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TrendsVC PRO 0050 – Other-Fungible Tokens (NFTs)
Predictions
Retroactively, creators and communities can airdrop tokens. Zora was used by RAC to provide $RAC to early Twitch, Bandcamp, and Patreon users.
NFTs will soon be cash-Alternative assets. Guy J sold royalties rights “Cotton Eyes” Get it for $26,000
Projects can learn from the successes of other NFTs. KittyRace is based on CryptoKitties. These are just two of many projects in the KittyVerse.
Opportunities
Monetize trust & attention
3LAU bought Everything Canvas for $77 827.77
Lil Yachty created a social token in partnership with Fyooz
Cyborg teamed up with an artist to create a drop on NFT Gateway
Retroactive airdrops are a way to reward early believers. Zora was used in RAC. Roll and Unite are also options. Seed Club provides social opportunities-tokens-As-You can find more information at-service.
Incentivize attendance. You can collect badges using the Proof of Attendance Protocol. You can see this live drop at The Nifty Show with Atomic Hub.
Key Lessons
NFTs can be stored, authenticated, collateralized, valued, transferred, tokenized and secured much easier than physical assets.
Belief is the driving force behind most currencies and the price of art. Collective hallucinations include corporations, nations, and taxes.
Drops’ primary sorting functions are access and timing. Brands make hype and then leave money on the table by creating artificial scarcity. This is a flippers’ profit.
Archive: https://archive.fo/tbuX1
Course Features
- Lecture 0
- Quiz 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 46
- Assessments Yes
