In this episode of Understanding Crypto we talk about the essential steps you need to take in order to do your due diligence before investing in an NFT or crypto project. 

It goes without saying that THIS IS NOT FINANCIAL ADVICE but we have been carefully watching a number of launches recently and - whilst they outwardly look like a hit - scratching the service reveals a different story. 

Of course, in a lot of cases, an NFT is essentially an early-stage fundraise in order for a proposed roadmap to actually happen which ultimately leads to an end goal of utility coming to fruition for the community the project is intended for… but there are some bad actors out there who are looking to create enough smoke and mirrors to bamboozle people into parting with their cash for very little end result.  

In the show you will learn: 

• What to look for in a web 3.0 project
• What sites to use in order to check stats around a project
• The importance of sense checking yourself… and others
• Why you need to be able to believe in the roadmap

Understanding Crypto is the podcast created to help you work out what is happening in the world of Web 3.0 and the impact this digital revolution could make to your brand, business and life.

In this show your hosts Paul Abercrombie and James Burtt will be discussing, distilling and massively simplifying subjects such as how blockchain works, what is metaverse real estate all about, what are you actually buying when you purchase an NFT, how do DOA's work, which direction is Bitcoin heading in, how to use a digital wallet, what steps you need to take to onramp from fiat currency into digital assets and lots, lots more.

Plus, via specific episodes of the podcast, Paul and James will actually pull back the iron curtain to share what on-chain projects they are involved with and document - in real time - the processes they grow and go through in order to make Web 3.0 as valuable for real-world realtime businesses and brands as possible.

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CHECK OUT THE LATEST WEB3 PROJECT FROM THE UNDERSTANDING CRYPTO TEAM VIA https://tinyurl.com/understandingcryptoproject