buying ETH NFT’s at the bottom, to me it still feels like the exception and not the norm for these assets to appreciate without utility function.
Most of these projects, people will lose money. The only NFT’s that have held their value for me have been ones tied to membership logins. (Example: using an NFT as login authentication to access AI crypto research and API’s.
If the NFT doesn’t have utility, then you’re trusting the project creators to maintain a community and keep people interested, which is hard to do in crypto. (Only a few blue chip NFT’s that have actually done this in the long term)
It hard for me to invest in NFT’s that are just art right now.. but.. I still get your point for the objective investment opportunity.
Hey Travis, the NFTs are expressive so we’ll always prefer them over coins.
It just happens to be the first use case is art.
Art is upstream or at the epicentre of every cultural change.
Utility tokens have held the least value. Xcopy and Beeple are almost back to all time highs.
Not sure what membership you’re on but for annual members I offer a free 1-2-1 call — be great to catch up 🤝
Thank you for freeing up this article. What do you think about being on the other side of the proverbial coin and being the creator of NFTs? I am a starving artist at this point in my life and in need of patronage if I am to get into this market. Do you think there is room for this in the new digital art frontier for artists? There are sooooo many artists that need CAPITAL to make their art for investors (sharks) to circle and take a bite of. Just my two cents from the other side of this coin.
I'm so pleased you brought that up. Apart from that what is the difference between 'Crypto Punk' and let's say 'MUTANT APE YACHT CLUB' NFT? How to launch and pump 'Kate Arcangeli' NFT or for that matter a 'Gustav Sauerkraut Reverse Engineering 'NFT??
Peter Wayner Invented Bitcoin
It's proven on my site. Thx