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      • 01: The First 3 Things You Need to Know about NFTs
      • 02: How Did NFTs Change the Rules?
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      • 14: NFTs for Beginners
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Episode 14: NFTs for Beginners

Home » Episode 14: NFTs for Beginners

Episode 14: NFTs for Beginners

The word NFT has been thrown around everywhere – making waves on TV and online.

And at some point, you may have wondered:

NFTs for Beginners: “What is an #NFT?”

“Should I purchase or create an NFT?”

“What makes NFTs different from cryptocurrency and digital currency?”

In this episode, business innovator and leader, Lee Richter, guides you on the differences between these three digital payment systems and how the term “fungible” comes into play.

Key points covered in this episode:

NFTs for Beginners

Lee shares three easy questions to think about when crafting your first NFT.

  • “What form of media are you sharing?”
  • “What are its contents?”
  • “Who is your target audience?

Get creative. Take a deeper look into what your NFT includes. Tom Bilyeu, the creator of Impact Theory, dropped his NFTs that offer surprises and unlockables every quarter, leaving his audiences wanting more and raving about it to their friends.

Know your target audience. There are tons of #NFT-centered groups where people promote and write reviews about their favorites. Don’t be afraid to join in the online conversation.

Design a roadmap. You want your community to stay for the long haul. Think about your destination. Start working from there before figuring out your step one.

Collaboration is huge in the NFT space. Look for experienced creators and buyers who can be your mentors. Let them share their advice, and enjoy the learning process.

Get your feet wet in online communities, Reddit, Discord, and Twitter Spaces have the most active and fastest-growing NFT communities. Get an expert who can also help you. Dipping your toes in NFT groups would get you into a treasure trove of information.

Learn about NFTs and with the best timeline resource here: https://nfttimeline.com/

Learn More About the Global Leaders Collective…

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Our content is not intended as, and shall not be understood or construed as, financial advice. Lee Richter and The Global Leaders Collective are not financial advisors. The information contained on this site is to be used for educational purposes only. We’ve made sure that the content and resources provided are accurate and provide valuable information. You must do your own analysis before making any investment based on your own personal circumstances or take independent financial advice from a professional.

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