Good Morning! Listen, I'm bullish on NFTs. Like I've said in my last few posts, I think they're the future and more than just art…
NFTs have utility.
They're different from crypto or other digital assets because they can offer real-world uses, perks, and benefits.
NFTs might seem a bit new and out there … but that's what people thought about bitcoin and crypto a few years ago. People didn't understand it. So they ignored it. And it cost them thousands or even millions in lost opportunities.
I don't want that to happen to you. That's why I'm sharing all this NFT information.
Because NFTs have the potential for unlimited uses. Check out some of the perks and benefits NFT holders get below. But first…
Do you struggle with managing trading emotions? Do they create trading problems and leave you with big losses? I want to help! Reply to this email and ask me your trading questions. I could answer your question in my upcoming special Q&A edition!
BAYC The Bored Ape Yacht Club is a popular NFT collection. Yuga Labs, the creators of BAYC, launched the collection in April last year. Each Ape started around $190. But after a popular NFT trader tweeted about them, they sold out in a few hours.
Then secondary sales started picking up…
Celebrities like Jimmy Fallon and Paris Hilton bought Bored Apes. Even billionaire investor Mark Cuban owns one...
Now, a BAYC NFT will run you around $300,000 or more.
But why are people willing to spend so much on what appears to just be a picture of an ape?
The NFT's utility.
As I said before, NFTs are more than just art. In BAYC's case, it's like an exclusive club.
Members get access to:
Here's an example of a real-world NFT perk...
ApeCoin is the newly adopted crypto coin for the BAYC ecosystem. And before it was publicly traded, Yuga Labs airdropped coins into BAYC holders' wallets — for FREE!
When the coin started trading around $20, some people sold and made thousands overnight. Just because they owned a BAYC NFT.
Now BAYC creators are working on a gaming and metaverse project. They recently raised $450 million to "build a media empire around NFTs." They plan to launch a play-to-earn game later this year.
Like NFTs, I'm bullish on the metaverse…
And if you want to buy anything in the metaverse — avatars, clothes, shoes, or even land — it's an NFT… Decentraland Decentraland is a 3D metaverse built on the Ethereum blockchain. You can buy everything you need for the metaverse on Decentraland's marketplace with Mana cryptocurrency…
When Decentraland first started selling virtual real estate, it sold parcels for about $20. Now, they sell for $6,000–$100,000.
Metaverse land sales topped $500 million last year. And according to some investors and analysts, that number could double this year. Trading metaverse land NFTs could offer potential opportunities…
But those are just a few of the potential uses for NFTs. It doesn't even cover the real-world benefits of NFTs — like restaurant clubs, exclusive access to company perks and merch, or access to future events and conferences.
Speaking of conferences, I've heard that Tim Sykes could bring back his Trader and Investor Summit soon…
And since he's getting in on NFTs, his event could be available exclusively to NFT holders…
Don't miss this. Get the full scoop NOW. Plus, learn how to snag your very own Sykes NFT here!
Have an amazing Money Monday, and I'll see you back here tomorrow.
Tim Bohen Lead Trainer, StocksToTrade
sponsored If not, you need to attend Tim Sykes' first ever NFT event this coming Wednesday, March 30th at 8PM ET…
See that video above? It's Matt Monaco explaining how he cashed out on a digital artwork of a "pudgy penguin…" True story!
You can get access to that video along with a free spot to Wednesday's event if you RSVP now… Seats are limited.
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*Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.
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Senin, 28 Maret 2022
How NFT holders made thousands overnight
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