NFTs: My Learnings & Why I’ve Invested Over $150k

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EP.592

After my last episode on NFTs, I got 500% more DMs than any other episode I’ve ever done in almost 600 episodes. The majority of them were asking for an episode on the basics of NFTs, so that’s what I’m bringing to you all today. I break down some of the major terms and concepts of NFTs to help launch your own exploration. I explain the difference between utility-first and collectibility-first NFTs, the two ways to get an NFT and what a virtual wallet is. I also get into what the mining process looks like and what Etherium is. Join me on this journey as I learn more about blockchain and web3.0. 

 

Episode Timeline & Discussion Questions:

( 0:59 ) Welcome back to The Chris Harder Show.

( 1:48 ) Chris shares that he’s invested over $150,000 in NFTs over the last two weeks. 

( 3:19 ) Chris explains that today’s topic will be going over the basic terms and concepts of NFTs. 

( 4:49 ) Chris defines what a smart contract is. 

( 7:41 ) Chris talks about Gary Vee’s ‘VeeFriends’ and NFT restaurant. 

( 10:24 ) Chris defines the terms virtual wallet and Etherium. 

( 11:44 ) Chris breaks down the minting process. 

( 14:01 ) Chris shares why he’s so passionate about blockchain and web3.0. 

( 15:23 ) Text NFT to 310-421-0416 to get updates and follow along on Chris’ NFT journey. 

( 16:25 ) Chris asks listeners to share the podcast and leave a 5-star review. 

Web3.0 and a new
currency system
colliding is the
biggest opportunity
any generation has
probably ever seen.

You’re Going To Hear About:

  • Examples of different types of NFTs 
  • Two different Gary Vee projects that I’m excited about 
  • The world’s first NFT-only restaurant 
  • My favorite tools and sites for buying and managing NFTs 
  • Why it’s crucial to learn more and invest in this new space

Resources Mentioned:

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