My First Million

#165 with Jack Butcher - Selling a $76m NFT, How to Research Wealthy People & How BitClout Went Viral

Mar 31, 2021

Jack Butcher, a visual artist and entrepreneur behind the Visualize Value brand, shares his incredible journey from struggling founder to selling an NFT for $76 million. He delves into the strategies for researching wealthy individuals and identifies lucrative market opportunities. The discussion also highlights the early advantages of new platforms, the potential of BitClout's viral growth, and the reputational challenges facing NFTs and cryptocurrencies. Jack's insights reveal the intersection of art, finance, and modern digital trends.

01:20:18

Episode guests

Jack Butcher

Highlights

AI Chapters

Episode notes

Levels of Luck

02:02

Intro

3min

From Graphics to High-Stakes NFTs

13min

Exploring a Profitable Niche: The Power of Words and Online Engagement

2min

The Boom of Chess and Online Monetization Strategies

9min

Curiosity and Investment in Emerging Lifestyles

32min

Navigating BitClout: Risks and Rewards

17min

The Paradox of NFT Sales and Podcast Growth

3min

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Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Jack Butcher (@JackButcher) discuss:

(1:37) How Jack Butcher went from struggling founder to listing an NFT for $76m
(13:38) How Sam researches wealthy people and discovers profitable businesses in the process
(32:44) Why it pays to be early on new platforms
(47:30) Jack explains why he's listing his art for sale for $76m
(57:40) BitClout's incredible growth strategy
(1:09:12) The reputational problem NFTs/Bitcoin/Bitcloud pose and are they just fads

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