Selling NFTs below cost is one of the most frustrating things to watch in the NFT space. This article is set on discussing any logic that exists behind this facepalm behavior. Buyer’s RemorseMy experience: We’ve all been there. You buy something and instantly you regret it. You immediately are tempted into selling NFTs below cost. This …
The purpose of this post is to get you started quickly and safely and leave the details for future posts. As a millenial, I tend to spend countless hours researching before I begin, and NFTs and cryptocurrency was no different. This guide is put together for the person that learns by doing. Each section has …
Ripping into physical packs of cards as a kid is definitely nostalgic for me. I remember kneeling in the magazine isle paging through the latest “Beckett” to look up the value of my cards. Even if I understood the potential value for a collectible, actually realizing that value took a lot of additional work and …
One of my favorite parts of NFT projects is when they include digital packaging that has some utility. I’m extremely biased working as a packaging engineer in the physical world because I’ve always strived to come up with a novel secondary use-case with my physical package designs.What is digital packaging?Digital packaging is a placeholder that …
The goal with NFT Lessons is to make this an approachable learning experience for readers. Nothing I say on this entire NFT Lessons blog should constitute financial advice.Do your own research (DYOR)To reiterate the purpose of NFT Lessons, I am doing my own research and publishing it as a resource. You can choose to learn …
One of the most critical parts of a great NFT project is a strong roadmap.What is a roamap?A roadmap is a high-level outline of milestones that a project aims to accomplish.Good roadmaps contain these traits:Easy to digest and understand ideally less than 7 milestones.Estimate timelines for the delivery of project milestones.Sets expectations with project scope.Highlights …
How should you determine the value of an NFT? What NFT metrics matter the most? After participating in the market for months, I’m going to write my hypothesis on what metrics you should care about and what information should be ignored. Since there are so many metrics to cover, I will span a couple of …
We’re Sold Out! All future sales will need to go through the secondary market!I’ve seen these words echoed by many project creators over the past few months. These are words every creator strives to utter, and yet they have vastly different effects on people inside, outside, and sitting on the fence. My goal with this …
This article is meant to define two fundamental concepts with NFTs and discuss the differences and advantages between them. It will take a couple of lessons to define all of the important terms so if there is a term you don’t quite understand yet just bear with me.Purchasing NFTsPurchasing an NFT is very similar to …
So I’m chatting with the boys in a group chat, and my older brother mentions this thing called NBA Top Shot. “It’s like digital basketball cards. The physical trading card market is hot right now and I think this could be huge.” Sounds fun! As a typical millennial would do, I went about my day …
