NFT is in a good spot right now because it's a ten-billion-dollar market that began from nothing earlier this year. It's enormous enough that we know it's here to stay, but it's also small enough that those who learn about it first have a strategic edge over those who don't.

Stephen Carl begins a new series of NFT trading. He'll talk about what he learned this year and what he wishes someone had told him before.  Btw, the image in the episode cover is from Parallel Alpha, an NFT project that just received a $50 million investment. 

Now that the secret is finally out, learn more about it by listening to this episode!

Highlights:

[04:46] Introducing our new series on NFT trading

[05:01]  What web3 and the metaverse are all about?

[09:00] The importance of doing extensive research and building a thesis

[10:20] The origins of the product drop. 

[11:52]  How to time the market: NFT drops vs the secondary market (Opensea)

[12:04] How community and participation fit into NFTs and what eCommerce brands can learn. 

[13:30]  How the Bored Ape Yacht Club crossed paths with The Strokes.

[15:20] Tip #1: The NFT is growing: A closer look at the numbers. 

[18:22] Tip #2: Buy what you like and have high conviction.

[19:40] Stephen’s high conviction NFT: Parallel Alpha

[21:50] Tip #3: Being aware of FOMO: Fear of Missing  Out

[23:15] Tip #4: The best things happen when the market is quiet.  And vice versa. 

Link:

Parallel.life

Boredapeyachtclub.com

Opensea.io

Taiki Maeda - YouTube

People mentioned:

Mark Zuckerberg

Jeff Bezo

Gary Vernaychuk

Grimes

Elon Musk