NFTs: The World-Changing Renaissance Most Don't Know About
Why NFTs are on the rise and here to stay...
Most people still haven’t heard of NFTs.
Or if they have, they don’t get it.
They think it’s a silly passing fad.
I am not in this camp.
I think NFTs—“Non-Fungible Tokens”; essentially a piece of blockchain tech that enables anything digital or physical to become a provably-owned digital asset—are here to stay, and are going to get much bigger.
Two Twitter Threads Articulating My View
Here are two threads I wrote in the past few months articulating why I feel this is the case. The first is from October:
And here is a slightly older thread from August that I think is still worth including:
So this should give you a clear sense of what I’m seeing in the NFT space and how I’m connecting it to the emergence of a New Earth.
My NFT list on Twitter should also give you a solid leaping-off point if you want to go deeper into NFT Twitter—currently the best place to learn about NFTs, in my view.
I’m very curious about where this NFT renaissance will go, and I’m pondering on ways to integrate NFTs into my own projects. If you have ideas for possible collaborations, reply and let me know.
P.S. Keep scrolling to access my guide to ‘Cryptocurrency Investing & Wealth-Creation Fundamentals,’ which I genuinely feel can enable you to 5-10x your cryptocurrency investments over the next ~5-10 years or less.
Jordan Bates is a wizard, sovereignty mentor, wisdom synthesizer, writer, trickster, rapper, artist, lover of Tao, and founder of Ouroboros—a vortex of New Earth sovereignty & wizardry. Find him on social media and view his latest books/albums/offerings here.
Here is my guide to crypto investing & wealth-creation fundamentals:
An IMPORTANT ADDENDUM on this (Nov 2021):
I don’t feel that NOW is the best moment to pour a lot of money into crypto. My personal sense is that we are going to see another large correction sometime in the next few months. I feel like this macro-bull-run is starting to lose steam and a healthy correction will inevitably come.
I’ve been pulling some wealth out of crypto (~15% of my holdings so far) so that I am in a good position to buy a lot after the correction. I intend to continue taking profits as BTC climbs into the $70-80k range; I don’t foresee BTC getting much beyond the $80-100k range before this macro-bull-run ends. This is my opinion; not ‘official financial advice.’ I recommend keeping an eye on the market and when BTC/ETH drop 40-60% and most alts drop 60-80%, THAT IS THE MOMENT TO LOAD UP AND HOLD long-term in a disciplined fashion.
[Update as of Oct 2022: The crash/correction happened, as I predicted. Now is a good time to be buying / dollar-cost-averaging into crypto.]
However, dollar-cost-averaging a small % of your wealth into crypto with intent to HODL long-term is basically a solid idea at any time, as I still feel that in ~5-10 years the coins that are still around are going to be worth much more than they are today.
So read the above guide with this pinch of salt and act accordingly.
I’d also reckon that this correction will heavily affect NFTs. Guessing we’ll be seeing a significant dip in NFT prices at some point in next few months too, so I’m not personally seeking to buy NFTs right now for the most part. I’m deeply interested in the NFT space, but it’s always essential to use discernment in the crypto space to understand when the market is closer to mania VS depression in its highly-volatile cycles.