How To Think About Investing In Long Term NFTs

Oct 7, 2021

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It can be easy to dismiss NFTs as a fad or as unsophisticated cartoons, but doing so would mean missing out on some very exciting developments happening in online investment and the broader digital landscape. In today’s episode, Eric unpacks the key features you should be looking out for when you decide to invest in long-term NFTs. Some of the most rewarding NFTs to purchase are ones that have a built-in sense of community, where you have the opportunity to meet up with other participants and gain access to exclusive events and content. Another key indicator of an NFT that has long-term potential is one that has a clear roadmap for how it plans to develop in the future, whether it’s expanding the brand or hiring increasingly skilled artists to elevate the product. Tune in to hear all about the NFTs that Eric has chosen to invest in and why a long-term mindset is crucial!

TIME-STAMPED SHOW NOTES:

[00:15] Introducing today’s topic: How to invest in long-term NFTs.
[00:46] The exciting time we find ourselves in and the decentralized web.
[01:05] Eric breaks down his NFT investments and why he chose them.
[03:03] Why NFTs are like the intersection between gaming and business.
[03:28] NFTs that have a sense of community and why that’s an important quality for investing.
[05:17] How to identify long-term NFT’s through their projected roadmap.
[06:14] VeeFriends and Gary Vaynerchucks’ projected roadmap for the project.
[07:57] The story of CryptoPunks, the first-ever NFTs.
[09:15] Eric’s take on investing in long-term NFTs.
[09:37] Why you should have a long-term mindset when you invest.

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