The Money Podcast Bonus! NFTs, Crypto & the Digital Art Revolution
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There are so many ways to generate income right now, these are incredibly exciting times where more and more people have access to new ways of creating and investing than has ever been seen before.
In this bonus episode of the Money podcast Rob talks to Jesse Meester all about NFTs, Crypto and the digital art revolution. Listen in today to hear more about what they are, how you can start to get involved and what the future holds for the digital currency and art revolution.
KEY TAKEAWAYS
- NFTs are Non-fungible tokens. They are almost a digital signature, like the creators signature but in the form of a token. The great thing about NFTs at the moment is that as an original creator you will continue to receive royalties even if your art is sold on and it will always be visible that you were the creator.
- Anyone can mint and tokenise some art/asset right now. It creates so much opportunity for unknown artists. Jesse sees a lot of skeptics but also sees a vast amount of opportunities, especially for artists to make a living.
- There are people out there calling NFTs a scam, but Jesse thinks this couldn’t be further from the truth. Yes there have been some overpriced pieces but now the market is starting to correct itself and stabilising. We have seen this kind of thing before, such as in the housing market!
- Similar to equity in housing, people have made a lot of money with the digital revolution so far without having to put in much ‘graft’. This doesn’t make it a bad thing but can cause people to react negatively to its success. Jesse also points out that although some people are ‘lucky’ there is also a lot of time and research that goes into these kinds of investments.
- The decentralisation of media is happening, power is shifting from bigger companies to the individuals. Social media channels and platforms are now starting to compete for the creators.
- It’s possible for any creator to find success. You can start small, in the beginning it’s important to create, create, create and to interact with your fans and communities.
- You can NFT anything. Even a book, you would have pictures of your book and mint them. You could decide whether you would just want that to be a paragraph or the entire book.
- NFTs and Crypto are unregulated. These things are decentralised for a reason, the moment a government tries to get involved it completely changes its worth.
- Jesse believes the future of money is the replacement of field currency, to be replaced by crypto. People are waking up, currently big banks control the world, but he sees things changing.
BEST MOMENTS
“For some people it’s a quick money grab, for me I am in a position where I don’t need that so I am using it to give back as much as I can”
“There’s a lot of people who have made a lot of money in Cryptos”
“People can invest in you as a brand, in a piece of you”
“The creator economy right now is something that is incredible”
“Is this going to be the death of the bank?”
ABOUT THE GUEST
Jesse Meester
Jesse is a travel influencer and an expert in the world of NFTs, Crypto and Digital Art.
VALUABLE RESOURCES
bit.ly/Robsupporter
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979